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12.Market at noon on May: The decline is healthy and there is no rush to buy bottoms

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Grayscale once again increased its holdings of more than 7,000 bitcoins, but after reaching above 19,500 US dollars, it still did not catch the sell orders, and finally fell below 19,000 US dollars. From the current point of view, the price has fallen below the 5-day line, and there is a short-term support near the 10-day line. The OBV and the price have formed an echo and the decline is very smooth. There is not much resistance, and the decline is very healthy. Overall, the callback will continue. Those who want to buy the bottom can wait no longer.

BAGS rose by more than 5.0% within a day, and is now reported at $212.8968: according to data from Huobi Global, BAGS has increased by 5.08% within a day, and is now reported at $212.8968. The market fluctuates greatly, so please do a good job in risk control. [2021/3/30 19:28:06]

Continuing with the previous operation strategy, buy big drops, buy small drops, and small buys. You can place spot buy orders. The ladder-type pending orders of big drops, big drops, small drops, and small buys are more conducive to spreading the cost of receiving goods. Try not to touch the contract. The target position is around $17,300.

The average drop of algorithmic stablecoins today is 12.65%: According to Jinse Finance, the average drop of algorithmic stablecoins is 12.65% today. Among the 8 currencies, 1 rose and 7 fell. The leading currencies were: MITH (-24.84%), LUNA (-22.12%), and RSR (-20.21%). [2021/2/23 17:44:32]

WTI crude oil futures turned down within the day and are now at $12.83/barrel: WTI crude oil futures turned down within the day and are now at $12.83/barrel. (Golden Ten) [2020/4/28]

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Author: Niu Qi's Blockchain Analysis Notes

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