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6.Market at noon on 30: The range is clear, you can sell high and buy low

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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.

After Bitcoin gained support and rebounded at 8830 US dollars, it reached a maximum of 9236 US dollars. This rebound is still possible, but the K-column entity of the daily volume increase has shrunk, indicating that the upper pressure is gradually increasing. On the daily line, the MFI continues to go down, and the hourly OBV does not show the entry of new funds. This is not a good signal. After all, judging from the several times when the MFI and the price deviate, the direction of the MFI is more accurate.

DASH broke through the $230 mark with an intraday increase of 6.31%: data from Huobi Global shows that DASH rose in the short term and broke through the $230 mark. It is now reported at $230.03, an intraday increase of 6.31%. The market fluctuates greatly, so please do a good job in risk control. [2021/5/20 22:26:40]

The 4-hour MA line continues to go down. Today it is at 9310 US dollars. The selling pressure near this position is worth noting. If you can stand above 9310 in the short term, you still have the opportunity to challenge the supply range of 9491-9537. On the whole, all indicators point to the bearish side. If it can rise again in the short term, the 9491-9537 range is a good hedging point; the lower demand area is 8622-8720 US dollars, which is very suitable for selling high and buying low in the range.

EOS broke through the $6.3 mark, with an intraday increase of 9.44%: data from Huobi Global shows that EOS has risen in the short term, breaking through the $6.3 mark, and is now trading at $6.3013, an intraday increase of 9.44%. The market fluctuates greatly, so please do a good job in risk control. [2021/4/3 19:43:36]

USDT accounts for about 76.35% 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 76.35%; It is the US dollar, accounting for 7.37%; the third is the Japanese yen, accounting for 5.12%; the fourth is USDC, accounting for 2.86%; the fifth is PAX, accounting for 2.44% %. [2020/3/15]

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Author: Niu Qi's Blockchain Analysis Notes

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