BTC market analysis
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BTC market analysis
Perhaps the biggest news last night was the pre-disclosure of Coinbase’s listing, priced at $250 and valued at $665. Compared with the previous price of more than 330 US dollars, it is nearly 80 US dollars less, which is a discount of about 25%.The United States, which has the best valuation system in the world, finally gave the encryption world a reference for pricing, so we saw BNB drop in response, because as long as the traditional financial market gives a reference, the digital world will follow this reference. Automatic anchoring. Therefore, we saw that BNB’s operation was as fierce as a tiger, and CB’s listing directly fell back.
Since the listing of Coinbase, the entire encryption market, especially the cryptocurrency of the CEX category, will have a basic anchor, and this basic anchor is the stock price of CB.In other words, we will have a reference line for risk assessment in the future, and since then, there will be a deeper correlation between cryptocurrency and traditional capital markets.As long as there is such a reference standard, more investors (Old Money) who need to find a reference will be able to actively enter the market, so
The listing of CB is actually a boost to the entire market
, is a positive effect, so as soon as the news of CB came out, BTC/ETH rose sharply in response, and this is actually the reason.After analyzing the reasons for the rise of BTC and ETH last night, let me take a look at the short-term trend of BTC?Under the good news of CB listing yesterday, BTC shrunk and broke through the previous high, hitting a new high of 63,000.
I think there is no problem with short-term increase in this position. The position for long-term increase is definitely not in this place, but should be around 50,000 that we analyzed before, and it should be around 55,000 that we analyzed before. To increase positions in the long-term, you should wait for the callback and enter the market when the average is the lowest.
ETH market analysis
secondary titleETH market analysisETH is also under the favorable market news,
, A new high is a market sooner or later, but under the stimulus of this kind of positive, the infinite rise has actually not improved the alpha attribute.
Therefore, ETH continues to live on, and has been holding positions. The world of Ethereum has just begun, and a more promising Ethereum world will emerge with the influx of a large amount of funds and talents.
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LTC/EOS/XRP/BCH/ADA market analysis
XRP is 1.8, and the trend chart is only 50% away from the historical high of 2.7. This increase is simply not worth mentioning in the blockchain world. Looking at the recent changes in trading volume, the rise has been heavy, and the fall has not yet The volume has started to increase, but the sideways trading has not yet started, which means that the old money at the bottom made the layout when the news was bad. Then this wave of rise is actually planned by these old money to make up for the missed wave of the bull market.
Therefore, based on the current trend, the old money should not be sold out yet, but they are already being sold, and such a large trading volume can be seen. But it is not clear where it can be pulled, the front height is a reference point, at least.
Then it means that the height space for you to take risks is 50%. The current decline is 1.8-1.4=0.4, which is about 25%, and the profit-loss ratio is 1:2. In this case, the probability of gambling is relatively low. In order to ensure the entire In terms of position management, short-term small positions can participate in this position, and long-term large positions are of average value, and it is not even worth participating in this position.
After analyzing the situation of XRP in detail, let's take a look at the trend space of EOS/BCH/LTC. If the bull market continues, then these old coins should also be pushed up by some old money.Judging from the current highs, only from the perspective of compensatory growth and speculation, EOS/BCH still has a lot of room to leave the previous highs, and the trading volume is not very large, especially EOS, so from the perspective of configuration ideas, if You missed a lot of good quotes, and you don't know how to analyze other projects. Then EOS/BCH can watch and participate, and there should be a supplementary market brought by CB., This is the configuration logic of mining coins, and mining has become a richer activity in blockchain investment.
DOT/KSM market analysis
secondary titleDOT/KSM market analysisThe rise of DOT is driven by BTC/ETH, but there is no alpha attribute, only beta attribute. We analyzed yesterday,
DOT has a very stable structure at this position, and it is a position where you can increase your position
. Therefore, the rise of this position is a very definite trend, but the rise of BTC just happened to promote a wave.
