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6.11 noon market: approaching the risk area, wait and see.

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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.

Bitcoin failed to rush up to $10,000 again in the early morning, and now it has fallen back to around $9,800 and fluctuated, leaving a long upper shadow on the hourly line. Recently, Bitcoin has been frequently going up and down, which is very unfriendly to contract traders. In the near future, it is recommended to do less operation and wait and see.

BTC fell below the $35,000 mark with an intraday drop of 6.14%: According to data from Huobi Global, BTC fell short-term and fell below the $35,000 mark. It is now reported at $34,982.09, with an intraday drop of 6.14%. The market fluctuates greatly. Please do a good job in risk control . [2021/5/20 22:23:20]

On the daily line, the MFI continues to decline, which has continued to deviate from the price; the hourly OBV shows that funds have entered the market quickly and some have left the market quickly. It seems that there is a lot of pressure above 10,000, and funds are more inclined to make short-term profits.

THETA breaks through the $8.8 mark with an intraday increase of 16.19%: OKEx data shows that THETA rose in the short term and broke through the $8.8 mark, and is now at $8.8014, with an intraday increase of 16.19%. [2021/3/19 19:01:22]

On the whole, it is still at a high level at present, and it quickly fell back after rushing above 10,000 several times. Now that it is approaching this position again, the risk is still relatively large. It is recommended to focus on short-term spot goods and less contracts. The upper resistance position is 9950, and the lower key Support $9656.

The price of YEE has risen sharply, with an increase of 16.12% today: According to data from the Huobi trading platform, the latest transaction price of YEE is RMB 0.21, the highest price in 24 hours is RMB 0.29, the lowest price is RMB 0.17, and the 24-hour trading volume is 17239256YEE. An increase of 16.12%. YEE is a blockchain-based cloud communication network and a decentralized social ecosystem. The project will consist of YeeChain, a blockchain that supports fast transactions and efficient storage, YeeStore, a cloud communication network based on YeeChain, and typical applications of YeeCall, YeeWallet, and DApp. Content management platform YeeStore, Yee ecological construction concept and scene are composed of four parts. [2018/1/22]

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Author: Niu Qi's Blockchain Analysis Notes

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6.11 noon market: approaching the risk area, wait and see.

The article is contributed by the blockchain analysis of Niu Qi.

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