CME’s explosive volume gap, ETH’s strong breakthrough, has BTC started a blood-sucking bull market?

诺海_NhCynora

特邀专栏作者

2020-07-27 11:28 (UTC+8)

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Trading is a gamble, be a shrewd and planned gambler. Pay the risk, get the reward, accept the loss, the probability of winning, and strive to survive until luck comes. ——Trader C

Replay yesterday

Replay yesterday

There are a few major events in the past two days, let Xuewei talk about them:

The first is that BTC has rushed back to 10,000, shouting that the bull market is coming again

The second is positive about the fundamentals

The third is about the CME gap

First things first BTC bull market question

I'm still quite conservative

Mainly because there is no confirmation signal

And this confirmation signal is actually a question of when the previous high key pressure of 10500 will break through and stand firm.

As shown above

If it cannot break through, then the current position is the upper edge of high shocks, and there is no doubt about the pressure zone

If it breaks through, it means that this volatile market finally chooses to break through upwards

The market outlook is naturally unilaterally bullish

So before it breaks through 10500 and stabilizes at the daily level with heavy volume

I tend to think that the market is still a wide range of shocks

When it breaks through, that is the starting point of the bull market.

The second thing, the compliance act in Russia

In fact, this bill only defines the legality of cryptocurrency, and it will definitely form some positive forecasts in the short term.

period although we don't care how exactly it is "legal by definition"

just need to know

The public in the market thinks "this is good"

This pooled sentiment is reason enough to buy

The same is true for the disk

However, the benefits will always be exhausted, and the future market needs to be further observed

The third thing, CME explosion volume gap

The line closed at 8 o'clock this morning, and CME closed a huge gap

It is generally believed that the gap will be filled with a high probability in a certain period of time in the future

And this time is uncertain

No one can tell you exactly whether to make up after 3 days or after 1 hour

But one thing is certain

If you want to cover, then 10500 is the last chance

If it is really covered, then 10500 will definitely not pass, or a huge false breakthrough will occur

The gap can be filled only when the large-scale callback drives the short sentiment

So this is also the beginning, why wait for the daily line to break through and stand firm at 10,500?

Today's Direction

Today's Direction

daily map

Obviously, the price has reached the upper edge of the large shock range, and this is the first time since 6.7 that the price has rebounded and touched the upper edge of the range

There will be relatively strong supply resistance at the upper edge of each shock range

Behind this part of the resistance are many retail investors who are chasing higher

And friends who are shorting the contract

In fact, it is betting that the position of 10500 will not break

In fact, who knows if it breaks or not.

It's luck if you don't break the bet and win

If it breaks, it will return to zero

The unique features of the currency market

4 hours

It has been going up against the moving average, and there is no sign of restraint in the opening

been oversold

But in a unilateral upward trend, the price can always be oversold (knowledge points)