Daily analyze of digital coins 20190801
News
1. At 2:00 a.m. Beijing time today, the Federal Reserve announced a 25-basis point cut in interest rates, lowering the target range of the federal funds rate to 2.00% — 2.25%, in line with market expectations. This is the first rate cut since December 2008. In addition, the Federal Reserve announced that it would end its drawdown plan on August 1.
2. 2. A tax expert said that the IRS was considering taxing encrypted currencies as a high priority for law enforcement, but more specific guidance might be needed before advancing its enforcement activities. IRS has previously said that virtual currency is the focus of its criminal investigation department.
BTC continues to rise yesterday to the present, reaching a maximum of $1,0120, and is still above $10,000. In the past 24 hours, the net inflow of BTC funds has exceeded 750 million US dollars, which is a significant increase compared with the previous cycle. BTC continued to rise yesterday, reaching above $10,000 again. However, it is worth noting that there is no obvious volume in the process of the rise, during which the multi-air forces roll over each other, and the disk is not stable. From the daily line, BTC has arrived at the intersection of MA60 and Brin Medium Rail, which may be blocked in the short run. Medium-term trend we still maintain the original point of view, cautious bullish. Operational aspects, the current market is not stable, the higher average price proposals to reduce the warehouse, waiting for low re-attraction, pull down the average price.
ETH has risen slightly with the market since yesterday, reaching a maximum of nearly $220. In the past 24 hours, the net inflow of ETH funds approached US$60 million, and the inflow of ETH funds increased significantly compared with the previous cycle. Compared with the recent rebound, the trend of ETH is still weak, and it is still not out of the bottom shock zone. From the daily line, the upper part is close to the resistance of Brin’s medium rail ($220), and the rebound will continue to shrink, so it is unlikely to break through in the short term. The medium-term trend continues to be bullish, where it is possible to continue to maintain the oscillation to form an arc bottom, and pay attention to the timing of waiting. Operational aspects, here we do not recommend blind pursuit of inflation, the upper face of resistance level, suggest reducing warehouse hedge, waiting for low suction and so on.
Yesterday, BCH broke through the short-term neck position of $425 with the rise of the market, and the short-term also formed support in this position. However, the bulls on the market are not strong. Looking cautiously from the technical point of view, the current four-hour market breaks through and retreats to the key position of $323. Pay attention to the support of this position within the day. As long as the market is stable, BCH is very good. Can continue to test resistance level upward, but the daily level of bullish can be weak, the operation is mainly cautious. In trading, the midline and short-term positions should be regarded as two supporting positions respectively. It is not appropriate to heavy positions. If the market goes up, we should pay attention to two resistance positions to stop earnings.
Yesterday, EOS followed the small rebound of the market, but the pull-up strength was very weak from the disk alone. Now it comes to the left page position. With the market on the market, there is a possibility of breakthrough, but from the market perspective, the trend can not be strong. If it fails to break through, it will return to the volatile market again. Technically, the daily EOS has broken through the mid-rail position, and the disk volume is weak. The upper space may not be too large. If it breaks through 4.47, it will see $4.75. If it breaks through 4.25, it will focus on the mid-rail position near the bottom. For four hours, it will be at the top of the right side. No additional warehouse is recommended. Operational positions below $4.20 can continue to be held. It is not advisable to catch up with the midline level. If we can break through, there will certainly be opportunities.
The net 24-hour outflow of XRP is about 180 million RMB, mainly to BTC, and the turnover rate is still at a relatively low level. Technically, from the four-hour line, the daily market of XRP is relatively depressed, nighttime upstream is blocked, the amount of energy is relatively general, and the trend of capital flows to BTC. Yesterday, the market rose in succession, while XRP rose unsatisfactorily, and finally broke through the previous high, above the XRP there is a certain shortfall to suppress the short-term market rise. Overall, the market rose last night, but the amount of increase can be general. Now it has reached a key point. If the short-term market continues to rise, the probability will continue to rise slightly. XRP may also link up to test resistance level, and subsequent market may even appear supplementary market. Operationally, the holder of the coin continues to hold and wait. If there is a sharp rise in the market, set up his stop point, not greedy. Futures are not suitable for warehouse construction at present, and the withdrawal to the four-hour Brin Medium Rail can be more suitable for trial.
In terms of capital flow, the net inflow amount of LTC in the past 24 hours is about 2.7 RMB, of which the main (net single) inflow is dominant, while the inflow trading pairs are dominated by USDT. The turnover rate has increased. The current value is close to 40% technical level. The LTC led the rally yesterday night and continued to expand to the vicinity of $100 after breaking through the resistance level of $97. However, at present, bullish volume can be weakened, the market has a certain risk of withdrawal. Previous analysis said that with the approaching halving of incentives, the risk is also growing, and last night’s rise may be a lure for the bankers. There is still the possibility of pulling up again after the day’s rally, with the upper resistance level of $106. Operationally, the holder can reduce his position to stop earnings appropriately, while the futures market will continue to wait and see or build a short position near the resistance level.
Published at Fri, 02 Aug 2019 05:27:11 +0000
Bitcoin Pic Of The Moment
Kaupunkiverstaalla 07. syyskuuta 2014.
helsinki.hacklab.fi/2014/08/kryptoradio-kaupunkiverstaalla
By Hannu-Makarainen on 2014-09-07 13:29:36
