Review of last issue

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Index Highlights

Affected by the sharp shocks 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. BTC rose from $10,200 on September 11 to $11,100, an increase of nearly 9%.

Index Highlights

According to the standard consensus market composite index, the latest index is 1,382.41, up 4.47% from last week. After confirming the bottom range for many times, the market as a whole began to enter the rebound range. The platform currency is leading the rise, generally increasing by more than 10%. Gradually back on track.

According to the standard consensus market sentiment index, the latest index is 0.88, indicating that the market sentiment is stable. The sentiment index is slowly declining, but the overall market sentiment is stable, and the prices of various digital currencies are in the process of climbing steadily.

According to the standard consensus BTC mining income index, in the last 24 hours, the income per T of computing power is $0.09. At present, the income of computing power is relatively stable, and the mining situation of miners is still in normal progress.

Quantitative competition report (9/15)

The Standard Consensus Quantitative Contest has officially ended, and all quantitative teams have achieved excellent results. After three months, all quantitative teams performed well in terms of rate of return and drawdown control. Investors are provided with a variety of options to choose the best investment target within the risk range they can bear.

Through the comparison of the yield distribution chart, it is found that the transaction success rate of the BTC group in the past 7 days is low, and it is basically in a state of decline across the board, but the overall decline is limited, which is a small correction. The USDT group performed relatively well, and the number of quantitative funds increased by more than 75%. In the short term, the market fluctuates greatly, and the operation becomes more difficult. Market transactions are mainly short-term investments.

The two groups have divergences in operational strategies, so there is a big gap in terms of income.

According to the maximum retracement data, when the market fluctuates greatly, the overall amplitude exceeds 20%, while the maximum retracement of some fund products is controlled within 10%, which requires stricter overall risk control. The average maximum retracement of the BTC group is 28.7%, and the average maximum retracement of the USDT group is 21.28%. Compared with the BTC group, the risk control threshold is larger and the stop loss position is lower.

The difficulty of market operations has further increased, and individual investors need to pay attention to controlling the stop loss point.

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

market trend

According to CoinMarketCap data, the average daily turnover rate of ETH in the past 7 days is 42.39%, which is 11.38% higher than the average daily turnover rate in the past three months, and 15.04% lower than the average daily turnover rate last week. Affected by the sharp fluctuations of DeFi digital currencies, ETH led the decline of mainstream currencies. There was no significant increase in the past 7 days. In the short term, DeFi projects are still in the shock range, and there are no new hot spots to promote the market. ETH will still be limited by this in the short term. ETH can lighten up positions around $400 until the direction is confirmed.

risk warning:

• Be vigilant against illegal financial activities under the banner of blockchain and new technologies. Standard Consensus resolutely resists the use of blockchain for illegal fundraising, network pyramid schemes, ICO and various variants, and dissemination of bad information.