5.6 Evening Market: What does it mean when the market rises amidst 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 57595, with a 24-hour increase/decrease of 2.4%.

LINK broke through the $22 mark with an intraday increase of 25.64%: According to data from Huobi Global, LINK rose in the short term and broke through the $22 mark. It is now reported at $22.0047, with an intraday increase of 25.64%. The market fluctuates greatly, so please do a good job in risk control. [2021/5/24 22:38:15]

The market space was opened by DOGE and ETC. BTC’s low-end big positive line blocked the downside yesterday, and the market sentiment was completely activated. The relatively high-level varieties that rose more could at least maintain high volatility in the short term, and the low-level varieties that rose less were expected to have a structure similar to BTC. To make up for the increase, it is recommended to hold according to the position and sell high and buy low in operation. Today's official account benefits RSR, CVC.

ZB Market Research Report: ETH will face resistance at $625.61 in the next few days: According to ZB Market Research Report, ETH price closed at a high of $579 yesterday, increasing traders’ interest in ETH price Bullish confidence. From a technical point of view, a large number of long positions held by bulls triggered a rise in ETH prices; ETH prices tested the band above the Bollinger Bands, which has made more bullish deviation attempts due to bullish pressure; RSI is 76.88, in the overbought range, It is a manifestation of the current bullish tendency; in the next few days, ETH will face resistance at $625.61, which is a struggle between historical prices and psychological expectations. If the multi-army can counter the air force at this level, ETH will likely continue to rise. Additionally, the report provides an intraday technical analysis of XRP and BCH. For more details, please refer to the official research report released by ZB. [2020/11/24 21:56:34]

The short-term support level of BTC is 56500~57000, and the short-term pressure level is 58500~59200.

Dynamic | The total transaction volume of Ethereum reached 1.57 million ETH, a decrease of 25.63% from yesterday: According to amberdata.io data, the total transaction volume of Ethereum reached 1.57 million ETH in the past 24 hours, a decrease of 25.63% from the previous data; the number of daily active-zce users 126,634, active-zce users decreased by 5.23%; 11,234 new contracts, an increase of 40.20% compared with the previous data; the average transaction fee reached 14.08 GWEI, a decrease of 5.12%; the total amount of token transactions was 356,893, a decrease of 2.31% compared with the previous data . [2019/2/24]

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Author: Biquan Beiming

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