QKL123 Quote Analysis | The bullet has been uploaded, and then the sucker is raised? (0731)

Abstract: The number of coins destroyed in the BTC chain on the previous day exploded, and the giant whales were extremely frequent. The large-value transfer was strongly associated with the bitcoin storage service provider xapo, and the market was more likely to be in the market. Recently, the willingness of the BTC to attack is not strong, and the possibility of exploring the $9000 is increasing. In operation, pay attention to avoiding risks, and pay attention to possible chances of dip.

According to QKL123 statistics, on July 31, 2019, the total market value of the global Token market was 1,865.481 billion yuan, the total market value of 24 hours increased or decreased by +2.36%, the total turnover of 24 hours was 314.783 billion yuan, and the total turnover of 24 hours changed + 0.12%, 24-hour market activity increased slightly. The market value of BTC accounted for 64.09%, a slight increase from yesterday (63.98%), and the market risk aversion is still high.

At 12 o'clock, the top ten encrypted assets in the market value (excluding USDT), BCH has the largest increase in 24 hours (+7.62%), EOS has the smallest increase in 24 hours (+0.69%); BTC has risen -1.79% in 24 hours, ETH 24 hours Up and down +1.53%. The USDT rose by -0.22% for 24 hours, with a 24-hour turnover rate of 1.78%, and a slight decrease in 24-hour off-exchange capital inflows.

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The Babbitt Composite Index 8BTCCI reported 14265.65 points, up 24 hours to +2.21%; alternative.me sentiment index was 31, slightly higher than yesterday (22), but the market performance changed from extreme fear to fear. Today's Bitcoin's Google search trend is slightly lower than yesterday, lower than the average of the past seven days.

Analyst's point of view: The number of days of destruction in the BTC chain on the previous day broke the day, which means that the possibility of selling in the near future is higher. In the short term, the possibility of BTC's exploration of $9000 is increasing, but the downside is not large. In recent operations, pay attention to avoiding risks, but also pay attention to grasp the opportunity of bottom-hunting.

First, the spot BTC market

24H highest: ¥67398.05 24H minimum: ¥66770.53

At present, the willingness of the BTC multi-military to continue to attack is not strong. The BTC big transfer of the previous day may have an impact on the market. It is possible to continue to explore the $9,000 in recent days. If it fails to effectively break through the $10,000, it should appropriately avoid the risk of selling. If there is a chance to rebound and rebound.

From the history of BTC currency destruction, it has a growing trend, which may be related to the increase in the number of bitcoins and the increase in time span. The number of BTC coins destroyed the day before yesterday (262 million) was the amount released since the mine disaster at the end of last year, indicating that the action of the over-the-counter whales is extremely frequent, because the release of this time is not near the peak of the market. Sexually large. The number of coins destroyed today is 6,147,400, which is a historically normal value.

Fund face

As of 14:06, BTC's net capital inflow today was 40,286,330 yuan. Among them, the large inflow (more than or equal to 1 million yuan) net inflow of 3,323.07 million yuan, the large single (between 300,000 yuan and 1 million yuan) net inflow of 162.4268 million yuan, in the single (between 50,000 and 300,000 yuan) net Inflow of 226,749,000 yuan, small single (less than 50,000 yuan) net outflow – 18,869,100 yuan. The willingness to open positions in the market has increased, mainly in the single order of large orders.

2. Fundamentals

Next block reward halved countdown estimate: 272 days

At present, the BTC's total network computing power is 70.10EH/s, which is slightly lower than yesterday (70.38EH/s), close to the historical high point, and the long-term upward trend has not changed. Yesterday, the number of active addresses on the BTC chain was 736,600, which was a rebound from the previous few days, close to the average of six months.

Second, the spot ETH market

24H highest: ¥1480.36 24H minimum: ¥1458.80

Today, ETH followed the BTC's small upward movement and continued to adjust for shocks for a short time. The ETH/BTC trading pair is still running around 0.022 BTC. After the BTC stabilizes, ETH is likely to be relatively strong.

Fund face

As of 14:04, ETH's net capital inflow today was 1,101,017,700 yuan. Among them, the large outflow (greater than or equal to 1 million yuan) net outflow was 20,734,500 yuan, the large single (between 300,000 yuan and 1 million yuan) net outflow was 2,452,200 yuan, and the medium single (between 50,000 and 300,000 yuan) net The inflow of 10,353.70 million yuan, the small single (less than 50,000 yuan) net inflow of 24,843,300 yuan. The divergence of the market has diminished, mainly in the middle of the single position.

2. Fundamentals

Observing the Midu statistics, the overall activity of the 24-hour ETH DApp was slightly reduced. Among them, the pledge of DAI's 24-hour total flow (5,877 ETH) increased or decreased by -6.56% compared with yesterday, the trading platform IDEX's 24-hour total flow (2,168 ETH) increased or decreased by -1.02% compared with yesterday; the game encryption hero's 24-hour active user The number (2,630) increased or decreased by +0.23% compared with yesterday; the number of 24-hour transactions (971) of the stable currency Paxos Standard increased or decreased by -1.52% compared with yesterday.

Third, the spot LTC market

24H highest: ¥640.14 24H minimum: ¥630.13

LTC continues to fluctuate around $90, linking BTC. The LTC/BTC transaction fluctuated around 0.0094 BTC, and it was up in a short period of time, but the amount was insufficient.

Fund face

As of 14:17, the net outflow of LTC funds today was 58.084 million yuan. Among them, the large inflow (more than or equal to 1 million yuan) net inflow of 15.819 million yuan, the large single (between 300,000 yuan and 1 million yuan) net outflow of 10.9988 million yuan, in the middle (between 50,000 and 300,000 yuan) net The inflow of 4,766,600 yuan, the small outflow (less than 50,000 yuan) net outflow of 67,652,100 yuan. There is a big divergence in the market, and it is still dominated by small orders.

2. Fundamentals

Next block reward halved countdown estimate: 5 days

At present, LTC's total network computing power is 446.07 TH/s, which is slightly higher than yesterday (440.44 TH/s), close to the historical high point, and the long-term upward trend has not changed. Yesterday, the number of active addresses on the LTC chain was 78,900, an increase from the previous day (7.45 million), but still below the two-month average. Yesterday, the number of LTC coins destroyed (843.23, historically small value), significantly smaller than the previous day (117.382 million), the recent LTC linkage BTC, yesterday's daily amount of currency destruction is likely to cause selling pressure on the price in recent days, pay attention to avoidance risk.

Fourth, the spot EOS market

24H highest: ¥29.78 24H minimum: ¥29.56

EOS linkage BTC slightly increased, continuing the fishtail market. At present, the EOS/BTC trading pair oscillated around 0.00043, and it gained support for a short time, but it has a slow downward trend.

Fund face

As of 14:16, EOS's net outflow of funds today was 66,983,100 yuan. Among them, the large outflow (greater than or equal to 1 million yuan) net outflow of 26.5631 million yuan, the large single (between 300,000 yuan and 1 million yuan) net outflow of 34.709 million yuan, in the middle (between 50,000 and 300,000 yuan) net The outflow was 7,835,700 yuan, and the net inflow of small orders (below 50,000 yuan) was 1,675,500 yuan. The market is less divergent, with most of the large orders being lightened.

2. Fundamentals

Looking at the Midu statistics, the overall activity of the 24-hour EOS DApp increased slightly. Among them, the number of 24-hour active users of entertainment games Texas Hold'em (1,248) increased or decreased by +0.48% compared with yesterday; the 24-hour total flow of trading platform DEXEOS (103,103 EOS) increased or decreased by +0.24% compared with yesterday.

V. Analyst strategy

1. Long line (1-3 years)

Although overall, BTC is in the short-term partial adjustment stage, the mad cow market may come in the next one to two years, but yesterday's daily volume of currency destruction may be in the near future, and it is mainly based on wait and see. High lighten up and oversold. The smart contract platform ETH 2.0 project is in the process of advancement and is expected to step out of the independent market in the future. The BTC trading pair of the LTC and DPoS leading EOS of the altcoin is also at a low level during the year. However, the current BTC is mainly based on wait and see, and can reduce the position and oversold the position.

2. Midline (1-3 months)

The short-term shock adjustment situation has not been destroyed. Recently, the market has the possibility of sucking up the market. It is mainly based on wait and see, and can reduce the position and oversold the position.

3. Short-term (1-3 days)

Short-term BTC downside risks increase, but the downside is limited, mainly to wait and see, can be lighten up and oversold and oversold. The BTC resistance is $10,000 and the support is $9,000. The ETH, LTC and EOS amplitudes are relatively large, depending on the direction of the BTC.

Note: Encrypted assets are high-risk assets. This document is for decision-making purposes only and does not constitute investment advice.

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