5.25 morning market: BTC broke through the pressure level and confirmed the validity of falling below 8800

From the trend of the weekend, we can see that when the market hit 9300 for the second time, the market quickly fell back, and this position has formed a strong pressure level. When it fell back to around 8800, it can be seen that the sudden large amount of intervention can not only have fleeing orders, but also more bargain-hunting orders intervening, but the sustaining power is not strong, and it is difficult to go up just by pushing it to the position of 9,000 US dollars. Above 8800, the long and short forces have been engaged in fierce competition, but overall, the bears have the upper hand. This morning, it fell directly below 8800 and reached below 8700.

MDX breaks through the $3.3 mark with an intraday increase of 5.22%: Huobi Global data shows that MDX has risen in the short term, breaking through the $3.3 mark, and is now at $3.3003, with an intraday increase of 5.22%. The market fluctuates greatly, so please do a good job in risk control. [2021/2/11 19:31:28]

In fact, the weekend time period as a whole runs between 9000-9300, but just last night, the market hit 9000 for the third time and the rebound happened again but failed to last. The information we can get is 1. The current short position has taken the initiative right. 2. The bulls will try to return to 8800 today, but the downward risk is greater, so what we need to confirm is that the break below 8800 is not a false break, and the rebound after breaking below the important support level is generally a routine trend, nothing more than the magnitude size problem. After confirming the validity of the breakout, every rebound is an opportunity for short orders to intervene.

Female participation in the Bitcoin community accounts for 5.27%, and there is a clear trend of gender differentiation: According to Cointelegraph, Coin.dance data shows that as of May 2018, the proportion of male participation in the Bitcoin community was 94.73%, and the proportion of female participation was 5.27%. The article stated that more women participating in the blockchain and digital currency industries will help build a knowledge base in the two industries. [2018/5/14]

The price of ZRX has skyrocketed, with an increase of 45.20% today: According to data from the Binance trading platform, the latest transaction price of ZRX is RMB 12.57, the highest price in 24 hours is RMB 15.23, the lowest price is RMB 7.99, and the 24-hour trading volume is 3003.78 BTC. An increase of 45.20%. ZRX is an open source protocol for decentralized transactions on Ethereum to facilitate trustless and low-friction transactions of Ethereum assets. [2018/1/9]

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Author: Block Gold Digger Misty Rain

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