The short-term adjustment has a high probability of continuing, wait for "break and then build"

The nature of each level: daily line - up, 4 hours - consolidation (more pattern), 1 hour - down

The screenshot is from the 2-hour chart of OKEX BTC/USDT perpetual contract: For the market, there are two angles, one is the objective trend status and the coping strategies formulated according to the objective trend, and the other is the subjective prediction based on experience . Actual trading is mainly based on coping strategies under objective trends. Subjective forecasting is more of a prospect or entertainment for future development. It cannot be used directly as a trading strategy. The main purpose is to prepare psychologically for potential risks and opportunities in advance .

Analysis | The market may wait and see in the short term, and continue to consolidate over the weekend: According to Bgain investment research data: from 18:00 on October 31st to 18:00 on November 1st, Beijing time, the price of BTC rose by 0.8%, and the BTC standard enhancement index combined with quantitative transactions was horizontal Waiting for opportunities in the market, among which the Bgain trading index fell 0.01%, the CTA index rose 0.2%, and the hedge trading index rose 0.02%. As of 18:00, the long-short ratio of OKEX elite users was 52%/48%, the long-short ratio of Huobi elite users was 54%/44%, the long-short margin ratio of Bitfinex was 84%/16%, and the long-short position of BitMEX With a ratio of 60%/40%, the bulls are starting to regain the upper hand. The currency price fluctuated by more than 5% within 24 hours, experienced a wave of highs and lows, and hovered at 9100 points. Combined with the major and small exchanges that have experienced accidents this week, the market may wait and see in the short term, and continue to consolidate on weekends. Next week, beware of sudden negative policies. [2019/11/1]

The current objective trend and coping strategies: One day has passed, the price fluctuation range is quite limited, basically in a stagnant state, and the nature of the trend at all levels has not changed. The mid-term situation is still a very clear long-term pattern, and the long-short dividing line remains unchanged at 10670. The short-term trend continues to maintain a bearish pattern, and the characteristics of the downward shift of the high point have not been destroyed. At present, it is showing obvious resistance at the 11900 line.

Analysis | BTC's long-term upward structure is intact, and short-term retracement may be to accumulate strength: According to Huobi's market, BTC's current price is 11,502 US dollars, an intraday drop of 6.96%.

In view of the current trend, analyst Potter said that in terms of the overall trend, the BTC daily line is still running in the long-term upward channel since February 2019. At present, BTC has crossed the middle rail support line of the channel, and the daily MACD will choose again when it is about to cross. Deviating downwards, the daily line level shows signs of currency price weakening again. Now BTC has fallen in heavy volume for two consecutive days. It needs to pull back to test the support of the middle track before it can go down again. Moreover, the daily line RSI is relatively close to the key horizontal support line below, while the previous period Every time the currency price is touched, there is a trend of stopping the fall and rebounding. The key neckline support of the M-top on the lower daily line is 10,800 US dollars. In the future, only when the volume falls below BTC will the downward trend start again, and the upper resistance is 12,000 US dollars. [2019/7/11]

In the next two days, it is enough to continue to focus on the short-term strength and weakness dividing line of the 11900 line. Before there is a clear breakthrough, it is not recommended to rush to follow up and do more. Judging from the current volume-price coordination situation, there has been no increase in trading volume for a long time in the rebound market, and it continues to shrink. The short side still occupies a relatively low position. Investors with short orders in their hands may consider setting the stop loss at 11950 Some of the above continue to hold, and the potential profit target focuses on the 11200-11400 area.

Analysis | ETH is expected to break through $150 in the short term: According to the analysis of the newbtc analysis article, although ETH fluctuates in the short term, it is very likely to break through the resistance level of $150. At present, ETH has formed a bullish trend line on the hourly line, and the support of this line is around $143, and MACD has also given a positive signal. As long as ETH can maintain the support above $140, it is expected to break through $150 in the near future. [2019/2/22]

For investors who are ready to buy on dips, if the trend continues to decline as expected, then focus on the performance of the currency price when it falls to the 11200-11400 area. If there is an obvious stop signal in the 1-hour chart (long lower shadow, Venus, bottom divergence, etc.) may consider intervening.

Subjective expectations (for entertainment only): It is estimated that in the next two days, the currency price will continue to consolidate slightly in the range of 11650-11900, and then run downward after the consolidation, and will stop falling and rebound in the range of 11200-11400. The segment is not used as a trading strategy reference.

Shuai Chu: There may be bubbles in blockchain technology in the short term, and the long-term value is underestimated: Shuai Chu, the founder of Quantum Chain, believes that blockchain technology is not a bubble, and is moving towards the direction of creating convenience for human life. There may be bubbles in the short term, but In the long run, it is still underestimated. [2018/3/19]

Resistance and support

Resistance: 11900--12080--12300

Support: 11650--11480--11200

The nature of each level: daily line - rising, 4 hours - rising, 1 hour - falling

Screenshot from OKEX ETH/USDT perpetual contract 2-hour chart: current objective trend and coping strategies: ETH trend follows BTC, basically the same in structure, the meaning of the 416 line is the same as that of BTC11900, and both serve as a short-term boundary between strength and weakness .

In the next two days, we will continue to focus on the first-line resistance of 416, and do not rush to buy before it is clearly broken, especially in the way of chasing up. From the perspective of the short-term structure, there are further adjustment expectations, but the intensity of this expectation has decreased compared with yesterday. For the lower support, you can first pay attention to the 399 line. If there is an obvious signal of stabilization and stabilization, you can consider buying in advance. Otherwise, pay attention to the buying opportunity in the 385 area, that is, the upward trend line in the figure.

Subjective expectations (for entertainment only): It is estimated that the currency price will fluctuate and decline in the next two days, and it will stop falling and rebound after approaching 385-387. This paragraph is not intended as a trading strategy reference.

Resistance: 416--430--442

Support: 399--392--385

The nature of each level: daily line - rising, 4 hours - rising, 1 hour - consolidation

The screenshot is from OKEX EOS/USDT perpetual contract 2-hour chart: current objective trend and coping strategies: EOS has a short-term pulse rise at noon, this kind of fluctuation is very in line with the style of EOS, and occasionally there will be violent fluctuations without warning, so there is no need to overdo it read.

This rebound was significantly hindered by the 3.6 line of the long-short boundary a few days ago, and it is currently stagflation and falling. Combining the overall market trend (short-term bearish pattern has not been destroyed) and the volume and price of EOS itself (although the increase is heavy, it is still shrinking compared to the previous period and is not sustainable). The current rebound market is difficult to continue, and the short-term trend is still promising. May weaken again.

However, it is necessary to significantly reduce the expectation of further falling space. Yesterday’s 3.25 first-line support level is the strong support in the later stage, and the probability of breaking it is small, so when the price is close to this price, it may be a good opportunity to buy at a low price.

Subjective expectations (for entertainment only): It is estimated that the currency price will fluctuate and go down in the short term, and it is expected to stop falling and rebound in the 3.33-3.38 area. This paragraph is not intended as a trading strategy reference.

Resistance: 3.60--3.75--3.90

Support: 3.46--3.38--3.33

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