Let's analyze the market,
First, let's talk about the news.
Recently, I have seen a lot of news about Trump.
Whether it is a speech, an interview or other activities,
It can be seen that Trump is very friendly to the crypto industry!
The Federal Reserve has also recently sent a signal that it will cut interest rates!
The date of the US presidential election is getting closer!
All these are conducive to the continuous rise in the price of Bitcoin!
Although the biggest negative factor at present is Mentougou,
But Mentougou's compensation has little impact on the market,
Because Mentougou itself will not sell all the Bitcoin,
It just pays the Bitcoin to creditors,
And those who receive compensation,
They may not sell Bitcoin at the same time,
Or the amount of Bitcoin they receive is limited,
It may not affect the entire market!
In short, the general direction is optimistic!
Analyze from a technical perspective!
At the daily level of the big pie, the K line has stood firm on the 120-day line.
It has been rising for many days in a row, and the upward force is still very strong!
At the weekly level of the big pie, two large positive lines have been drawn in a row.
The K line slowly moves from the lower track of the Bollinger band to the middle track.
The MACD fast line and slow line are above the zero axis.
Above the zero axis belongs to the bullish trend!
At the monthly level, a large positive line was drawn.
The lower shadow of the positive line is very long,
More than half of the real part,
Indicates that the long army is very strong,
While falling, it can be quickly pulled back!
The bullish signal is obvious!
Of course, there are other indicators that have not been analyzed,
Other technical indicators are similar!
In general, the general direction has not changed!
Short-term fluctuations will not affect the general direction!
The above content is for information sharing only,
Does not constitute any investment advice!
Investment is risky, and you need to be cautious when entering the market!
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