Looking back at yesterday's firm bullish outlook, it also achieved good performance at midnight. The price of the currency was pulled up again, and then it fell under pressure, and then bottomed out and rebounded. This state was repeated continuously. At present, the high point of the big cake is around 62400, and the high point of the ether is around 3430.
Yitai has also been drawing the door recently, and a V-shaped reversal has occurred, pulling the situation back on track from the kong. From the continuous increase in volume on the four-hour line, there is still a certain strength of the duo head!
From the daily line, the kong head is about to shrink, so there will be a certain upward rush today. From the intraday point of view, it is still bullish! The subsequent adjustment will be made according to the trend of Hangqing!
Today's operation ideas:
Big cake is more around 61700-61400, looking above 63000 Ether can be synchronized
10X Research, an encryption research institution, published an article stating that Bitcoin is currently severely oversold: After some altcoins experienced fluctuations, KOLs suggested that fans buy on dips, and the greed and fear index is close to the lowest level, which is usually associated with low prices!
There are many reasons for the Bitcoin sell-off: Mt.Gox's Bitcoin distribution (estimated value of $9 billion, from (July) German government selling $3 billion of confiscated Bitcoin!
Assuming a total of $16-18 billion - similar to Bitcoin ETF inflows so far this year. Previous insider trading signals provided multiple signals to sell Bitcoin!
While many claim the recent drop is due to Mt.Gox's fud (and other factors mentioned above), there are structural factors that will cause a deeper drop before a possible rebound from lower levels!
Silk Road, June 25th morning: Yesterday, the overall Bitcoin market was in a weak and volatile downward state. The intraday price of the currency reached the lowest level of 58,200 to stop the decline and rebound. The current situation is stable around 60,200!
From the 4-hour point of view, the K-line closed a solid positive hammer line, running on the lower track of the Bollinger band, KDJ has formed a golden cross, MACD 箜投 kinetic energy gradually weakened and played a multi-箜 game with long investment, and other technical indicators are 箜. In a weak situation, the rebound is limited, so in the later operation, we can keep the high-level 箜 idea unchanged
CoinShares' latest weekly report shows that the total outflow of digital asset investment products last week reached $584 million, a decrease of $1.2 billion!
Bitcoin gold outflows reached $630 million, but recent negative sentiment has not led investors to increase short positions!
Inflows into multi-asset products reached $98 million, indicating that investors see weakness in the altcoin market as a buying opportunity!
Last week, global ETP trading volume also hit its lowest level since the launch of US ETFs in January, with trading volume for the week reaching only $6.9 billion!
No one can study the fundamentals thoroughly. Price is the main contradiction. All fundamental factors will eventually be reflected in the market in the form of price!
Because the trading volume will not lie, the continuous trend accumulated by the trading volume is the form!
It is the main external manifestation of price concentration and dispersion!
And behind the price is the activity track of human nature. When these tracks become traceable, that is the law!
In the morning, the BTC cycle showed a double-needle bottoming pattern, but failed to form effective support. The current price has fallen back below the 63,000 mark. According to the liquidation chart data, there have been a large number of long orders liquidated in the last 4 hours. Among them, the concentrated liquidation price is 63,109, and there are a total of 1.27 million US dollars of long orders liquidated at this point.
At present, BTC has not yet shown a clear stop-loss signal, and there are dense large-scale buy orders below the current price. It is recommended to look for bottom-picking opportunities based on the main transaction situation. The upper pressure is 64,400 and the lower support is 61,800.
It is worth noting that at 19:29 last night, AICoin reminded that the main force had a net sale of more than 250 million US dollars over the weekend, which was bearish. As of press time, the main password has made a profit of 2.19%. The market fluctuates greatly, please pay attention to risk control, the data is for viewing only
The essence of success is not temporary gains and losses, but long-term persistence in doing the right thing. This includes effective Zhisun strategies, light operations, and staying on the sidelines in unclear or unsuitable sailing conditions.
Understand that every lesson is part of the market, and market fluctuations are normal, so that you can stay calm and continue to execute the pre-set lesson plan. Focus on following your own trading principles and strategies.
The essence of the persimmon market is driven by human emotions and behaviors. Understanding this is crucial to success. You need to learn to take advantage of the emotional fluctuations of the persimmon market, while avoiding being affected by the short-term fluctuations of the persimmon market, and maintain a long-term perspective and strategy #币安合约锦标赛 #CryptoTradingGuide #币安上线ZK #币安用户数突破2亿 #meme板块关注热点
The relationship between loss and the increase required to recover the principal is as follows:
A loss of 10% requires an increase of 11.11% to recover the principal
A loss of 20% requires an increase of 25% to recover the principal
A loss of 30% requires an increase of 42.86% to recover the principal
A loss of 40% requires an increase of 66.67% to recover the principal
A loss of 50% requires an increase of 100%, that is, doubled, to recover the principal
A loss of 60% requires an increase of 166.67% to recover the principal
A loss of 70% requires an increase of 233.33% to recover the principal
A loss of 80% requires an increase of 400% to recover the principal
This data clearly tells us that as the loss ratio increases, the required increase in order to return to the initial investment level will also rise sharply.
Therefore, in the investment process, the importance of protecting the principal is self-evident.
Investors should always put risk control first and reduce risks and ensure the safety of principal through reasonable asset allocation, diversified investment, regular evaluation and adjustment of strategies.
Calm analysis, rational decision-making: In the stock market, emotional decisions often lead to mistakes.
Therefore, calm analysis and rational decision-making have become the necessary mentality for stock trading experts.
Such investors will fully understand the market situation and analyze the intrinsic value of stocks before each operation, so as to make wise investment choices.
They know that only through rational analysis can they be at ease in the stock market and reduce investment risks.
At the end of June, the quarterly delivery will begin. This week, the forward option trading volume has increased significantly!
It is mainly completed in the form of a large call option combination. The current maximum pain point of BTC is $66,500.
According to the option data, although the realized volatility RV fluctuates greatly, the implied volatility IV has been relatively stable in the past two weeks!
Both the absolute value and the level of change are relatively small. According to past experience, there is often no big market before the quarterly delivery.
The trend in the second quarter of this year is relatively weak, which is also in line with the historical experience of previous years!
In terms of experience in the third quarter, the trend is generally struggling. The end of the third quarter is generally the node for the market to pick up!