Lao Cui talks about coins: Ethereum is about to be listed, and the upper space is completely opened?
I just finished talking to you about the importance of the news level, and then there was another explosive news in the second half of the night. Biden directly withdrew from the election. Although the winning rate is not high, it is also unexpected. I looked at the reputation and many coin friends are mostly engaged in the foreign trade industry. Here I would like to remind you not to have a fluke mentality. If Trump can come to power, it will be a relatively good news for the coin circle, but it is not good news for our domestic economy. Whether it is Trump or Biden, both of them are implementing the strategies left by Obama in the later period. Trump is still the initiator of our trade war, but it is not so excessive. Looking back at history, Biden is definitely the most extreme. These two will not make our policies more relaxed. This requires communication between politicians, so we don’t worry too much. Let’s talk about our coin market.
Many friends are asking about the meaning of RSI at the technical level. Let’s talk about the technical level first. The use of RSI is mostly in conjunction with the three lines of KDJ, and the meanings of the two are basically consistent. The value range of RSI is also 0-100. Usually, a break of 50 indicates that the bulls are dominant, and vice versa. The overbought and oversold value ranges of RSI are 80 and 20. When it exceeds 80 and is in an overbought state, it means that the market has exceeded the expectations of buyers, and the market is very likely to reverse, which means that the dealer wants to ship. When the market is below 20, it is in the oversold category, and the meaning is the same. +Lao Cuitanhua2209The market has exceeded the expectations of sellers, and the market may usher in a turning point, that is, the dealer is likely to recover some assets to raise prices. Both of these are auxiliary indicators for judging the arrival of the turning point of the market. When the RSI indicator fluctuates up and down at 50 for a long time, it means that the market is not clear, and the bulls and bears continue to fight. Once it breaks out of the situation, it is very likely to go out of the big trend, that is, a rapid rise or a rapid fall. Generally, it is recommended that everyone wait and see at this position. #拜登退选 #比特币大会 #以太坊ETF批准预期