Senior Gold Coin: The operation of Ethereum is not very insulting, and Bitcoin cannot escape the 312 curse today?
Since the Senate passed President Biden's $1.9 trillion stimulus bill last weekend, Bitcoin has returned to its upward trajectory. The U.S. stock market has continued to rise for three consecutive days since Tuesday. Optimism in financial markets got a further boost on Thursday when Biden formally signed the stimulus bill. Antoni Trenchev, co-founder and managing director of the encrypted lending platform Nexo, lamented this: Facts have proved that Bitcoin has legendary resilience, and every pullback is an opportunity to restart the rally.
As of 14:30 on March 12, according to OKEx trading big data, the ratio of long-short positions in BTC contracts was 0.99, and the number of short-sellers in the market dominated; the quarterly contract basis was above $600, and the perpetual contract funding rate was positive , the total amount of delivery and perpetual contract positions is 2.8 billion US dollars, and the overall air force dominates; in terms of BTC delivery and perpetual contract elite positions, the proportion of long accounts is 56%, the long position of elite accounts is 20.56%, and the short position of elite accounts is dominant. Continue to pay attention to the changes in the positions of large investors. Judging from the option contract data, the ratio of call/put active buying volume is 1.32, and the ratio of call/put active selling volume is 1.28. The active bullish and put buying volume dominates.
Today is 312, and many people are still worried. The Weibo of the three major exchanges has been blocked. Is this also a panic? Retail investors like to intimidate themselves, and then chase the rise and kill the fall, contributing chips to the market. The blocking of Weibo of the three major exchanges is just a routine operation, and it has been a sideline for many years. WeChat has also blocked many public accounts in the currency circle in recent years. Don't have any illusions, Bitcoin has been driven out of the country in 2017.
Pay more attention to the macro level. Many media and investors have linked the decline of gold with Bitcoin, believing that the popularity of Bitcoin has attracted funds from gold investors. This also established a good reputation for Bitcoin as "digital gold". The son of Prter Schiff, a well-known Wall Street gold supporter who has long opposed bitcoin, has changed his face and converted funds into bitcoin. This is very inspiring. The external environment is different, so stop fantasizing about the 312 crisis. I caught a cold one day last year, will I still have a cold on that day this year?
Yesterday, the big pie hit the 4-hour Bollinger Band pressure position in the early morning and fell back. Compared with the previous trend, it is very familiar. The market on the daily line has been running above the MA5 daily limit. The same is true for the market in the 4 hours. The market is running above the MA5-10 moving average. The Asian market fell back and broke the 10-day moving average and then rebounded and stabilized. In addition, today is the historic 312 curse. Market sentiment combined with the current technical situation. The overall trend has gone out of the structure of "selling expectations and buying facts", just as the market had a high probability of falling off a cliff at the end of last year, but this year it has stepped out of the situation of hitting new highs, so the market sentiment is just a kind of market panic, and ultimately depends on technology Judging from the perspective, returning to the technical side, judging from the current trend, the Asian market will drop, and whether the European market will continue to break down is the key, because there have been signs of a downward trend in the Asian market without continuation, in my opinion This is the situation of lure, so all conclusions are left to the European market to make a decision!
1. Open a short position at 56500, stop loss at 57000, and target at 55400
2. The rebound stabilized at 57,300 and the wet position was long, the stop loss was 56,900, and the target was 58,100
Ethereum is currently running around 1815. Yesterday, the MA60 moving average fluctuated up and down. Now it is back to the original point. Since yesterday, the MA60 moving average has been running horizontally and parallel. At present, the 60 moving average indicator is running around 1810. The market support and pressure positions in the past two days are concentrated at 1810- Around 15, at this time, the upper pressure is 1813-1818, and the lower is 1808-1806-1800, so the failure to continue any breakout is due to many obstacles. The daily line 1827 still shows a short trend, and ether is a thing that follows the fall but not the rise, so As long as the big pie is sideways or falling, there will be room for ether to fall back. At present, my point of view is to wait and see, and I cannot see any effective breakthrough trend. However, it can be seen from the one-hour Bollinger Bands that the market is gradually closing, which means it is oscillating There is a high probability that I will go out of the range. In short, in the current market, I will not easily open a position. The small range is 1817-1808. If you have to open a position in this range, you can open it lightly and run away after earning a few points. It is meaningless and extremely insulting Strong, if the range of 1386-1780 breaks, you can do a good job!
