Rebound reversal? Be cautious and stay optimistic

There are four major risks in buying, selling or using Bitcoin and other virtual currencies, including market, trading, technology, and compliance. Before reading, please ensure that you can fully understand the market and its risks. The following content-zce is personal experience and thinking, and cannot be used as any in accordance with.

Hello everyone, I’m Pepe. I used to say that it’s good to buy the bottom at 312, but gold is everywhere, but now I don’t feel it. In fact, this kind of extreme market is still very difficult to copy. There are some pending orders, of course not as good as the group of friends. If the current price is considered, some may have just made a profit, and some prices have been set low and have not been listed, so I also think it is still difficult to truly say that it is possible to successfully buy the bottom. It may be relatively easier to spread risk by buying in batches over a long period of time.

Today's situation is more likely to be considered a rebound. After all, the 519 fall is already oversold, and coupled with the panic this weekend, when the market reaches an extreme, it is normal for the price to recover. The key is behind us. How to go, is it going up to have more momentum to go down, or is it possible to reverse?

DEXT on the BiKi platform rebounded and rose 63.97% in 24 hours: According to BiKi market data, as of 11:40 today (GMT+8), the currency DEXT on the platform rose 63.97% in 24 hours, and the current price of DEXT is 0.013884USDT. The market fluctuates greatly, please pay attention to risk control. [2020/7/24]

This seems to be unclear for the time being. Today is relatively strong, but the overall trend line is still in a downward trend. In addition, you can still feel the popularity of each group and the posting orders of the bottom-hunters. Compare the previous 312 And 94, I feel that even if it is still in a bull market, there will still be a cooling-off period, so we should remain rational and cautious in the future.

Regarding being cautious, I would like to mention two more points. One is that there is no more news fermenting at present. What I saw today is an article in the Economic Information Daily. From the reading between the lines, the main targets may be more financial institutions, Payment institutions are not ordinary consumers, so it is possible that you will not see dynamics such as announcements later, or more internal implementation, but what form will it be in the end, especially whether there are changes in the mining field? Not sure yet, it will take time.

Analysis | BTC’s overseas popularity continues to slump, with few rebounds: According to TokenInsight data, the TI index, which reflects the overall performance of the blockchain industry, reported 640.36 points at 8 Beijing time on November 16, a drop of 17.3 points or 2.63% from the same period yesterday. In addition, among the 25 sub-industries closely watched by TokenInsight, the other information technology service industry has the highest increase within 24 hours, with an increase of 12.36%; the other business and leasing industry has the highest decrease within 24 hours, with a decrease of 8.6%.

According to monitoring, the BTC 24h transaction volume was $21.6 billion, the number of active-zce addresses increased by 1.3% from the previous day, and the number of transfers decreased by 7.74% from the previous day. Coinwalle analyst Jeffrey believes that BTC's overseas popularity continues to be sluggish, with little rebound, and the focus on funds has declined, and it may continue to bottom out in the short term. the

According to the quantitative analysis of Bituniverse intelligent AI, today's market can open BCH/USDT grid trading, the range is 233.94-324.77USDT, and earn pin income.

Note: The above content-zce is for reference only and does not constitute investment advice. [2019/11/16]

Those who are interested can check the stock price of Ali Meituan in the past few months, and then search-zce for what happened before, so I think it is better to calm down for a while, reduce the heat, and clean up the chaos, otherwise I don’t know what will happen Will not face a more severe situation.

Quotes | OKEx Ethereum contract positions have increased significantly, and the rebound strength in the market outlook may be stronger than Bitcoin: As of 8:00 today, in OKEx Bitcoin contract elite accounts, the average long position ratio is 24.12%, and the average short position ratio is 16.05%. The long-short ratio difference is 8.07%. In the Ethereum contract elite account, the average long position ratio is 22.87%, the average short position ratio is 14.86%, and the difference between the long and short ratios is 8.01%. At present, the total amount of BTC contract positions is about 56,400 BTC, an increase of about 1,400 compared with yesterday; the total amount of ETH contract positions is about 583,900-458,600 ETH, an increase of 125,300 compared with yesterday. [2019/7/17]

The other is that after this wave, I also saw news that Tesla and Meitu lost money, and MicroStrategy did not lose money, but they also bought some at a high price before. For the positions of these big guys, you can read more about bitcointreasuries. The org website currently gives a reference cost calculation (note that there may be delays in data):

Analysis | TokenInsight: BTC’s popularity rebounded and the number of transfers increased year-on-year: According to TokenInsight data, the TI index, which reflects the overall performance of the blockchain industry, reported 679.59 points on September 4, Beijing time, down 3.27 points or 0.48% from the same period yesterday . The general platform index TIG reported 511.66 points, down 6.86 points or 1.32% from the same period yesterday. According to monitoring, the popularity of BTC rebounded to 0.09% (0.0744% yesterday), and the number of transfers increased by 6.34% to 200,000 compared with the same period last week.

In terms of technical analysis, independent analyst Tommy Albert believes that BTC hit 7,400 US dollars and was blocked and fell back, but it did not cause a large decline. The bulls may still be in control of the situation, and BTC may have the opportunity to continue to fluctuate upward. [2018/9/4]

Compared with the list, it seems that Meitu is a bit miserable, but it needs to be understood that the bigger the boss, the more the holding assets of this kind of company. They don’t say like wine and vegetables. If you fall today, you will cry and laugh tomorrow. Many people don’t care about this so much. In terms of cost, for their size, you only need to pay attention to the probability of making a profit in a certain period of time. Others are secondary, and the same is true for many large funds. You may see that the market still falls after they buy , what people want is to be able to buy this bargaining chip, as to whether there are cheaper ones is secondary, so follow the big whale to operate, if your tolerance is not strong enough, it is useless, so seeing those losses news, and don't laugh at it.

However, in this wave, there are many institutions whose costs are in the range of 20,000-30,000 U, including Sun Cut, who has not been cut in this wave. Should it be better to make this part uncomfortable and surrender? We don’t know I don't dare to ask, I personally will prepare some funds to prevent unexpected situations, but I also hope that they will not be used.

Finally, let’s talk about optimism. You can still be optimistic about the long-term, because most of the intuitive preferences are to overestimate the short-term and underestimate the long-term. I hope you can do the opposite. First of all, you must clarify the underlying logic. Encrypted assets are currently It is a thing that circulates globally, and it is completely different from Wenwan tea in the past, not to mention that the current overseas environment is not the same as it was a few years ago.

In addition, regarding the mining circle, it may still be a little uncertain at the moment. I looked at the computing power of btc.com and it seems that the computing power has not dropped much recently. I can pay more attention to it later. If there is any change, the data will still change. I saw what a blogger said, and I think it makes sense. Compared with the world, the domestic cost is very low now. There are also regions with lower costs, which are also small countries with less mineral distribution. If the domestic If this part really needs to be migrated, the mining cost of the entire network may increase, which may be beneficial to the long-term value of the network.

In any case, in the face of the short-term market, we should remain rational and cautious, especially keep a low profile, and do not add leverage without hedging. This wave of blows is also like this, and it should be seen Come on, in such a highly volatile market, even if it is 2 times, there is a risk of returning to zero. I personally do not particularly recommend that there are some illusions and flukes in such a big environment. The premise of being optimistic is to do the worst plan.

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