5.Market at noon on 21: Buying power is not strong, and the rebound target is here.

The article is contributed by the blockchain analysis of Niu Qi, the columnist of Jinse Finance and Economics. The remarks only represent his personal views and are only for learning and communication! Golden Disk will not actively provide any transaction guidance, nor will it charge any fees to guide transactions. Readers are requested to carefully screen and beware of being fooled.

BCH fell below the $800 mark with an intraday drop of 15.22%: according to data from Huobi Global, BCH fell short-term and fell below the $800 mark. It is now at $799.98, with an intraday drop of 15.22%. The market fluctuates greatly. Please do a good job in risk control . [2021/4/23 20:50:19]

Bitcoin went up and down several times yesterday near US$9,700. In the end, the bears dominated and fell to US$9,330 in heavy volume. After this wave, there were a lot of people who broke their positions in the market, but to be honest, the decline was not strong. After all, people are still their own problems, and it is a very risky behavior to open a lot of stocks in the supply area.

The spot price difference of bitcoin futures is 15.21% today: Jinse Finance reported that according to peer customer data, the spot price difference of bitcoin annualized period was 15.21% on January 19, an increase of 1.33% from the previous day, and the market sentiment index was "bull market" .

Index reference: >20% extreme bull market; 10%~20% bull market; 5%~10% optimistic; 2%~5% cautiously optimistic; 0~2% cautious; -5%~0 cautiously pessimistic; -10%~- 5% pessimistic; -20%~-10% bear market; <-20%: extreme bear market. [2021/1/19 16:29:42]

It was observed on the daily line that the negative line fell below the cross line of the previous day and rebounded again, but the strength was not strong. The MFI continued to decline, and the buying below was not strong. It is recommended to hedge or sell short orders after the rebound; the hourly OBV has not improved much, and the short-term It is a bit difficult to attack again, and it requires a process of preparation. On the whole, the market rebound space is limited, the upper resistance position is 9650-9700, and the lower support is at 8900 US dollars.

USDT accounts for about 75.29% of Bitcoin transactions: Golden Finance News, according to cryptocompare data, the current Bitcoin transactions are ranked according to the transaction currency, and USDT is ranked first, accounting for 75.29%; ranked second It is the Japanese yen, accounting for 8.15%; the third is the US dollar, accounting for 8.0%; the fourth is the Korean won, accounting for 1.83%; the fifth is the euro, accounting for 1.55% . [2020/6/21]

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Author: Niu Qi's Blockchain Analysis Notes

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