Yesterday, the market continued to increase in volume, and began to fluctuate upward in the morning. Until today, the market pin reached around 36,000. However, it did not stabilize, but quickly fell back to around 32,500. The market is currently recovering around 34,500. Running. From the four-hour technical structure, the Bollinger Bands still open and move upward. The market is currently running on the upper track of the Bollinger Bands. The MACD long volume column continues to increase the volume. The three lines of the KDJ indicator go parallel and upward. The shorts are relatively weak. A wave of pins were inserted in the morning. Pulled to around 36000, the support below is still very solid, and the trend structure remains at a high level, indicating that the overall trend is also biased toward the long side. Therefore, under this strong rhythm, it is recommended to go back to the low and long positions as the mainstay and the high position as a supplement. Tuesday noon operation suggestions: BTC: If the target is near 34000, look for a target around 35000-35500. If the backhand does not break, the stop loss is 300 points.

Hello everyone, my name is Yi Wen. Yesterday, Bitcoin continued to increase in volume. It started to fluctuate upwards at the opening of the market in the morning. Until the early morning, the market pin reached the 35998 line. However, it did not stabilize, but quickly fell back to 32528. On the front line, the current market is stable around 33,000 and is undergoing recovery and recovery. From a technical structure point of view, at the 4-hour level, the Bollinger Bands still show an upward trend. The currency price is currently running on the Bollinger Bands. The overall trend is still in an upward channel. From the MACD, the bullish volume column has begun to shrink. The third line of the KDJ indicator showed signs of turning, and the impact was not big. The short sellers were relatively weak. In the morning, a wave of pins was pulled to 35900. It is currently in the callback stage. In this volatile market, the upper pressure support is still very solid. Looking at the overall situation, The lowest currency price yesterday morning was around 29,600. The lowest currency price today is also around 30,400. It is currently correcting around 33,000. The bulls are strong. There is still some room for release above. The market trend is also undergoing a strong correction. After the correction is completed, , the currency price will probably rise again, so today’s thinking is still to remain bullish. The operation recommendation on Tuesday morning is to go long near 32600-32800 for BTC, and the target is above 33800-34000.

In the virtual currency market, bull markets and bear markets appear alternately, constantly promoting the development and evolution of the market. However, this market is still full of uncertainties and risks. This article will explore whether the bull market in the currency circle will come again, and when the next bull market may occur. It has been 13 years since Bitcoin was launched in 2009. During this period, the virtual currency market experienced three major bull markets. These three bull markets were all driven by the surge in Bitcoin, so the price of Bitcoin can represent the price of the entire virtual market. The first bull market occurred from January to December 2013, when Bitcoin rose from $13 to $1,147, an increase of more than 1 million times. The second bull market was from January to December 2017. Bitcoin skyrocketed from US$789 to US$19,878, an increase of more than 24 times in one year. The third bull market occurred from March 2020 to November 2021. Within a year and a half, Bitcoin rose from US$3,800 to US$69,000, an increase of more than 90 million times. However, the virtual currency market is too speculative and most currencies have no practical value, which has led to many countries not recognizing these virtual currencies. Therefore, many countries, including ours, not only do not recognize virtual currencies, but also vigorously crack down on the trading and speculation of virtual currencies. It was not until the bull market started in 2020 and the price of Bitcoin exceeded US$50,000 that virtual currency officially attracted the attention of the world. History will not simply repeat itself, but it will be surprisingly similar. The bull market in the currency circle over the years has been driven by Bitcoin, and the bull market in Bitcoin is generally driven by the halving market. Many people try to predict future trends by studying past historical trends. However, although the three bull markets in history seem to follow regular rules, they also require the joint catalysis of many other factors to create a bull market. You can't simply carve a boat and ask for a sword, otherwise you will mislead others and yourself. As for when the next bull market will arrive, it is now certain that the next halving of the pie will be in early May 2024. According to experience, there is a high probability that the bull market will start 3-6 months before the halving, that is, around the first quarter of 2024. However, this only takes into account the Bitcoin halving alone and does not take into account the impact of other factors.At present, the connection between the virtual currency market and the traditional financial market is getting closer and closer, which also means that the trend of the virtual currency market will be affected by the traditional financial environment. For example, this bear market is largely caused by interest rate hikes. According to the global interest rate hike storm, most economists expect the Federal Reserve to continue raising interest rates until the first quarter of 2023. In general, although the exact time of the next bull market cannot be determined, based on the historical halving market and the impact of the traditional financial environment, we can preliminarily infer that the next bull market may occur around the first time in 2024. However, this is just a prediction, and market trends are affected by many factors, so investors should remain cautious and rational and not blindly follow the trend.

It's a new week, hello everyone. Yesterday, Bitcoin began to fluctuate upward after the opening. In the afternoon, the price reached the highest level of 30323. However, it did not stabilize and continue. Instead, it quickly fell back under pressure and fell to the lowest level of 29626 to stop falling. After a night of shock recovery, the current price of the currency has stabilized and fluctuated around 30,300. From a technical structure point of view, at the 4-hour level, the Bollinger Bands still show an upward trend, but the opening is gradually narrowing. The currency price is currently running on the upper track of the Bollinger Bands. The overall trend is still in an upward channel. After each pull-up, the currency price The price will quickly retreat and enter a consolidation stage. It is currently in this state. From the MACD, the short volume column has begun to increase in volume, and the three lines of the KDJ indicator have gone out of a parallel shape. In this volatile market, the upper pressure support is very solid, and overall Judging from the situation, the currency price did not fall below 29600 yesterday. The support level is getting higher every time. The currency price also frequently hits the 30,000 mark. This shows the strength of the bulls. The day-to-day thinking is still based on the low-long thinking! Monday morning operation recommendation is BTC 30100-30200 range with multi-target 31000-31500 and defense 29700. If you are in a confused period and don’t know how to operate, you might as well come and communicate with Yi Wen. Maybe a sudden turn around can enlighten you and lead you out. Dilemma.

Yesterday's trading conditions were mainly volatile. The white market basically fluctuated up and down about 200 points. We have been bullish on Silk Road since the morning. Fortunately, I was not left waiting in vain. At noon, the pin was inserted to around 29100. During the day, Our Shipan successfully gained 630 points in pie and 12 points in ether. The winning streak this week is still stable. Judging from the technical structure in four hours, the Bollinger Bands are shrinking, but the currency price is still running stably above the middle track. The currency price rose slightly in the early morning, but did not stabilize effectively. It is currently repairing the callback, and the short energy is gradually increasing. However, the lower support line of 28,000 is still valid, and my personal thinking during the day is still low and long. Thursday morning operation suggestions for BTC: go long in the 28000-28200 area, target 28800-29100, defend 27800ETH: go long in the 1540-1550 area, target 1590-1600, defend 1520. If you are in a confused period and don’t know how to operate, you might as well come here After talking to Yi Wen, maybe a sudden turn back can give you enlightenment and help you get out of the predicament.

Looking at the four-hour technical structure, Brin's mouth opens upward, and the currency price runs below the upper track. MACD is about to form a golden cross, and the bullish energy column shrinks. KDJ is dead cross downward, but after the price correction throughout the afternoon, it can be clearly seen that the short momentum is insufficient. At around 6 o'clock, the price fell back to around 28200, showing signs of fatigue. The currency price is currently consolidating at a low level near 28300. In the evening, the layout is still based on the idea of ​​​​lower prices. The operation recommendation on Wednesday night is that BTC is in the range of 28200-28400, and the target is 28800-29100, and the defense is 28000 ETH, and the range is 1575-1570, and the target is 1600-1620, and the defense is 1550

On July 4, a private chat recording about Li Xiaolai, a popular figure in the "currency circle", was circulated online. The reporter heard the recording and showed that Li Xiaolai talked about the consensus value of the blockchain. Li Xiaolai said that those who emphasize that they believe in value investing are XX (Indecent words are omitted with "XX" in the article). When it comes to consensus value, XX consensus is also consensus. The recording caused controversy in the blockchain industry. Some people believed that his remarks about "speculation and deception can lead to success" told the truth about the industry; however, more people in the blockchain industry publicly expressed their dissatisfaction with him. On July 4, Li Xiaolai posted on Weibo, seemingly responding to the incident, saying, "When I speak in private, I use a lot of swear words. I also like to study the ways of swearing in various languages." Blockchain and currency issuance are closely related, but "currency issuance" does not mean "blockchain". After ICO was stopped by domestic regulation, industry speculation and bubble problems still exist. "The underlying technology of tokens is blockchain. Without blockchain, there would be no tokens, but blockchain itself is an independent and innovative technology with wind vane significance." Hou Tai, Deputy General Manager of the Legal Department of China Construction Bank Leader said that, therefore, to rectify the relationship between tokens and blockchain, we must not only prevent financial risks, but also support technological innovation. In the audio of the "cutting leeks" speech, Li Xiaolai mentioned that he helped sell "air coins" for a well-known public chain project for six months. "I was the first person to sell him air coins. We sold him air coins for six months, otherwise he would not be where he is today. Looking back now, he is really an awesome liar, and he looks so good. Handsome, walking around." Talking about the consensus value of blockchain, Li Xiaolai emphasized that those who believe in value investing are XX. When it comes to consensus value, XX consensus is also consensus. "I don't know what to say when discussing in the three o'clock group now. If I tell them the truth, my fragile little mind will be ruined long ago. Whether it is investment or speculation, success is achieved by making money. There is only one core purpose and goal. , make money." Judging from the recording content, Li Xiaolai is very methodical about "cutting leeks" and is outspoken about his methods of attracting fans, building IP, and building communities to become a "coin circle boss." “I am actually an Internet celebrity. I have a large readership. In this world (in the virtual currency field), who has 1 million readers like me?So there was an explosion in an instant. In the bear market, I did another thing. I started writing a column. If you can't make money in the bear market, you just need to gain popularity. I opened a WeChat public account. The next year Luo Zhenyu helped me sell books, and I immediately collaborated with him to open a column. When the big bull market comes, my influence becomes even greater than before. The core competitiveness here is people flow. What's next? How can you deceive this matter? Don't interpret deception as a derogatory term. "Li Xiaolai was once a star lecturer and best-selling author of New Oriental, and later joined the cryptocurrency industry by investing in Bitcoin. In addition to imparting experience, Li Xiaolai also "commented" on blockchain star projects such as Ethereum and EOS, and mentioned many Industry insiders say, “A liar sees everyone as a liar. " Binance co-founder He Yi responded on Weibo. On September 4 last year, after the central bank and seven other ministries and commissions characterized the initial coin offering (ICO) as illegal fund-raising and made liquidation requirements, the domestic platform was closed and most of the Some projects have had their coins refunded. Chen Weixing, chairman of Fancheng Capital, told reporters that the development of blockchain is now facing problems of speculation and bubbles. "Some projects are capital disks, and some projects can be priced multiple times. Currently, within the industry, there is more of a speculative consensus on technical concepts than a visionary consensus on solving problems. The market is severely lacking in governance and is rife with fraud and chaos. We want to really do something valuable, a shared economy based on blockchain trust, and build a labor community with mathematical trust. ""Token" and "Blockchain" Blockchain is a technology, not just a token. "The underlying technology of tokens is blockchain. Without blockchain, there would be no tokens, but the blockchain itself But it is an independent and innovative technology with wind vane significance. Hou Tailing, deputy general manager of the legal department of China Construction Bank, said that to correct the relationship between tokens and blockchain, it is necessary to prevent financial risks and support technological innovation. He believes that in many cases, the difference between Blockchain is only used as a technology for creating tokens. This is mainly because: first, blockchain was born as the underlying technology of Bitcoin. Its inventor’s original intention was to create a digital currency to challenge legal tender. The system is not about developing a new technology alone, so this technology has been regarded as a "coin" technology since its birth.Second, blockchain has not yet reached the mature stage of replacing existing technologies. Being tied to tokens can not only attract capital and aggregate wealth, but also stimulate technology research and development, thus promoting the continuous improvement of the technology itself. Therefore, most blockchain projects after Bitcoin have followed the model of issuing tokens. As a result, while blockchain technology is constantly improving, its "coin" function has also been continuously strengthened. Third, companies can use the blockchain to conduct ICOs to circumvent the regulatory system and raise funds publicly or even illegally under the banner of financial innovation. Therefore, the financing function of the blockchain has been exaggerated. The price of tokens has skyrocketed, and people have no interest in tokens. The attention paid to the currency far exceeds the technology itself. However, the technology itself is being recognized and adopted by various industries. The "2018 China Blockchain Industry Development White Paper" released by the Information Center of the Ministry of Industry and Information Technology shows that as of the end of March 2018, my country's main business is blockchain business. The number of companies has reached 456, covering upstream hardware manufacturing, platform services, security services and downstream industrial technology application services, as well as various fields such as industry investment and financing, media, and talent services to ensure industrial development. Yang Dong, a professor at Renmin University of China, believes that the new interest pattern and distribution mechanism carried by blockchain technology will bring about higher-dimensional changes in economic formats or regulatory policies. Because it is actually convertible and redeemable from ordinary to digital, currency, and legal levels, it will be identifiable, trackable, and tamper-proof, including there will be very big breakthroughs at the level of value, proof of rights, and social consensus. Chen Weixing said that the blockchain plays three main roles. One is to witness the ledger: a decentralized ledger record witness to replace the accounting intermediary. The second is to witness the contract: decentralized contract execution witness to replace the contract intermediary. The third is to protect the value of private data: return the data value to each user. In his view, relying on the trust of blockchain technology encryption algorithms reduces the cost of trust intermediaries to redistribute profits and allow labor producers to obtain 80% of the labor value. In how to regulate the development of blockchain, supervision undoubtedly plays an important role. Talking about my country’s regulatory attitude towards blockchain and digital currency, Yin Zhentao, deputy director of the Law and Finance Research Office of the Institute of Finance, Chinese Academy of Social Sciences, believes that “the attitude is very clear. ICO is illegal, transactions are prohibited, and blockchain technology is Supported.As for Bitcoin, as a virtual currency, it is not prohibited. If there are some transactions surrounding Bitcoin or virtual currency, there will be legal precedents to support it at the court level, and it will have a clear legal status. For assets like Q Coin, users can also appeal, but its application scenarios are different. "Token chaos needs supervision, and blockchain technology needs support. Hou Tailing believes that an effective rights protection and interest confirmation mechanism, a sufficiently open and well-managed "data property rights exchange" can not only improve The financial regulatory mechanism can also promote the leap of blockchain technology and create a huge attraction for innovative technologies and venture capital around the world, thus achieving the effect of bringing together advanced technology and international capital. What should we pay attention to during the development of blockchain? , Chen Weixing said, "Blockchain will undoubtedly change the world, greatly save trust intermediary costs, and solve the risk of the middle-income trap, but it must be standardized and transparent, information vulnerable civilians must be protected, and all value processes must be gradually differentiated. Blockchain can be trusted and programmed, and must be aimed at stimulating actual wealth creation. "Chen Weixing said that the focus of the future is the trading market. In the future competition among economies in various chains, whoever can control the community and grasp greater value will be more competitive. He is currently working with the former co-founder of Meituan Yang Jun launched a project to use blockchain technology to match the taxi-hailing business between drivers and passengers. Huang Zhangkai, associate professor of finance at Tsinghua University, believes that “emerging things are always accompanied by all kinds of chaos: bubbles, speculation, fanaticism, lies, and even fraud. The emergence of transformative fields in history all has these characteristics. But if we seek stability in everything and ban it, while eliminating risks, we will also lose the future. "Therefore, he called for regulated ICOs and digital currency exchanges to be released within the country as soon as possible, both from the perspective of promoting innovation and maintaining macro stability.

Bitcoin is based on blockchain technology and is an innovation in the field of cryptocurrency. - Blockchain technology provides distributed ledgers and decentralized features, making transactions more secure, transparent and tamper-proof. - This revolutionary technology gives Bitcoin its irreplaceable status, establishing its reputation as the most highly rated currency. 2. Bitcoin Scarcity and Value Reflection - The total amount of Bitcoin is limited, and the default upper limit is 21 million. This fixed supply gives Bitcoin a high degree of scarcity, thereby increasing its value. - Scarcity stems from the algorithm design of mining and the introduction of a production reduction mechanism, ensuring that the supply of Bitcoin gradually decreases. User identification, recognition, and demand for Bitcoin continue to grow, causing scarcity to be further reflected in its value. 3. Decentralization and security are the advantages of Bitcoin - The decentralization characteristics of Bitcoin mean that no institution or government can control its issuance and circulation. - The benefit of this feature is that it eliminates single points of failure on key nodes, making the Bitcoin network more secure and stable. - Bitcoin uses cryptography and consensus algorithms to ensure that transactions are irreversible, avoid tampering and fraud, and provide users with a high degree of transaction security. 4. Extensive exchange support enhances the liquidity of Bitcoin - Bitcoin has been widely supported in many well-known exchanges, such as Binance, Huobi, Coinbase, etc. - These exchanges provide high liquidity and a wide selection of trading pairs, increasing the convenience for users to participate in Bitcoin buying and selling. - The diversification and competition of exchanges further promote the maturity and development of the Bitcoin trading market. 5. Other factors affecting the value of Bitcoin - Global economic status and geopolitical situation: Bitcoin prices are sensitive to macroeconomic and political influences and may be affected by global events and financial market fluctuations. - Technology development and application expansion: As a digital currency, Bitcoin’s continued technological innovation and application expansion are expected to further enhance its usage scenarios and social recognition. 6. Bitcoin’s status as a safe-haven asset – Bitcoin is viewed as a safe-haven asset when economic uncertainty and inflation risks increase. - Due to its decentralized nature and fixed supply, Bitcoin is immune to government manipulation and inflation, and therefore is able to maintain its value to a certain extent.- Globally, more and more investors are considering Bitcoin as an important part of a diversified investment portfolio. 6. Increased global community support and market recognition: Bitcoin has a large and active global community that is committed to promoting and developing Bitcoin technology and ecosystem. - As more merchants and institutions accept Bitcoin as a payment method, Bitcoin's market recognition is gradually increasing. - These increases in community and market recognition further solidify Bitcoin’s position as the top rated currency. 7. Future development potential and popularization promotion - With the advent of the digital era, the popularity and application scenarios of cryptocurrency will continue to expand. - As the first and most representative cryptocurrency, Bitcoin has great potential for continued development and promotion in the future. - As technology advances and market demand for cryptocurrencies grows, Bitcoin is expected to further increase in value and develop.

Hello everyone, I am Yi Wen. Yesterday, the market basically maintained within the shock range, and the volatility did not give much room. The idea given yesterday morning was to go long in the 28000-28200 range. At noon, I was also out of the market and won 300. Please save some space and I believe you can have some snacks with your friends. Judging from the 4-hour technical structure, the Bollinger Bands showed an upward opening state. After the currency price went out of 4 consecutive positive days, it began to fall slightly, but the downward force was not large. The currency price was also stably operating above the mid-track, and the KDJ third line was about to Adhering to the upward trend, the energy of bulls is also continuing to increase. My personal suggestion during the day is to continue the layout around the idea of ​​​​low and long. It is recommended that BTC be in the range of 28200-28100 on Wednesday morning. The target is 28600-28800 and defend 27700 ETH. The range is 1560-1550. The target is 1600-1610 and the defense is 1530.

After the market experienced a strong increase yesterday, it can be seen that the market has returned to dullness during the day, with only a few hundred points of room for increase. However, for a qualified leader, as long as there is room, there will be a bright leap, and the long order prompted in the morning , there is also a little beauty in the evening. Opportunities never come by waiting, what we have to do is to be good at seizing opportunities and seize them. From the 4-hour technical structure, the Bollinger Bands are in an open state, the currency price is above the middle track, the KDJ three lines form a dead cross and diverge downward, and the energy of the bulls is also gradually shrinking, but it can be seen from the disk that the currency price is at After yesterday's sharp rise, the upward channel was successfully opened. Although the market did not fluctuate much during the day, the currency price always fluctuated near the upper track. It may go lower in the evening, but according to the current bullish trend, the retracement is not expected to be too big, so I am still bullish this evening. Operation suggestions for Tuesday night BTC: 28200-28100 range, target 28600-28800, defend 27800ETH: 1570-1560 range, target 1560-1620, defend 1540#etf #ape

Everyone envies the currency investment market for making money quickly, so many people are ready to make a move, so they invest their hard-earned money to give it a try, but the result is not what they thought. In fact, a good attitude is very important when it comes to investment and financial management. Next, let’s talk about the psychological thoughts encountered by investors who have just entered the currency circle or are investing in the currency circle market. 1. Blind and bold mentality. Some currency friends have never studied investment theory skills seriously and systematically, nor have they undergone any simulation training. They do not even understand the basic investment knowledge, so they rashly enter the currency investment market and participate in it. Investment, the rapid depreciation of its capital account will be an inevitable choice. Once some currency enthusiasts find that market prices fluctuate significantly, they boldly enter the market without thinking, and are often trapped or even liquidated. The Buddha is destined to bring someone with me, and I have a loved one! Welcome currency circle friends to come for consultation. 2. Lack of patience Some currency enthusiasts wish that once they enter the market, the price will move in a direction that is beneficial to them. It is best to move in a large way to realize their desire to get rich overnight, but the probability of this happening is very small. In most cases, after entering the market, the market price always seems to be against itself, moving in the opposite direction. This is the time to test the patience of currency friends. You must strictly follow the original operation plan. Don't be like the monkey who got the sesame seeds and lost the watermelon. You make a small profit and throw it out in a hurry. Often, the gain outweighs the loss. 3. The mentality of not wanting to give up everything There are countless investment opportunities in the currency investment market. However, investors’ time, energy and funds are limited, and it is impossible to seize all investment opportunities. This requires currency friends to make choices, and selectively give up small investment opportunities by weighing the priorities of various investment opportunities, the size of hot spots, etc., so that they can better grasp larger investment opportunities. 4. Greed and fear mentality Even a smart person will become stupid when he has fear. In the currency investment market, fear often causes currency friends to abnormally perform their investment, make repeated mistakes, and ultimately lead to investment failure. Therefore, fear is the biggest obstacle for currency lovers to make profits in the market.Although most currency friends can understand what I said, very few can use it flexibly in operations, resulting in losses in the investment market. Operating philosophy: 1. Follow the trend, do not predict the trend, go long on dips in the uptrend, short on the highs in the downtrend, and do not trade against the trend. 2. Strictly control positions, coexist risks and returns, and adhere to long-term stable transactions. 3. Strictly set stop-profit and stop-loss, a small stop-loss can lead to huge profits. The Buddha is destined to bring someone with me, and I have a loved one! For a successful investor, personal ability is essential, and trading experience is also an important factor, but the premise of these conditions is that investors must have a healthy and good trading mentality. Only in this way can we go further and further in the field of currency investment. I wish all currency friends that every effort they make today will be rewarded tomorrow.

The pace of the bull market is getting closer and closer. There are only 195 days left before the Bitcoin halving. The "chaos" to the global economy has also made countless people "anxious". Will there be a bull market in 2024? Will the bear market extend to 2024? Will there still be a big bull market in the currency circle with halving in four years? Recently, war has started in the Middle East. Will the currency circle be affected? There are even many people who are worried about whether BTC will return to 0? ...and so on, coupled with the recent market trend, some sub-mainstreams and copycats have begun to decline a little bit, and have begun a new round of bottoming out, such as DOT, ADA, ETC, etc., with no sign of stopping the decline, a kind of "panic" "The atmosphere is gradually spreading again. I originally thought that the three years of the epidemic would be the most difficult. Now I find that after the epidemic, there will be more: nuclear sewage in the small days of crisis, the Russia-Ukraine war, the Palestinian-Israeli war, and the 3,000 A shares. The collapse of real estate and the halving of these are all long-term: the bad news has made countless people truly realize: there is no future, how frightening it is. However, behind the crisis, there must be opportunities hidden. The current environment has begun to reshuffle a new round of wealth. Distribution has also begun. Even if the global economy is not ideal, looking at the market trend of BTC, it is not as pessimistic as everyone imagined. However, for novices in the currency circle and those who do not understand technology, the inner worry is still It’s hard to hide it, but the movements of the body are the most honest. Although I have considered many risks, I still have no sense of risk control whether I should buy coins or not. Compared with the risks, I miss the market rise and feel even more uncomfortable. I have been rushing to enter the market recently. People, it’s extremely painful. If you have a better way to make money now, I don’t recommend you to come to the currency circle. But if you don’t have better choices and ways, then you must: calm down and ask yourself why you are in the currency circle. In the financial market where 260 million people participate, can you not lose money or even realize your dream of dozens of times returns?

Hello everyone, my name is Yi Wen. Yesterday, the market saw a sharp rise. The market first stabilized around 27,000 in the morning yesterday and then rebounded. In the afternoon, it made a wave of upward movement to around 27,900. Then the market fell into a shock around 27,700 until Affected by the news in the evening, the market first strongly rose all the way to the highest pin near 30,700, and then the market quickly fell back to around 28,000. The current market is fluctuating around 28,100. Looking at the four-hour chart from the technical structure, we are currently in a rising wave that is pausing and gathering momentum, with yesterday’s starting point of 27200 as the bottom support. After a sharp rise and fall, it will take time to fluctuate and consolidate the range. The overnight volatility news has played a role It has a great assisting effect. Returning to the technical side will reduce the operating space. Today, the short-term operation is more, and if the pressure does not break, then go short. The point is first and the trend is later. Tuesday noon operation suggestion BTC: 28000-28200 area, target 29000, defense 27700ETH: 1580-1575 area, target 1630, defense 1550

Cryptocurrencies suddenly surged near the opening of the U.S. stock market on Monday (October 16). Bitcoin once rose from less than US$28,000 to US$30,000 per coin, with an intraday increase of more than 10%, and then quickly fell back to around US$28,000. In addition to Bitcoin, U.S. blockchain concept stocks also strengthened at the beginning of the session. Coinbase once rose nearly 8%, and Riot Platforms and Marathon Digital rose by more than double digits. It is understood that the surge in cryptocurrency-related assets began with an unconfirmed report. Earlier in the day, the American "Cointelegraph" website, which focuses on encryption information, announced on social media that the U.S. Securities and Exchange Commission (SEC) has officially approved the "iShares spot bitcoin ETF" (iShares spot bitcoin ETF). iShares is an ETF brand owned by BlackRock, an internationally renowned asset management company. Market analysts said that investors have been waiting for news about BlackRock’s ETF application. If it is approved by the SEC, it is expected to promote investment in the industry. However, the report soon reversed. BlackRock stated through multiple media outlets that the listing application for the Bitcoin spot ETF is still under review by the SEC. Sources close to the SEC told the media that Monday’s report was inaccurate. Cointelegraph also deleted the post on social media and apologized. Cointelegraph wrote, “We apologize for a tweet that spread inaccurate information about the BlackRock Bitcoin ETF. An internal investigation is currently underway. We are committed to transparency and will share the investigation with the public within 3 hours once it is concluded. Result." Following Cointelegraph's apology, blockchain concept stocks fell back quickly, and Bitcoin returned to around $28,000. Analysts believe that in addition to the regulatory uncertainty of the SEC, cryptocurrencies have also been plagued by sluggish trading volume and liquidity, which is why Bitcoin has been unable to stand above $30,000 for a long time.

Good morning! Yesterday's fluctuations of up and down 6,000 points completely aroused the restless hearts of the majority of currency lovers. The big pie first pulled up strongly and broke through the 30,000 mark, reaching as high as 30,720. Although it was just a flash in the pan, we laid out the bullish ideas in advance to accurately attack. Judging from the 4-hour technical structure, the currency price started to rise from around 26530 until it reached the high point of 30680 and ran on the upper track. After the pressure channel went on the track, there were some downward adjustments. Although there was a decline, the cycle is still there. During the short squeeze, the Bollinger Bands are now open. The MACD bullish energy column alternates between virtual and real, and continues to expand. The volume is sufficient! All signs point to a bullish trend. I also said yesterday that as long as the currency price stabilizes above 28,000, the follow-up will still be dominated by bulls. Tuesday morning operation recommendation BTC: go long in the 28200-28000 area, defend 27700, target 28700-29000 ETH: go long in the 1570-1580 area, defend 1540, target 1630-1650

In 2016, Zhang Peng launched Task Gang, which reached its climax in 2017. Many people made money in Task Gang, and Zhang Peng's popularity also reached its peak. Although the mission gang collapsed later, Zhang Peng's reputation for creating the divine disk spread. It coincided with the start of the digital currency bull market at that time. After research, Zhang Peng felt that he could put the capital market model into the coat of blockchain for harvesting, so he successively operated many projects overseas. Here are some of them: Quanmin Group, Projects such as DCF, Meisheng, Tianyin Short Video, Asia Exchange, and Middle East Mining all ended up being violently harvested. Because he is still managing projects, Zhang Peng needs a luxurious life to maintain his successful persona, but the life cycle of the projects he manages in the later period is getting shorter and shorter. People around him saw Zhang Peng's decline, and felt that Zhang Peng's ideas had lagged behind the market and that it was impossible to create another gang. They all fell into disgrace and Zhang Peng could no longer control them. Until Zhang Peng was involved in an assassination case a few months ago, Zhang Peng chose to return to China voluntarily and is currently detained in his hometown of Jianli County.