- Daily Analysis
The importance of $30,000 speaks for itself!
Some of the hedge fund industry’s most prominent figures are delving into the cryptocurrency space. Billionaire George Soros’ family office has begun trading bitcoin, according to people familiar with the matter. Soros is famous for shorting, and his methods are basically the same, i.e., accumulating ammunition first, then building momentum or making the price of the target asset plummet through market manipulation, and subsequently taking profits by selling short or bottoming out, by means of, for example, shorting individual stocks, shorting stock index futures, shorting currencies, etc. It could really be a catastrophe if Soros enters the market shorting bitcoin, because he really is an air force chief.
Bitcoin has been too weak lately as Hana said, it’s just bouncing not reversing. Back to today’s session, bitcoin picked up three consecutive negatives after three consecutive positives, putting all of the high chasers on top. At the moment, the four-hour trend may have to paint the door, the trend is still relatively dangerous, bitcoin has also lost the 5-day SMA support, back to the Bollinger band below the middle rail, the indicators also show that the current market is relatively weak, not a good time to participate. The bitcoin still has room for a pullback, and it is recommended to continue to hold bottom positions and wait and see, don’t be impulsive, in case you get buried, you’ll be miserable. Support level: 32000, pressure level 34500.
eth was brought down by the broader market, but this month is good, the pullback is the opportunity to layout, flower brother that good before landing can be a small drop small buy, big drop big buy. Support at 1950, pressure at 2150.
bch trend is very weak, and now lost the 5 day average support, the trend is even weaker, indicators are not supporting bullish, Hana suggested to continue to hold the bottom position it. Support level 450, pressure level 505.
bsv As long as you do not catch up, everything is fine. Those who want to cover their positions can buy low in the 110-130 range. Support level 130, pressure level 155.
ltc negative reversal, but also lost the 5-day SMA support, short term risk of continued pullback, Hua does not recommend this time to kill in, wait and see. Support level 125, pressure level 140.
The link is suppressed by the Bollinger band, the flower brother thinks that if the volume does not break through, the link will not have too good a market in the short term, in the coin price near the $15 when you can consider low suction, falling below the stop loss is finished. Support level 16.5, pressure level: 18.5.
ada remember Hana’s principle, do not operate without the 120-day SMA in the near future, hold the bottom position and wait. Support level 1.25, pressure level: 1.35.
xrp long does not put the volume, the short also did not put the volume, a short time does not have a big rise and fall, especially does not have the conditions of a big rise, continue to wait and see it. Support level 0.60, pressure level 0.67.
zec is under pressure from the 30-day SMA retracement, and fell below the 5-day SMA support. Short-term Hua recommends rebounding to reduce positions, control the position and wait for the opportunity to bottom out. Support level 105, pressure level 125.
xtz more than no release, four-hour macd formed top divergence, short-term risk of continued pullback, it is recommended to wait and see. Support level 2.6, pressure level: 3.0.
dot trend is very weak, the only point where you can refer to the operation is $13. Short-term you can suck low when the coin price is close to 13 and drop below the stop loss. Support level: 14.0, pressure level: 15.5.
uni more or less volume are general, probably probable continue to oscillate in the 15.5-18.5 range, short term own high throw low suction. Support level: 16.0, pressure level: 18.2.
sushi lost the 5-day SMA and 10-day SMA support, it is recommended that the rebound to reduce positions, four-hour trend is short, a short time Hua does not recommend killing in, wait and see. Support level 6.5, pressure level 7.5.
The key note: flower analysis of trends are valid for 24 hours, suitable for short-term traders. If you’re a Buddhist coin holder, you can ignore the short-term trend and take a year, making money is probable.
2、Daily Coin News
Daily hot news interpretation
For the first time, Musk’s tweet had no impact on dogcoin. The billionaire had earlier tweeted about dogcoin. But this time, dogcoin didn’t react accordingly. Not only that, but the price of dogcoin has been slightly negative since Musk’s tweet yesterday. Musk has been known to bring the digital currency on Twitter, where he has single-handedly pushed up the price of dogcoin by more than 20,000%. The price of dogcoin basically skyrocketed minutes after each of his previous dogcoin-related tweets, but this time Musk’s tweet didn’t change the price of dogcoin. Musk tweeted “let the dogs go” but the coin did not fluctuate.
Now, Musk’s latest tweet seems to have had a minimal, if any, negative impact on the market, perhaps because the market is not ready for the next bull market, or perhaps investors have finally realized that one person’s tweet should not be a factor in determining whether they buy or sell crypto assets. As for the impact of Musk’s remarks on the cryptocurrency circle, it is actually not as big as one would think. What is really affected is the group of fans who follow Musk’s shouted orders. They have paid a heavy price for believing in Musk and his bullish projects.
There is a saying that is true, one cannot earn money outside of perception. Musk is involved in cryptocurrencies and calling out orders because he knows that with his influence he is able to have an impact on the cryptocurrency community; and he is selling cryptocurrencies because he knows he has gotten the results of the experiments he wants. But the unknown followers are falling a little bit in the beauty dream. He has lost a lot of influence down the stormy days of the cryptocurrency world. At the very beginning, one of his tweets would bring tens of thousands of points floating, but now, even if he is more theatrical, it is slowly becoming a thousand points floating up and down. People are used to his theatrics, so he is slowly losing his influence as well. But for investors, this may be a good thing.
Follow the trend, be a trend follower
Today a small retracement, or before the position temporarily did not operate, and so eth again down a wave will buy some more in batches, other coins temporarily did not operate, we see you tomorrow!
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/is-the-head-of-the-air-force-entering-the-bitcoin-market-to-short-bitcoin/
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