Once the mainstream currency has changed from the previous weakness to the strong one, where will the altcoins go?
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.
In terms of bitcoin yesterday, the white market gave a strategy of 57800-58000 as the limit suppression. In the short term, it can be used as the suppression position and the multi-order exit point. Yesterday, the white market chased the multi-order above 57000 and succeeded in taking profit at the 58000 line, and then activated Suggestions for empty orders, take profit on the vegas tunnel along the 57400 line to take profit and exit the market, Ethereum gave the 2025-2030 line yesterday to suppress the long-term order exit point, activate the short order at the 2030 line, take profit 1990, the lowest yesterday 1982 On the whole, the profit of Bitcoin is 1800 points for long orders, 600 points for short orders, 45 points for long orders of Ethereum, and 40 points for short orders. (ps: Due to some things in the early morning, there is no update suggestion, so I won’t make a summary here)
The mainstream currencies generally rose in the early morning of yesterday, and hit the highest line of 58,400 this morning. It recovered the decline of the previous few days in one night. After changing the weakness of the market, it returned to above 58,000 again, but it is obviously still in the upward trend channel since the beginning of the year. Below, then our overall operation idea is to focus on the high altitude for the time being, supplemented by falling back and doing long. The short-term support at the bottom is 57600 first-line, the limit support is 56100-56600, the upper part is forced to suppress 60000, and the short-term suppression is 59300-59500.
Ethereum rose again in the early morning of yesterday. After changing the weakness of the previous few days, it returned to the top of the 2000 mark again. The highest line of 2097 was suppressed by the 2100 integer mark. The upper short-term suppression is 2100, and the previous high point of 2150 is forced to be suppressed, and the operation can be treated as a range shock.
Yesterday's mainstream currency white market trend review:
In terms of bitcoin yesterday, the white market gave a strategy of 57800-58000 as the limit suppression. In the short term, it can be used as the suppression position and the multi-order exit point. Yesterday, the white market chased the multi-order above 57000 and succeeded in taking profit at the 58000 line, and then activated Suggestions for empty orders, take profit on the vegas tunnel along the 57400 line to take profit and exit the market, Ethereum gave the 2025-2030 line yesterday to suppress the long-term order exit point, activate the short order at the 2030 line, take profit 1990, the lowest yesterday 1982 On the whole, the profit of Bitcoin is 1800 points for long orders, 600 points for short orders, 45 points for long orders of Ethereum, and 40 points for short orders. (ps: Due to some things in the early morning, there is no update suggestion, so I won’t make a summary here)
Interpretation of Bitcoin trend in white market:
The mainstream currencies generally rose in the early morning of yesterday, and hit the highest line of 58,400 this morning. It recovered the decline of the previous few days in one night. After changing the weakness of the market, it returned to above 58,000 again, but it is obviously still in the upward trend channel since the beginning of the year. Below, then our overall operation idea is to focus on the high altitude for the time being, supplemented by falling back and doing long. The short-term support at the bottom is 57600 first-line, the limit support is 56100-56600, the upper part is forced to suppress 60000, and the short-term suppression is 59300-59500.
Interpretation of the trend of Ethereum in the white market:
Ethereum rose again in the early morning of yesterday. After changing the weakness of the previous few days, it returned to the top of the 2000 mark again. The highest line of 2097 was suppressed by the 2100 integer mark. The upper short-term suppression is 2100, and the previous high point of 2150 is forced to be suppressed, and the operation can be treated as a range shock.
Talk about the fundamentals:
South Korean exchange Upbit suspended deposits and withdrawals of Korean won due to an emergency inspection of Korean won deposit and withdrawal service providers. The premium rate of South Korean Bitcoin fell from 17% to 9%, a drop of 60%. Previously, the price of Upbit bitcoin reached 71,000 US dollars, and the profit margin was huge. When this kind of bad news occurs, there will naturally be panic profit taking. This is a normal phenomenon. When deposits and withdrawals resume, the premium rate will gradually return. Big money and high shipments.
Coinbase’s quarterly report shows that it already has 56 million users and 6.1 million monthly active users. At the peak in early 2018, the monthly active users were 2.8 million. Compared with the population of 300 million in the United States, this data is not surprising. From this point of view Looking at it, we can basically conclude that the future of Bitcoin is really still far away, and it is still too far away from all people speculating on coins.
At the same time, this report also shows Coinbase's financial report, with a total revenue of approximately US$1.8 billion in the first quarter. One week before listing, this data is undoubtedly exciting, so the founder of Grayscale stood up and said that Coinbase has more potential than all financial institutions; the former director of Messari believes that Coinbase will acquire Nasdaq in the next 30 years Or the NYSE. Maybe when Coinbase goes public, it will bring Bitcoin out of the new market. Before that, it is the stage of "shock bottoming".
Fidelity Investments, Square, and Coinbase jointly set up a bitcoin trading group that includes a crypto lobbying group. To put it bluntly, it is an organization where several stakeholders gather together to keep warm and persuade the regulators together. It's a very good thing, at least it's much better to hold a group than to fight alone.
