9.1 Market at noon: whether the key position can be broken through

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.

ETH fell below the $3,300 mark with an intraday drop of 9.17%: data from Huobi Global shows that ETH fell short-term and fell below the $3,300 mark. It is now at $3,299.44, with an intraday drop of 9.17%. The market fluctuates greatly. Please do a good job in risk control . [2021/5/17 22:10:14]

Bitcoin continues to fluctuate upwards and is currently around $11,900. Looking at the daily line, MFI closed this morning and started to turn its head up. It was observed that funds are pouring in one after another, and OBV is also increasing rapidly. It seems that the important mark of 11,900 US dollars is approaching, and many troops have begun to dispatch troops. At the moment, we should pay close attention to whether we can break through 11,900 US dollars in a large amount. If we can break through in a large amount, the upper target is 12,100 US dollars. However, it is not easy to break through the important structural upper edge at one time. It takes a lot of effort to pay a high price and work hard several times.

CRV broke through the $3.5 mark, with an increase of 9.14% within the day: according to data from Huobi Global, CRV rose in the short term, broke through the $3.5 mark, and is now at $3.5141. [2021/5/12 21:54:59]

Data: Bitcoin’s hash rate once reached 179.19 EH/s, a record high: Quantum Economics analyst Jason Deane tweeted that this morning, Bitcoin’s hash rate once reached 179.19 EH/s, in the current upward trend hit a record high. On-chain analyst Willy Woo shared recent BTC outflow data from exchanges, saying that Bitcoin prices may soon rise. Some 11,754 bitcoins worth $438 million were transferred out of exchanges in just one hour this morning, according to data showing rising corporate interest in bitcoin, driven by MicroStrategy and Michael Saylor. The data also showed that the move was driven by long-term investors accumulating long-unsold positions. (CoinGape) [2021/2/5 19:00:16]

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Author: Niu Qi's Blockchain Analysis Notes

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