#德国政府转移比特币 #BTC走势分析
Overnight, the crypto asset market went from summer to winter. Although it was unbearably hot outside, a glance at the account made me feel cold! Many negative factors followed one after another, and the market was in a state of panic: the German government sold $BTC, Mt.Gox repaid its creditors' assets, and there was a potential risk of more than 140,000 BTC flowing into the market. The institutional funds of BTC ETF holders quickly flowed out of the market. The results of the US election were constantly changing, and the Federal Reserve had difficulties in cutting interest rates.
BTC and ETH, the two major mainstream varieties, continued to fall. There was a small rebound during the US trading session from 21:00 last night to 6:00 on the 5th. During the Asian trading session, a new wave of decline began, breaking through the previous low support position of 3000 and 58400. The weekly price has touched the lower Bollinger track.
The market greed and panic index fell to 29, panic, the lowest in the year. Many mining machines in mining farms have reached the shutdown price. In terms of profit and loss odds, the market may rebound at any time.
The current airdrops will be blown up. In the entire market, the market share of long and short positions has always been long positions > leading positions. Every rapid decline is a correction to the strong long-side forces. However, from the perspective of a four-year cycle, there is no long-term bullishness, which may also be the reason why the long-term long-term capital force is greater than the short side.
For spot, it is a more reliable choice to invest in BTC, ETH, SOL, and TON in the continuous bottoming out.
For high-risk and excellent position management partners, the inverted pyramid method can be used to purchase the first four assets. Once the decline ends, the rebound will begin.
You can use the previously invested assets to make long transactions within 5 times the currency standard, and obtain high-multiple returns as the currency price rises in the later stage.