Ethereum high scale
Yesterday, according to the data of okcoin, a well-known domestic digital asset trading platform, the bitcoin price continued to decline in the previous trading day after the opening. The lowest price fell to 18587 in the early session of Asian market, and then stopped falling and rebounded. By the end of the day, the bitcoin price had rebounded to near the opening price. As of today's press release, prices fluctuated in a narrow range around yesterday's closing price, with the latest trading near 19560
within the day, at the 4-hour level, the moving average system (5, 10, 20) continued to maintain a good short position, but after the price broke 2220 support, there was no large-scale downward trend, but the long shadow K line was closed for many times, and the MACD index also showed that the downward momentum was limited here; At the 1-hour level, MA60 is an important pressure line for the current round of decline. The price has been supported twice in a row at the 2150 level. The rebound needs to first pay attention to the resistance effect of MA60
Analysts of okcoin bank said that 2220, as an important support platform, plays an important role in the long short price situation. At present, there is a false breakthrough signal at this price, indicating that this price support is still effective. Radical investors can consider the light position intervention bullish, the top first focus on 1 hour chart MA60 pressure, blocked obviously leave the market, large-scale break hold to see the next pressure near 2400According to the data of okcoin, a well-known digital asset trading platform in China, the price of bitcoin staged a surprising reversal yesterday (July 21). As of today's morning trading, bitcoin has broken several important resistance positions, which is beyond most people's expectation. Pull up the market mainly occurred in the Asian market late after 19 o'clock, ring this period rose by more than 23%. As of today's press release, the currency price has fallen from the high of 19800, and the latest trading is around 18750
within the day, at the 4-hour level, the moving average system (5, 10, 20) showed a more cohesive arrangement, in which mA20 (purple line) played a major role in supporting the price, and the price rebounded again after stepping back on MA60, which can be considered as an effective break, and this level turned to be cautiously bullish; At the 1-hour level, the price is currently in a consolidation state of high and more, and the MACD index is running above the zero axis, so this level is also more
to sum up, the price rose again to the upper track of the shock range after severe shock at the high level, and the medium and short-term trend pointed to the direction of price operation, so the light position can be involved in the bullish in the day. Intra day support focuses on the 1400 line. This price can be seen as the long short watershed of this round of rise. As long as the price does not fall below this price, the operation strategy of batch intervention can be adopted. It is suggested that each time a position is built, it should not exceed 30% of the position. After the last time a position is built, it should be considered to increase the position; The top focuses on the resistance from 1790 to 1960
The price of Ethereum has exceeded US $3000. The catalysts behind the rise of Ethereum are as follows:
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3. virtual currency needs a new leader, and Ethereum is selected by the capital
there is an old saying on Wall Street: there is nothing new in the world. What happened in the investment market must have happened before, because the whole financial history has been for hundreds of years. The speculation and investment of virtual currency are similar to stocks, but the risk of virtual currency is greater. The price of Ethereum has exceeded US $3000. The main catalyst behind the rise of Ethereum is the sharp rise of bitcoin and dogcoin. Ethereum, which has always been favored by everyone, has always been in the stage of undervaluation. There is linkage between virtual currencies, and there will be high and low switching. Ethereum has been recognized by market funds as a new virtual currency leader, Funds believe that Ethereum is undervalued and thus driven up by funds, which is the most important catalyst for Ethereum's rise
virtual currency is a kind of high-risk and high-yield investment, which is not recommended by general investors. The risk is too big for everyone< br />
