Analysis of the market: the market is low and the market is rebounding.

BTC

BTC: BTC tested the support of 11,000 knives for two consecutive days and got support. Then it started to oscillate. The lower support was 11,000 knives, the upper pressure was 12,000 knives, and the current price was 11,745 knives. The technical MACD double line runs smoothly downwards. The KDJ three lines form a dead fork near the middle rail. The third line tends to be stable, and the sales volume continues to enlarge, weak, and pay attention to risks.

ETH

ETH: ETH followed the broader market to expand the low position adjustment. After the failure of the 50MA attack yesterday, it continued to run below 50MA today, and the current price is 273.43. After the technical surface MACD fast passivation, it continues to run downwards, the sales volume is enlarged, the KDJ three-line middle rail forms a dead fork, the third line continues to diverge, the short-term market is weak, pay attention to the market trend and control risks.

EOS

EOS: After two days of violent decline, EOS rebounded stronger than BTC and other mainstream currencies. In the early stage, it supported a shock consolidation market around 4.60 knives. The current price is 4.77 knives. The MACD passivation of the technical side continues to be downward, and the KDJ is under the entanglement of the third line. The market situation is uncertain before paying attention to risks.

LTC

LTC: LTC is weak, following the market and mainstream coins in the lower support platform 100 knife position shock consolidation, the price is short-term support at 100MA, currently quoted 103 knives. Technical indicators MACD in the 0-axis passivation continues downward, the amount can be amplified, KDJ three-line lower rail continues to entangle, pay close attention to the market trend, control risk.

The official analysis of the block chain of Baiyi District is for reference only and does not constitute investment advice. Although the accuracy is high, please invest rationally. According to this, the consequences are at your own risk. The Baiyi District Fast Chain does not assume any legal responsibility.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Quote Analysis

Was this article helpful?

93 out of 132 found this helpful

Analysis of the market: the market is low and the market is rebounding.

Was this article helpful?

The volume of transactions using Segwit hit a record high, accounting for more than half of the total trading volume of Bitcoin

The next cleanup object trading platform in the US

Blockchain

Behind Alipay and WeChat Joint "Sniper" Coin: Competition in cryptocurrency stocks

In-depth explanation of Web3 game engine: Origins and development status of racing tracks, as well as network effects.

Hilariously Hot Crypto Drama: FTX and Genesis Global Trading Settle for a Cool $175 Million

Analysis: How does the value chain of the blockchain industry work?

Deep Dive into Uniswap V4: A "Masterpiece" of Decentralized Exchange

Center absence: history, current status and prospects of atomic exchange and decentralized trading platforms