In line with the moving average, overall, the short-term is still dominated by bears, but once the upper rail position is broken, the bear market is declared over. Even so, Lao Cui also took a look at the daily chart. The seven-day moving average and the thirty-day moving average in the daily chart formed a cross today. In the later period, it is very likely that the seven-day moving average will cross the thirty-day moving average. For the long-term, the technical level is more favorable. The Bollinger Bands in the daily chart have not formed a closing pattern, and the bulls are still dominant. From this, it can be judged that the current trend is still in a rebound after bottoming out, and there has been no obvious change in the general trend.

Other numerical values ​​RSI and KDJ three-line values ​​are within the normal range, overbought and oversold phenomena have not occurred, and there is a trend of stabilization as a whole, and the overall trend is basically the same as our analysis yesterday. Short-term bears belong to the pressure-driven high callback pattern. At present, the observation point is the previous high point, which is also the upper rail position of the Bollinger Bands 2633-2650. Whether the position can stabilize and break through. From the overall technical data, it seems that the bearish sentiment has basically ended, and the next trend will be around the general direction of the bulls. In the remaining space, let's focus on the recent news level. + Lao Cui shi9527111 Mr. Zhao Changpeng, the former world's richest man and founder of the first exchange, is about to be released from prison. The emergence of this news also makes Lao Cui temporarily abandon his previous investment philosophy, that is, formally abandon the investment in exchange tokens. At present, Lao Cui only holds Ethereum and other currencies. For other currencies recommended before, everyone should also try to exit and wait. With the arrival of the bull market, try to do mainstream currencies.

As for the specific reason, it is also very simple. The platform token was chosen before because it was in the bear market stage. I believe that everyone has seen its performance. It can be regarded as a treat for everyone and a wave of blood. The growth of the platform token in the bull market is difficult to exceed Ethereum. At the cottage level, if you still hold cottage currencies, I believe that you have not yet been untied. There is no need to mention this too much. There are only two ways left for everyone, either to cut and invest in mainstream currencies, or to wait for the right time. Lao Cui prefers the first method.