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BSC chain mining gold will earn another hundred times.Overnight, BTC tested the 30-day moving average of 87.1k upwards but failed to hold, and fell back to around 84k at the close. As mentioned in yesterday's article, the market rebounded, and this false breakthrough was quite powerful, and it continued to fall. Trump's speech at the crypto conference did not announce anything, and it became a large-scale pie-in-the-sky scene. He spoke for half an hour and nothing could stand on the K line.
Data from the past two days show that short-term investors are still the main force of leaving the market. Those who have bought the bottom in the past two days have also increased their efforts to leave the market, and some high-level losses are also leaving the market at a loss. It is not difficult to see that 79,000-83,000 is a small peak of buying the bottom recently, but compared with the chip-intensive area of 93,000-98,000 US dollars, the funds entering the market recently are still insignificant. If Bitcoin can break through 90,000 in the short term, I believe that more people will enter the market, and the market will usher in a breakthrough.
The key point of Bitcoin is 83100, and the support is 82000. If it fails, it is still expected to fall to around 79k to capture liquidity, and then look at the big bull market to 100k.
Ethereum OG has shorted a total of 550,000 ETH, worth 10 billion. Although it looks scary, the contracts are all leveraged, and the actual principal may be only 2 billion to hold the 10 billion short orders. If Ethereum starts to rebound, these 10 billion short orders may need to be forced to buy back the short positions, becoming the fuel for the rise, and the chain explosions will soar.
BTCUSD 
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BSC chain mining gold will earn another hundred times.Overnight, BTC tested the 30-day moving average of 87.1k upwards but failed to hold, and fell back to around 84k at the close. As mentioned in yesterday's article, the market rebounded, and this false breakthrough was quite powerful, and it continued to fall. Trump's speech at the crypto conference did not announce anything, and it became a large-scale pie-in-the-sky scene. He spoke for half an hour and nothing could stand on the K line.
Data from the past two days show that short-term investors are still the main force of leaving the market. Those who have bought the bottom in the past two days have also increased their efforts to leave the market, and some high-level losses are also leaving the market at a loss. It is not difficult to see that 79,000-83,000 is a small peak of buying the bottom recently, but compared with the chip-intensive area of 93,000-98,000 US dollars, the funds entering the market recently are still insignificant. If Bitcoin can break through 90,000 in the short term, I believe that more people will enter the market, and the market will usher in a breakthrough.
The key point of Bitcoin is 83100, and the support is 82000. If it fails, it is still expected to fall to around 79k to capture liquidity, and then look at the big bull market to 100k.
Ethereum OG has shorted a total of 550,000 ETH, worth 10 billion. Although it looks scary, the contracts are all leveraged, and the actual principal may be only 2 billion to hold the 10 billion short orders. If Ethereum starts to rebound, these 10 billion short orders may need to be forced to buy back the short positions, becoming the fuel for the rise, and the chain explosions will soar.
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✔Copy accurate trading signals✔Manage accounts🎁Stable profit of more than 188.6% per week🎁Success rate is as high as 97.85%, real-time communication: @cryptoanalyst_baker Signal entry: t.me/FcCygjylf
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.