Industry information

On June 3, Steemit officially announced that the blockchain streaming platform DLive has returned to its platform. DLive was acquired by BitTorrent in December 2019 and moved to the TRON network. The Steemit blog platform was also acquired by Justin Sun in December 2019, after which the original Steem community initiated a hard fork to establish the Hive blockchain.

Market review

After the bitcoin price rose from around 9550 to a high of 10299 yesterday morning, the price remained oscillating around 10100. At 22 o'clock in the evening, it began to flow down like a torrent, reaching a minimum of 9300, and then hovering around 9500.

market analysis

Looking at the 4-hour chart, after the price went up and down yesterday, the indicators are currently showing the need for repair and consolidation, and the price is expected to fluctuate in the short term. The trend of the Bollinger Bands is also a flat posture at present, and the price is currently running in the downward channel of the Bollinger Bands. In terms of intraday operations, it is recommended to treat it with a range-bound trend, focusing on the suppression of the 9700-9800 position at the top, and the support at the 9420-9300 position at the bottom. The operation suggestion reminds everyone not to blindly chase more, and short-term operations are mainly low and more. Friends who are trapped in the operation can try (VX: lht159258357) to help.

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