10.27 midday market: Bitcoin trend deviates from US stocks or adjusts synchronously to cover the weekly long gap

The article is contributed by the head of the Cooking Group, the columnist of Jinse Finance and Economics. The remarks only represent his personal views and are only for learning and exchange! 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

With only 7 days left before the U.S. general election, the U.S. stock market Dow Jones Industrial Index dropped rapidly by 650 points last night, which directly affected Bitcoin, which was operating at a high of 13,000 points. Although some people were prejudiced against my judgment method after the opinions were issued yesterday, the second giant Yin line last night after the 13350 high point on the 4-hour K line gave a positive response to this prejudice.

XTZ fell below the $3.5 mark with an intraday drop of 10.98%: According to data from Huobi Global, XTZ fell short-term and fell below the $3.5 mark. It is now at $3.4992, with an intraday drop of 10.98%. The market fluctuates greatly. Please do a good job in risk control . [2021/6/8 23:20:03]

The logic of the K-line Journey to the West strategy means that the big market is generated by the small market, and the small time-level K-line is brewing a higher-level time K-line. Based on this, it is judged that the 4-hour negative line of Bitcoin at 12 o'clock on 10.25 is Wukong's first negative line. After breaking through the 13,000 US dollar integer mark for the second time yesterday, if Bitcoin falls below 13,000 again after the US stock market opens tonight, it will constitute a 4-hour level. Bajie's second Yinxian. If this structure continues to develop, the price of Bitcoin will run to around $12,000 after the 4-hour level decline. Remember the law that the small time level market is brewing the big time level market that I mentioned again today.

Market | MXC Matcha Leveraged ETF Big Data: BTC long-to-short position ratio is 10.76:1, long position slightly reduced: According to MXC Matcha official data, as of 10:00 on February 9, the main variety of MXC Matcha Leveraged ETF BTC long-short ratio is 10.76:1, BCH 0.27:1, BSV 0.26:1, ETC 0.17:1, BNB 26.75:1, ETH 1.54:1, LTC 0.02:1, EOS 0.23:1. Compared with yesterday, the long-short position ratio of BTC has declined slightly, and the number of long positions has shrunk slightly. It is worth noting that the ratio of BNB long-short positions increased by 13.37, which was caused by the reduction of short positions. Leveraged ETF is a perpetual leveraged product launched by MXC with reference to traditional finance. It provides 3 times leverage without paying a deposit. Buying "L" means going long, and buying "S" means shorting. It is currently launched including BTC, BCH, BSV, ETC 14 varieties including the production reduction concept. [2020/2/9]

There may be some hourly level rebounds after the end of the 4-hour level decline, but after the previous weekly level rises, the daily level's decline is likely to appear on the disk. It should be remembered that this is a critical time point with only 7 trading days before the U.S. election. The bears are likely to make the final move, sweeping all the achievements of the bulls in the past 10 trading days, and thus returning to the direction of the bears at the daily level. Supplementing the rapid rise creates a long chip gap. Once the daily level callback is completed, the price of Bitcoin must at least reach near the support level formed by the daily upward trend line of $11,700.

Dynamics | BTC’s 24-hour net capital outflow is 1.063 billion RMB: According to AICoin data, DASH ranks first in the 24-hour net capital inflow ranking, with a 24-hour net inflow of 3.162 billion yuan; USDC’s 24-hour net capital inflow ranks second, with a 24-hour net inflow The inflow was 431 million RMB; XMR’s 24-hour net fund inflow ranked third, with a 24-hour net inflow of 418 million RMB. The net outflow of BTC funds in 24 hours was 1.063 billion RMB. [2019/7/12]

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Author: Head of the Cooking Group

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