On a boring day, if a madman predicts that this market can persist for 1-2 months, the activity of the currency circle will drop sharply, and it is possible to return to the kind of desperate state of 94. It will lead people to die and never believe again. Coin love story.
Unfortunately, things are counterproductive. Markets cannot be as boring as these two days, because the activity of the entire currency circle is still not low. There is a sign of trouble and the market will fluctuate greatly. Therefore, the madman can give everyone the opportunity to continue analyzing the market, otherwise this kind of continuous In a narrow range of turbulence, madman has lost its analytical significance.
Today there is no hot news as a whole. It is nothing more than cobra and Wu Jihan. They are talking about whether or not bitcoin is a centered one on Twitter. The two said that they can't argue about the results. They still have more to do. . The G20 summit will be on the horizon. Whether it's the market or the information surface is quiet and terrible, it seems that a storm is about to sweep the currency circle. In an environment of strong uncertainty, we should learn to wait rationally.
——————————————————————————————————————————————————————————————
Market Analysis
——————————————————————————————————————————————————————————————
BTC:
Daily chart volume has shrunk to the extreme, and three consecutive days of turmoil have moved out of the bottom up, but the continuation of the shock has not re-stopped on the 5th line, just touched the 5th line, according to the 5th line tactics In fact, it should have touched the 5th line to sell.
Combining with the actual situation of the current market, the quantity can shrink, and the triangular area formed by the downward trend of the 5th line and the gradual upward movement of the small platform is about to select the direction. At present, the contest between the long and short sides is relatively balanced. There is no particularly prominent party. Under this circumstance, there is no probability of winning to predict the future direction of the market. Therefore, we do not guess, simply follow the method of the 5th line, since there is no station. Up, there is no need to operate.
As far as the current bulls are concerned, even if they are on the 5th, there is no strong point because the long-range offense is very limited. Even if the upward selection is made, the 8800 area is also a pressure area and it will also be blocked. So whether it's up or down, the madman It is still advisable for everyone to look at the world coldly and wait for the G20 summit of 19,20.
ETH:
Volume has become a line, that is, there is no volume at all, and there are occasional orders are still trading, indicating that the entire trading market has been severely shrinking, a day before the exchange day to earn 10 million fee no longer exists , Ethereum's downturn is a direct reflection of the market status quo, after all, the market value of the second oldest no one traded, how quiet the market is so scary?
BCH:
Two consecutive days of a slight rebound, trading volume and the previous few changes, it can not be judged as a large number of Jiancang behavior, only to determine the support level of the rally.
NEO:
The price of the independent decline has not yet moved, but it is still in the market below the 5th line. Some time ago, the two coins EOS and NEO that were blacked out are still good on the whole. We shouldn’t look at those black-mouthed comments one-sidedly. The negation of these truly operational currencies has resulted in too many and too many media outlets. They are eager to become famous, so they rely on blacks to get traffic. For example, black project parties extortion, some black money circles, and some black media. . These people are shameless and unreasonable. Pressure 78 above.
I have read most of the large market capitalization. These three days have followed a narrow range of fluctuations in Bitcoin. This shows that the linkage effect is still quite obvious. Concerned about the short-term triangle selection of Bitcoin will become a top priority, if you can reload the station again On the daily line, then the 8800 should have the opportunity to touch the pressure, the space is relatively small, the operation value is not.
The cottage yesterday reminded everyone that the market value of ONT is too high not to speculate, today is a big Yinxian, hot money play this will not always pull, after all, the market value is too big, it is difficult to continue to pull up, hot money and banker operation is not the same, the dealer Good at long-term control, such as Litecoin, such as ETC are Changzhuang in there, and some cottage currency, is a wave of hot money operation, cut the leek and ran away. There is nothing to say in other cottages. Basic shocks are the main factors, or they are oversold and rebounded. They do not have very good opportunities. Therefore, such a market should continue to rest in large positions.