9.7 midday market: the price has entered a new shock range.

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.

KuCoin listed POLK, rose 119.76% at the opening: According to KuCoin exchange news, KuCoin has listed the POLK project and supports POLK/USDT and POLK/BTC trading services. The opening price of POLK is 2.73USDT, and the current quotation is 5.99USDT, an increase of 119.76%.

Polkamarkets is a cross-chain DeFi information prediction market. Users can trade and hold positions on a decentralized platform based on the Polkadot ecology for real events that may occur in the future. Known as an "exchange for all", KuCoin aims to discover global high-quality blockchain projects and provide one-stop services such as currency, fiat currency, leverage, contracts, mining pools, and lending to 6 million users from 207 countries. [2021/3/16 18:50:12]

After falling continuously, Bitcoin began to fluctuate around $10,100, and the price fluctuation range began to decrease. Looking at the daily line, the flow of funds continues to decline. It is observed in the market that there are currently small short positions still working hard, but the 9750-10000 range below is a dense defensive area for many armies. The continuous throwing of small empty orders does not have much effect. There is no obvious change in obv, and there is no big money entering the market. The market will still be in a state of shock, and the shock range is 9750-10700 US dollars.

The actual transaction volume on the Bitcoin 24h chain increased by 29.73% month-on-month: Golden Finance News, according to OKLink chain data, the number of active-ethexc addresses on the Bitcoin 24h chain exceeds 1.0541 million, a month-on-month increase of 5.12%; the actual transaction volume on the chain Nearly 640,900 BTC, an increase of 29.73% month-on-month; the number of transactions on the chain exceeded 332,100, an increase of 11.54% month-on-month.

As of 11:00 a.m., the difficulty of the entire BTC network was 17.60T, the computing power of the entire network was 135.82EH/s, a decrease of 4.21EH/s from the previous day, and the number of unconfirmed transactions was about 36,800. [2020/11/25 22:03:10]

The difficulty of Bitcoin mining will increase by 9.76% in 5 days: According to data, the current mining difficulty of the entire Bitcoin network is 2.87T, and there are 5 days and 4 hours left before the next adjustment of computing power, and the difficulty of mining will increase by then 9.76%, about 3.16T. We all know that the difficulty of Bitcoin mining has increased exponentially. The last time the difficulty was adjusted was February 7, an increase of 11.01%. [2018/2/15]

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Author: Niu Qi's Blockchain Analysis Notes

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