5.5 Evening market: Is the pancake adjustment over? Where is the bottom-hunting position?

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 55240, with a 24-hour increase/decrease of -1.47%.

HT fell below the $31 mark and the intraday drop was 5.56%: According to data from Huobi Global, HT fell short-term and fell below the $31 mark. It is now reported at $30.9841, with an intraday drop of 5.56%. The market fluctuates greatly, please do a good job in risk control . [2021/5/16 22:07:06]

The divergence of the market is still going on. Judging from the ups and downs of the currency prices in the past two days, we can know that the divergence is not generally large. Although the BTC price is running below the 5-day moving average, the previous ETC and today’s BCH continue to perform wonderful shows. The market Diversity is presented. As the proportion of BTC continues to decrease, the influence of Big Brother on the market begins to weaken. The market has always been stronger than imagined, but the potential hidden dangers of BTC have to be considered. In terms of operation, continue the previous strategy. It is recommended to use the 7-day moving average to hold the middle line. The calculation method of the inverted price part remains unchanged. Or make a conclusion tomorrow morning, for small partners with light spot positions, you can consider currencies with a small increase in BTC support year-on-year, such as ATOM ALGO FIL, and see if you can reap huge profits in the short term. The short-term support level of BTC is 53600~54100, and the short-term pressure level is 56000~56500.

BTC fell below the $30,000 mark and fell 5.52% within a day: According to data from Huobi Global, BTC fell short-term and fell below the $30,000 mark. It is now reported at $29,988.0, with an intraday drop of 5.52%. The market fluctuates greatly, please do a good job of risk control . [2021/1/5 16:28:25]

Quotes | 2 of the three major platform coins fell and 1 rose OKB’s 24-hour increase was 5.53%: According to non-small data, BNB’s current price is $16.25, a 24-hour drop of 1.61%; HT’s current price is $2.40, a 24-hour drop of 4.06%. The current price of OKB is $2.426, an increase of 5.53% in 24 hours. [2019/3/27]

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Author: Biquan Beiming

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Ethereum