4.16 evening market: Has it peaked? How to choose among differences?

The article is contributed by Biquan Beiming, the columnist of Jinse Finance and Economics, and his remarks only represent his personal views, and are only for learning and exchange! Golden Disk will not take the initiative to provide any transaction guidance, nor will it charge any fees to guide transactions. Readers are advised to carefully identify and prevent being fooled. According to OKEx data, the current BTC/USDT spot price is 60608, with a 24-hour increase/decrease of -3.29%.

BTC fell below the $35,800 mark with an intraday drop of 4.11%: According to data from Huobi Global, BTC fell short-term and fell below the $35,800 mark. It is now reported at $35,793.01, with an intraday drop of 4.11%. The market fluctuates greatly. Please do a good job in risk control . [2021/1/20 16:34:37]

Today, BTC has a physical negative line at the daily line level. Has the market peaked? The answer is no. I have been in the community for so many years. Whenever the market is consistent (bullish/bearish) with everyone (retail investors), it is always easy to go in the opposite direction. Whenever the market diverges, what is considered the top in the bull market That's not the top! Observing BTC from the daily line level, it presents a slow-rising pattern, the long chips are stable, the control is good, and there will be higher points in the follow-up. It is recommended to stand on the buying side in the disagreement. In the morning, the internal reference reminded to go long in the afternoon. Today, the contract group made 3 long orders (BCH/ETH/LINK) in the afternoon, and another 3 long orders in the evening. Regarding BTC, the probability of breaking 60,000 today and tomorrow is not high, which is a time adjustment. The subsequent rise will be the sideways currencies in the past few days. Other mainstream currencies that have accumulated a certain increase will not have enough time to adjust; Space adjustment, I tend to be in place in one step, which will attract bottom-hunting funds to enter the market, which is more conducive to buying. In terms of operation, it is recommended to buy bottoms in batches around 60,000 (down).

BTC fell below the $14,700 mark with an intraday drop of 4.19%: According to data from Huobi Global, BTC fell short-term and fell below the $14,700 mark. It is now at $14,699.58, with an intraday drop of 4.19%. The market fluctuates greatly, please do a good job in risk control . [2020/11/8 11:59:44]

The short-term support level of BTC is 59800~60200, and the short-term pressure level is 61800~62300.

Hobbit Exchange completed today’s HBC repurchase at a price of 4.1981USDT: According to the official announcement of Hobbit HBTC, under the new token model rules, Hobbit HBTC buys back HBC from the secondary market daily at 10 times the PE price. Today, the 10 times PE repurchase price is 4.1981USDT, the 5 times PE repurchase price is 2.0990USDT, and the repurchase income is 22,113USDT, of which 10% of the market price repurchase amount is 2,211.3USDT.

HBC is the platform currency of the new token model launched by Hobbit HBTC. HBTC has innovatively launched the 10 times PE pricing repurchase model and the HBTC captain incentive model. In addition, it has opened a DeFi zone and set up a special DeFi fund to help the development of the DeFi ecosystem and promote the deployment and implementation of DeFi on a global scale. [2020/9/8]

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Author: Biquan Beiming

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