Shen Wanyuan: Ethereum is soaring, Bitcoin is about to make up for it, and the bull market is still short of these things

特邀专栏作者

2021-04-01 05:58

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【Shen Wanyuan】Ethereum is soaring, Bitcoin is about to make up for it, and the bull market is still short of these things

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【Shen Wanyuan】Ethereum is soaring, Bitcoin is about to make up for it, and the bull market is still short of these things

To invest, you must first establish a correct investment philosophy, which is the root of everything. Secondly, do a good job in position and fund management, maintain a good attitude, don’t be proud when you make a profit, and don’t be discouraged when you lose. With a solid technical foundation, you will be guided on the right path Only by going down can we gain a long-term foothold. Many times people are not pursuing profits, but indulging in fantasies, indirect indecision, so that the final transaction full of excuses cannot afford to lose, because they have never won at all. At this time, forget all the impossible, To keep a possibility. Success=opportunity+preparation, times make heroes, heroes make times, there is no such thing as a free dinner, opportunities favor those who are prepared, and the investment market is the same. Those who live are useless, so knowing does not mean doing it, it is equivalent to wasting your own time, only action has power, knowing and doing it can truly seize the opportunity, and you are the final winner! The way to invest is not in the profit and loss of the day and night, but in the long-term accumulation, in finding out the pulse of the market, and earning the market that we can understand.

Yesterday's mainstream currency trend review:

After the strategy was given yesterday, after the mainstream currencies smashed the market in the short term, the lowest level of Bitcoin was 56821, and the lowest level of Ethereum was 1770. Entering the market, the market pin just activated the long order suggestion. The market rose again in the early hours of this morning. The highest level of Bitcoin was 59600, and the highest level of Ethereum was 1945. The profit of long position of Bitcoin was 2400-2600 points, and the profit of Ethereum was 175-165 One point, it can be said that the biggest fluctuation recently is also the biggest profit of Ethereum!

Although the trend of Bitcoin yesterday was relatively in line with expectations, it is obvious that its pull-up strength is not high, and it can even be said to be relatively weak. It was directly beaten down at the 60,000 mark, and then rebounded again later. The high point is obviously It is constantly decreasing, but since Ethereum was the dominant player in the early hours of yesterday, we have every reason to continue to be optimistic about the continued rise of Bitcoin. Taking Ethereum as a reference, today's operation ideas are very obvious. Below is the 58430 first-line MA60 As a short-term support, the lower Fibonacci retracement 0.686 and the Vegas tunnel and the support bonding area below the upward trend channel constitute the limit support area 56900-57400, and the upper 60000 line short-term suppression

From the target point of view, the previous historical high point is 61300-61000. Before the market breaks through the 60500 line, short positions can still intervene in light positions, but the shock breaks the position. It is recommended that everyone give up the short thinking.

Interpretation of the midday trend of Ethereum:

In the early morning, Ethereum led the way, with the highest rise to 1945. The increase was 175 points away from yesterday's retracement low of 1770. It has to be said that it was the largest increase in recent days, and then fell back with morning shocks. The current shock is in the range of 1920-1930. There is not much fluctuation on the whole, but judging from the current market, the market has a pullback to accumulate potential energy for shocking upwards, so I personally suggest not to chase higher in today's operation thinking, and it is not too late to wait for the pullback before entering the market. The profit of the retracement can be eaten Do not eat, would rather miss than do wrong, the short-term 1935-1940 line can be used as a layout point for short-term wet storage and short-term orders, and the lower Fibonacci retracement line 0.786 position 1908 short-term wet storage and long-term support (if the strength is weak, you can enter or not) , enter the market and do a good job of risk control), the extreme support Fibonacci retracement line golden section 0.618 position 1878 line, break the backhand empty order to see the vegas tunnel 1826-1810 line, the operation is mainly to win the retracement profit.

Interpretation of market outlook:

The yield of the ten-year U.S. Treasury bond hit a new high in the near future, but neither the U.S. stock futures nor Bitcoin have fallen sharply this time. The specific macro reasons will not be analyzed here. From the results, the U.S. bond yield and the risk market Short-term decoupling will increase the risk appetite of many investors. Every time there is one less worry, the investment will be more aggressive. This is similar to the logic of the recent rise in bitcoin options after large-scale delivery, so it is a sign of the recent warming trend.

The inflow of institutional funds investing in encrypted products has reached the lowest level since October last year, indicating that the purchase of cryptocurrencies by institutions has slowed down. Although the demand has decreased, the supply has also continued to decrease, so the relationship between supply and demand is still in balance. The underlying logic for judging market shocks in the near future.

MOGO Holdings has launched a Bitcoin cashback mortgage loan. Through the loan business, you can return up to $3,100 worth of Bitcoin. The bitcoin mortgage loan that Fidelity and Silvergate cooperated with has also been formally established, and various loan methods through bitcoin as a medium are emerging, which means that bitcoin is becoming a global settlement currency. As the Ukrainian finance minister said yesterday, the future Cryptocurrency will likely become a global settlement currency.

Latvia Airlines accepts cryptocurrency payments, and the luxury car rental company MPH CLUB also accepts bitcoin payments. More and more large companies recognize cryptocurrencies. Isn’t this consensus a value? If everyone buys with cryptocurrencies in the future Things, then the huge capital pool effect will push the cryptocurrency to continue to rise.

The Canadian Securities Regulatory Commission has released a regulatory framework for the compliance of encrypted asset exchanges. Once the core component of the encrypted currency world is compliant, most businesses in the industry will enter a state of compliance, because the exchange is the superstructure of the encrypted world. hub.

The Bank of New York Mellon predicts that Bitcoin will reach 100,000-288,000 US dollars this year. Of course, in my opinion, 100,000 has a chance, and 288,000 is basically unlikely. The founder of ARK once again called on institutions to allocate 2.5%-6.5% of Bitcoin in their portfolios, which may push Bitcoin up to $200,000-500,000. One is more ruthless than the other, no matter what others say, we just need to follow our own plan.

The government of the Spanish island of Teneri decided to sell its holdings of bitcoins, a total of 20 bitcoins, with little impact. Each government has different cognitions and attitudes towards cryptocurrencies. In the end, time will prove who is right and who is wrong.

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