Bitcoin down, ethereal

1. It's got to be in the expeditionary mission, but it needs the protagonist to be above level 35 to do the expeditionary mission.

2.

According to the data of okcoin, a well-known digital asset trading platform in China, the price of bitcoin fluctuated all the way down yesterday (July 10) after the opening of the market in the early morning, from the lowest high of 17789 to the lowest low of 17200 on the eve of the closing. Although the decline was limited, the weak situation was obvious. As of today's press release, prices continued to hit new lows, with the lowest falling to 16685 and the latest trading near 16920

within the day, at the 4-hour level, the short position of the moving average system (5, 10, 20) is in good condition, and the decline slope is increasing. Once the price breaks 1560, the trading volume will be significantly enlarged, and MACD index has not been separated from the weak area, and the short position trend of this level will continue; One hour level, MA60 has formed the main pressure line of price, and there is no clear decline kinetic energy depletion phenomenon, the short trend is still

Analysts of okcoin currency bank pointed out that the current trend of each major cycle is in a very clear short trend. Before this trend has changed, don't fantasize. The current downward trend is the most objective reality. Don't always have the idea of bottom hunting and make more mistakes against the trend. Focus on the 1560 line in the day. This price has changed from support to resistance. Don't intervene blindly until the price is stable. The strong will always be strong and the weak will always be weak

3.

On April 18, it was reported that the price of bitcoin had soared for a time, once exceeding US $64000. Today, bitcoin suddenly plummeted, once falling by more than 15%, the price fell below US $52000 / piece

for the sudden collapse of bitcoin, some analysts in the instry believe that it may be affected by the latest news that the US Treasury Department has accused several financial institutions of using cryptocurrency to launder money

affected by the sharp fall of bitcoin, other digital currencies have declined to varying degrees. Ethereum plummeted 20%, coin an plummeted 17%, reborn plummeted 26%, and even Musk's favorite dog coin plummeted 19%

extended data

experts said that the slump is a normal phenomenon:

"in fact, the slump of bitcoin is just a normal phenomenon in the market." First of all, bitcoin itself is a kind of high-risk emerging asset, and its daily price fluctuates a lot, and it is often prone to sudden rise and fall, Li William, chief researcher of Ouyi okex Research Institute, told reporters. Secondly, from an empirical point of view, the withdrawal in the bitcoin bull market is about 33% - 66% of the basic trend direction, lasting for a week or several weeks

according to him, even though bitcoin has entered a bull market since January 2021, with a cumulative increase of nearly 2 times, it often falls sharply, with the biggest daily drop of more than $5000 for at least 7 days, and the biggest daily drop of more than $10000 for two consecutive days on February 22 and February 23

William Lee further said, "from the fundamental point of view, this round of bitcoin slump also has regulatory impact. On Friday, Turkey's central bank banned the use of cryptocurrency and cryptoassets for payments, citing possible "irreparable" damage and trading risks. Shortly after the news, bitcoin fell about 4%. For investors who have entered the market early and hold a large number of bitcoin chips, they have made a lot of profits at this time. In the case of unclear supervision in the future, it may be the best time to choose to sell bitcoin and leave the market, which triggered a subsequent slump. "

4.

On April 18, 2021, the global virtual money market plummeted, and the cryptocurrency market experienced the most serious slump in history. On a 24-hour basis, bitcoin has plummeted by more than 16%, Ethereum has plummeted by nearly 20%, coin an has plummeted by 17%, and reborn has fallen by 26%. Within one day, more than 620000 people were liquidated, and the amount of liquidation exceeded US $5579 million. Brian bull, CEO of coinbase, a virtual currency exchange; Armstrong sold $290 million of the company's shares, bringing the total market value of its insiders to more than $4.6 billion. In addition, alexia & middot, the chief financial officer of coinbase; Haas cashed out about $99.32 million at $388.73

it is reported that the ability of cloud computing is to split the mining machine into independent units. The mine provides mining machine computing power leasing services. Investors only need to purchase the calculation contract to & lt; Cloud mining;, Get the corresponding virtual currency. On several cloud computing platforms, it is found that the rate of return declared by each platform is not low, and some annual rates of return even exceed 100%. At the same time, cloud computing capacity is also facing huge risks. In the absence of third-party guarantee and supervision, cloud computing capacity sometimes faces huge risks

5.

Bitcoin has plummeted by nearly 20%. It can be said that the prices of virtual currencies are falling rapidly overnight. Not only bitcoin, but also dogcoin Ethereum are falling rapidly, because there are more and more virtual currencies. And so on burst positions, the bulk traders continue to withdraw from the outside{ RRRRR}

according to the information released in the global market, governments of all countries have introced some new policies to strengthen the management of these virtual currencies and cryptocurrencies, which is not good news. Because strengthening management means monitoring these virtual currencies more and more strictly, we can't fluctuate, go up, go down or buy them at will like before, which may cause the price to fall rapidly

6. If there is a surge, there will be a slump. The problem of time does not need a reason. Just like a surge, there is no reason

7. At present, neither bitcoin nor Ethernet currency has the conditions to soar. The collapse of ether currency is a periodic consolidation of currency value, because it rises too fast in the short term.

8. It won't make any difference, but the teams who want to cheat money with ICO can't go on

9. The market is bearish on ether.