The bears are as brave as tigers, whether the bulls are left in limbo

趋势思想

特邀专栏作者

2020-06-27 18:56 (UTC+8)

This article is about 1026 words, reading the full article takes about 2 minutes

The bears are as brave as a tiger, and whether the bulls have been sidelined.

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The bears are as brave as a tiger, and whether the bulls have been sidelined.

【Today's Currency News】

According to previous reports, Grayscale Investments (Grayscale Investments) has accumulated 19,879 bitcoins in the past 8 days, worth nearly 184.9 million US dollars. Currently, the Grayscale Bitcoin Trust (GBTC) manages nearly 400,000 bitcoins, accounting for 2.17% of the total bitcoin circulation. The Cointelegraph article analyzed that since May 11, Grayscale has purchased a total of 53,588 BTC, equivalent to an average of 1,190 BTC per day. If it continues to make purchases at this rate, it will own 3.4% of the global BTC supply (625,069 BTC) by January 2021 and 10% of the BTC supply by the next halving in 2024.

[Interpretation of BTC market]

BTC trading strategy reference:

BTC trading strategy reference:

1. It is recommended to buy more orders around 9050-8980, with a stop loss of 8900 and a target of 9250-9350;

2. It is recommended to buy short orders around 9300-9350, stop loss at 9450, and target 9100-9100.

The above suggestions are for reference only. The market is changing rapidly. Real-time analysis and operation of real positions shall prevail. Please do a good job in risk control during transactions.

[ETH Market Interpretation]

The trend of ETH in the past two days seems relatively flat. If you want to continue to break through, you need to accumulate strength. The upper pressure is 235, while the lower strong support is 227-225. This position is particularly important for short-term trends. There is a chance to continue to attack above 240. In terms of operation, it is recommended to rely on the support of the watershed to go long and it is more stable. The risk of chasing short is greater. Break through there first and the market outlook will continue. Operate cautiously, don't chase ups and downs, don't carry orders against the trend, watch more and do less, pay attention to risk control!