Review of last issue
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Index Highlights
The market began to fall continuously on September 2, and the trading volume was also gradually enlarged. In the short term, the market was relatively pessimistic about the direction, resulting in a sell-off. This is also because the early-stage funds are relatively profitable, so there is still a large profit margin in the process of selling. The inertial decline may continue for some time. When the market sentiment index enters the range below 0.5, investors can enter the market on dips.
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Index Highlights
According to the standard consensus market composite index, the latest index is 1,320.15, down 2.02% from last week. Affected by the sharp shock of DeFi digital currencies, ETH led the market down. Although other mainstream digital currencies followed the decline to a certain extent, they gradually stopped falling . BTC has tested the $10,000 mark many times, and it will be confirmed again in the near future, and there is a high probability that it will bottom out and rebound.
According to the standard consensus market sentiment index, the latest index is 0.83, and the market sentiment is stable. The sentiment index gradually fell below 0.5 on September 7, indicating a pessimistic market sentiment. The previous report suggested that the sentiment index below 0.5 can be moderately opened positions. Taking BTC as an example, after September 7th, it rose to a maximum of $10,500, and there is room for a 5% increase. Once the sentiment index shows that the market sentiment is overly pessimistic, you can build a large position.
According to the standard consensus BTC mining income index, in the last 24 hours, the income per T computing power is $0.08, which has been adjusted back, which may affect the mining enthusiasm of miners to a certain extent.
Quantitative competition report (9/4~9/10)
The quantification competition is gradually coming to an end, and the quantification teams are sprinting towards the end. Affected by the sharp correction in the digital currency market, the scores of the quantification teams in the BTC group have declined, but the operation style of high-volume funds is still relatively stable. During the market decline , in a relatively risk-resistant variety.
The style of market trends changes rapidly, and short-cycle operations become more difficult.
Through the comparison of the yield distribution chart, it is found that the USDT group has a low transaction success rate this week, and the number of yield drops in the past 7 days accounted for nearly 75%, while the BTC group performed more evenly, and the number of ups and downs was approximately 5:5. In the short term, the market fluctuates greatly, and the operation becomes more difficult. Market transactions are mainly short-term investments.
The BTC group is still bullish, while the USDT group is bearish, and the two groups have differences in operating strategies.
According to the position opening situation of funds, the direction of opening positions of various quantitative fund products began to diverge, and the judgment of the future market trend appeared alienated, and the bullish position was still the main one.
According to the position opening situation of funds, the direction of opening positions of various quantitative fund products began to diverge, and the judgment of the future market trend appeared alienated, and the bullish position was still the main one.
market trend
Trend review and analysis of BTC and ETH
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According to CoinMarketCap data, the average daily turnover rate of BTC in the past 7 days is 19.35%, which is 8.08% higher than the average daily turnover rate in the past three months, and 7.99% higher than the average daily turnover rate of last week. BTC has repeatedly tested $10,000 and fell below After that, it was withdrawn again, and the exchange of chips fluctuated at the first line of $10,000. When the overall market stabilized above $10,000, BTC will enter the upward attack range again. But currently BTC will still fluctuate around $10,000. After BTC falls below $10,000, you can lighten up a small amount of positions. After breaking through $10,000, you can lighten your positions on rallies. Set a stop loss range. Once BTC falls below $9,500, stop loss.
risk warning:
Be vigilant against illegal financial activities under the banner of blockchain and new technologies. The standard consensus resolutely resists various illegal activities such as illegal fundraising, network pyramid schemes, ICO and various variants, and dissemination of bad information using blockchain.
