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Today, Grayscale CEO Michael Sonnenshein tweeted that he will bring you good news the next morning. Some netizens speculate that Grayscale may announce the listing of the AAVE LINK trust. As for the specific good news, let us wait and see tomorrow. I believe the good news will further stimulate the market.
Market Index Analysis Today
According to data from feixiaohao.Com, today’s panic and greed index is 74, which belongs to greed. After a few days of market recovery, the sentiment in the market has also improved significantly. The long-to-short ratio of the entire network today is -3.29%, which is a weak market today. , a considerable number of investors believe that Bitcoin has rebounded in place and will continue to fall, but I think the market may remain in a small state tomorrow, and this state may continue until the panic and greed index is around 80. The USDT premium rate in the market today is still It was -1.08%, and the market funds tended to flow out. In terms of Grayscale Fund, Grayscale Fund is still inactive today. According to today’s news, we need to pay close attention to the good news that Grayscale will release tomorrow. If it is true to set up other cryptocurrency trust funds, quickly enter the market to gain short-term profits Not bad.
Mainstream currency market
BTC
Mainstream currency market
Current Price: $33,093
Risk Factor: Moderate Bullish
After the market opened today, although the price of Bitcoin briefly fell to $31,300, after testing the price at $30,950 below, Bitcoin went all the way up, breaking through $32,500 one after another, and continued to rise to $33,600, the pressure position mentioned yesterday. It is a pity that this price has not been broken, and the current price has pulled back from $33,600 to around $33,093. Therefore, we cannot yet conclude that a rebound at the daily level of Bitcoin has formed. If the price breaks through $33,600 in the short term, it can still be judged that Bitcoin will form a daily-level rebound.
In terms of operation and construction, at the 1-hour level, we can see that the current price of Bitcoin is in the upper channel of the Bollinger Bands, and the trend is relatively strong. If the price can remain above $32,600, the upward channel still exists. At the 4-hour level, $32,600 is also an important point. If it can be maintained, Bitcoin will successfully stand above the MA30 line. On the daily line level, Bitcoin has rebounded partly from the lower end of the Bollinger Bands. If it can successfully break through $33,600, Bitcoin will fully confirm the rebound at the daily line level. After breaking through $33,600, Bitcoin will continue to rise to seek a breakthrough of 34,700 Dollar.
Upper pressure level: $33,600
ETH
First stop loss: $32,500 Second stop loss: $31,200.
Current Price: $1413
Risk Factor: Moderate Bullish
Today's market is like yesterday's analysis, and the daily line has gone out of the state of three consecutive positives. After the market opened today, ETH performed very well. After a short break around $1340, it went up on a massive scale and broke through the previous high in one fell swoop. After reaching a maximum of $1475, it began to take a slow rest. After a pullback from $1475 to $1390, ETH again It began to gradually exert strength, and the current price is around $1413. In terms of operation suggestions, at the 1-hour level, ETH is currently in the upper part of the Bollinger Band, and $1,390 will serve as the main support point. At the 4-hour level, ETH may need a short-term correction, and $1,330 will be the bottom of this round of correction, but a breakthrough After the previous high, the guidance of technical indicators will give way to market sentiment, and the market may continue to rise to a higher point.
First stop loss: $1380 Second stop loss: $1330
Layer2 track
LRC
Layer2 track
Current Price: $0.417 Risk Factor: Moderate Look Long to $0.48
Yesterday we made a suggestion to enter the market at $0.4. Judging from the current trend, we successfully predicted the low price of LRC in the short term, and the current cumulative gain is 13%. In terms of operational suggestions, the next step for LRC is to hit the $0.48 pressure level. If it can successfully break through, the next pressure level will be around $0.51.
OMG
Upper pressure level: $0.48 First stop loss level: $0.435
Current Price: $3.8 Risk Factor: Medium
Upper pressure level: $3.88 First stop loss level: $3.55 Second stop loss level: $3.3.
Polkadot series
KSM, as the bellwether of Russian DOT, performed relatively sluggish today, and the large number of DOT unlocked afterwards also made the main players of DOT a little nervous. I don’t know how to choose these unlocked DOTs. I believe the market will give us the answer in a few days.
DOT
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KSM
Current price: $18.35. Upper pressure level: $19.1 First stop loss level: $17.7 Second stop loss level: $17
Current price: $103.6. Upper pressure level: $108
