1. Today's market overview
1. Today's market overview
At the news level, Apple CEO Cook opposed the establishment of Apple’s cryptocurrency; U.S. lawmakers suggested that the Federal Reserve consider creating a national digital currency; In terms of market sentiment, according to the statistics of Alternative.me, today's market sentiment is panic, with a panic and greed index of 30, and the degree of panic has increased compared to the previous few days.
2. Distribution of currency rise and fall
Among the top 100 currencies by market capitalization today, the overall market is still weak today. Most currencies have a small decline, and the biggest decline is also controlled within 10%. The biggest increase today is CENNZ, with a single-day increase of up to 50%. CENNZ has fallen by nearly 90% from the middle of last year to today, and the price until today is only about 10% of the highest point.
3. Stablecoin Analysis
Note: The USDT on-market discount and premium index is converted based on BTC/USD, BTC/USDT, USDT/USD and other trading pairs in multiple exchanges. It is the percentage ratio between USDT and USD, reflecting the trader's preference for USDT degree. The USDT off-exchange premium index is calculated based on the off-exchange price of USDT and the offshore RMB exchange rate. It is the percentage ratio between USDT and USD, reflecting the degree of crowding of funds entering and exiting the token market. When the index is 100, it means USDT parity, when the index is greater than 100, it means USDT premium, and if it is less than 100, it means USDT discount.Note: The USDT on-market discount and premium index is converted based on BTC/USD, BTC/USDT, USDT/USD and other trading pairs in multiple exchanges. It is the percentage ratio between USDT and USD, reflecting the trader's preference for USDT degree. The USDT off-exchange premium index is calculated based on the off-exchange price of USDT and the offshore RMB exchange rate. It is the percentage ratio between USDT and USD, reflecting the degree of crowding of funds entering and exiting the token market. When the index is 100, it means USDT parity, when the index is greater than 100, it means USDT premium, and if it is less than 100, it means USDT discount.
4. Technical Analysis
5 minutes
5 minutes
30 minutes
30 minutes
[BTC] After a slight rebound, BTC has remained in a weak box, and there is no signal for incremental funds to enter the market, indicating that the recognition of the current point is not high. Now analyze directly from the 30-minute level trend, the overall rebound trend has always been suppressed around 8400, and there is no breakthrough after several shocks, but the chips in the field are playing by themselves, so the strength and space will be quite limited. Combined with the small level for 5 minutes, there are signs of divergence in the decline of 8388-8052, that is, a small rebound can be expected in the short term. From the current point of view, the energy is very weak, and the rebound height will not be very high. It should be near 8150. If you don't touch it, the strength of the decline will be very strong.
In summary, although BTC has rebounded, the overall downward trend has not yet shown an end signal, and the trend is still dominated by bears. The operation suggests that the rebound is not strong, mainly operate at high altitude around 8160, with a stop loss of 80 knives.
LTC: Wright's consolidation level has been expanding. The longer the time, the more unfavorable it is for the bulls. The market outlook will continue to look at the callback. The operation suggests that the rebound around 57 is not strong, mainly short-selling, stop loss at 59.
ETH: The trend of ETH is slightly stronger than that of BTC. The trend is still oscillating in the box, and the center of gravity begins to sink slowly. The operation suggests that shorting is mainly around 176, and the stop loss is 178.
EOS: Grapefruit’s long-term strength has been significantly consumed, and the short-term rebound is the most, and the upward space is gradually compressed. The operation suggests short-term short-term trading around 2.95, with a stop loss of 3.0.
