From the market point of view, Bitcoin and Ether are once again at odds. Ether has gone out of three consecutive negative lines and showed signs of stabilization today. Bitcoin, on the contrary, showed signs of a sharp correction today. This also proves that the current quotation of BTC is relatively watery, and I am afraid that there is still a downward trend. Room to fall. There is an obvious bearish trend on the daily charts of various technical indicators, and the currency price is likely to decline on a daily basis. Ether is getting farther and farther away from our support position. This point can retain our previous analysis point of view. If it does not fall below the 2000 position, we can continue to be bullish. Similarly, if an order falls below the 2000 position, we will directly enter the short position. The performance of the top currencies is still relatively impressive. Neither of them has directly fallen below the support below. However, there is always a premonition that the day when the space below will be opened will not be too far away. Of course, for now, we still follow the trend and do not blindly short. , support is in, just look long.

What we need to pay attention to in November is that yesterday the US Internal Revenue Service officially closed the consultation period for the new crypto tax reporting rules. I believe that the follow-up will only be more standardized for the currency circle. This can also be regarded as good news for us. . Once the United States officially implements the above rules and legalizes the currency circle and implements taxation measures, I believe we will be getting closer and closer to compliance. The prices of Bitcoin and Ether will also rise to the next level. Today, the U.S. CPI for October will also be released, and the Eurozone third-quarter GDP annual rate revision will be synchronized, which will once again prove whether our general direction is wrong. At present, the bears are still in the dominant position, and the range is still on the downside. The general direction has remained unchanged.

To answer the most frequently asked question by currency friends recently, there are always people asking Lao Cui when he will place a short order. Lao Cui almost always mentions this in his articles, but he is not asking everyone to take risks and go short. The time has not come yet. The article makes it very clear that you must look at the support. The support is the signal for our layout. Everyone, if you don’t have enough experience, it’s best not to go against the trend. Even if you miss the short market, you can’t make a mistake. If you want to get more profits, you must take corresponding risks. Let’s encourage each other! #BTC #比特币减半 #Web3Wallet #Poloniex