4.21 noon market: how to operate the volatile market

The article is contributed by the blockchain analysis of Niu Qi, the columnist of Jinse Finance and Economics. The remarks only represent his personal views and are only for learning and communication! Golden Disk will not actively provide any transaction guidance, nor will it charge any fees to guide transactions. Readers are requested to carefully screen and beware of being fooled. the

Report: Cryptocurrency Q3 Losses Worth $420 Million, Down 36% From Q2: Golden Finance reports that Immunefi’s Q3 Crypto Loss Report finds that Q3 losses were worth $428,718,083, down from $670,698,280 in Q2 36%, down 62.9% from US$1,155,334,775 in the same period last year. Most of these losses came from two incidents involving cross-chain delivery protocol Nomad and crypto market maker Wintermute, which lost $190 million and $160 million, respectively. Those two items accounted for about 80% of the third-quarter loss.

According to the report, cryptocurrency losses have declined for the past three consecutive quarters, but it is unclear whether this trend will continue for the rest of the year. [2022/10/8 12:49:45]

According to data from OKEx, the current spot price of BTC/USDT is $55,500, an increase of 1.2% in 24 hours.

OKB breaks through the $4.2 mark, with an intraday drop of 19.12%: OKEx data shows that OKB has risen in the short term, breaking through the $4.2 mark, and is now trading at $4.2, with an intraday drop of 19.12%. The market fluctuates greatly, so please do a good job in risk control. [2020/10/18]

Bitcoin continues to fluctuate in the range, and as long as the price shows up, it will be beaten down. The bulls' funds are not strong enough to push up, and they can only barely stabilize the price. From the current point of view, this wave of Bitcoin’s plunge stopped near the daily MA83 line, and the rebound was mainly suppressed by selling orders near the daily MA30 line, which caused the price to continue to fluctuate in this range; it can be observed in the market that the main factor for the price to remain volatile It is due to the intensive small buy orders chasing the rebound increase that dragged down the price. It is also a good sign that OBV maintains an increase in the price drop. It is expected that the price will challenge the upper part of 58,000 US dollars today. Out of part of the funds can sell high and buy low.

Quotes | The total market value of global cryptocurrencies is about 268.426 billion US dollars: According to AICoin data, the total global market value of cryptocurrencies is about 268.426 billion US dollars. Bitcoin ranks first in the cryptocurrency market, with a market value of approximately US$185.1 billion, accounting for 68.96% of the current market value; Ethereum ranks second, with a market value of US$20.2 billion, accounting for 7.51% of the market value; Ripple Ranked third, with a total market value of 11.2 billion US dollars, accounting for 4.18% of the market value. [2019/9/15]

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Author: Niu Qi's Blockchain Analysis

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