8.23 evening market: how will the market go after an oversold rebound.

The article is contributed by Biquan Beiming, the columnist of Jinse Finance and Economics, and his remarks only represent his personal views, and are only for learning and exchange! 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 the market experienced an oversold rebound, it was consistent with the prediction. Today, the price rose to near the 5-day moving average and was blocked and fell back. At present, the 5-day moving average and the 10-day moving average of btc and mainstream currencies show a death cross, and the 5-day moving average is suppressed downward. There is a high probability that the market will fall into a narrow range of consolidation with low volatility.

EOS fell below the $7.5 mark with an intraday drop of 18.22%: according to data from Huobi Global, EOS fell short-term and fell below the $7.5 mark, and is now at $7.4998, with an intraday drop of 18.22%. The market fluctuates greatly, please do a good job of risk control . [2021/5/19 22:18:55]

In terms of operation, it is recommended to cash in the midline chips, which will take a certain amount of time to repair; for short-term bulls, pay attention to the negative deviation trend caused by the sharp drop, and wait for the opportunity to enter the market again; there are not many opportunities for mainstream currencies in the near future, and short-term is more suitable The strong small currency that has been shown in the linked btc rhythm operation is mainly fast in and fast out. Those who are stable are advised to watch more and move less. The short-term pressure level of BTC is 11650-11700, and the short-term support level is 11400-11450.

DOGE broke through the $0.3 mark and fell 18.25% within the day: Ouyi OKEx data shows that DOGE rose in the short term and broke through the $0.3 mark. It is now reported at $0.300029, with an intraday drop of 18.25%. The market fluctuates greatly, so please do a good job in risk control. [2021/4/18 20:31:45]

ADA fell below the $0.94 mark with an intraday increase of 8.22%: data from Huobi Global shows that ADA fell short-term and fell below the $0.94 mark. It is now at $0.939945, with an intraday increase of 8.22%. The market fluctuates greatly, please do a good job in risk control . [2021/2/18 17:27:40]

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Author: Biquan Beiming

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Blockchain