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4.20 noon market: the game continues, how to operate the market with wide fluctuations.

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According to data from OKEx, the current BTC/USDT spot price is $54,900, a 24-hour drop of 3.6%.

Bitcoin's rebound after this wave of downswing is not strong at present, and the long funds can only barely hold back the decline, causing the price to remain in a range-bound shock. It can be observed from the handicap that the bottom-hunting funds in the early stage are still on the market, small funds have begun to enter the market impatiently, and the OBV is also maintained at a high level. The game volatility will continue in the short term, and some funds can be set aside for short-term swings. Looking at the data alone, after the shock, the price has a probability of going to the position of 58,000 US dollars in the short term. After that, the position of the long-short competition for the second dip is near the daily MA83 line. Today's price is 51,800 US dollars.

KingData Monitoring: Grayscale ETH Fund's accumulated positions are 3.142 million: According to KingData data, Grayscale ETH Fund has reduced its holdings by 861 Ethereum, and the total size of the fund's holdings has become 3.1424 million ETH. (Note: Grayscale is not yet open for redemption, and the slight reduction may be due to the fine-tuning of the currency content-zce per share and the deduction of management fees.) For more data or KingData download, see the link in the original text. [2021/8/24 22:32:57]

HT breaks through the $4.2 mark with an intraday increase of 2.83%: Huobi Global data shows that HT rose in the short term and broke through the $4.2 mark. It is now reported at $4.2, with an intraday increase of 2.83%. The market fluctuates greatly, so please do a good job in risk control. [2020/12/20 15:49:54]

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Exclusive | The total market capitalization of the cryptocurrency market is US$287.421 billion: According to data from CoinMarketCap, the total market capitalization of the cryptocurrency market is US$287.421 billion. The 24-hour trading volume was $134.422 billion. The top 10 currencies in the cryptocurrency market are: BTC ($183.052 billion), ETH ($24.948 billion), XRP ($12.258 billion), BCH ($8.316 billion), BSV ($6.620 billion), LTC ( $4.945 billion), EOS ($4.673 billion), USDT ($4.650 billion), BNB ($3.605 billion), XTZ ($1.613 billion). [2020/2/9]

Author: Niu Qi's Blockchain Analysis

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