Stocks tumbled yesterday, triggered by a surge in Treasury yields that took them back to levels last seen at the start of 2020. If this is a reincarnation, then the United States may also have reached the stage head. The root cause of the U.S. stock market slump is actually similar to that of A shares in 2007. The Federal Reserve let loose water, causing excessive...
It dropped 18%, strong 15%, more than $3 billion. If this were the US dollar, I'm sure no one would be using it as a reserve currency anymore, but there are a lot of people claiming that they can accept bitcoin as a payment currency. I don't quite understand the logic. Yesterday, the US Treasury Secretary asked a similar question, causing a flurry of...
Human society, there have been a variety of laws, although some people try to break, but some so far, still determine the development of things. In the speculative market, the law of Twenty-eight Law has always been the same truth. If you agree with this rule, you should also know that this is not the norm. A long market, when everyone starts to make money,...
Yesterday, Bitcoin entered a technical rally cycle with a 4-hour bottom divergence. The rally is stuck on a trend line today. When the afternoon is about to break, the market suddenly came good. Musk changed his Twitter profile to Bitcoin. This set off a chain reaction in the market. The price of bitcoin skyrocketed. But I do warn you. Everything has its own...
It has been more than three weeks since bitcoin's daily adjustment, the longest correction so far in the current rally. But there seems to be no end in sight. I have posted a post before, to the CME gap expressed concern. At present, the jump vacancy mouth is still a bull need to pay attention to the problem. The next two days will see a lot of monthly and option...
Many people say that below $30,000 is hard to see, and it should be bought quickly, or the agency will not buy it later. This theory seems to have some difficulties, but can not help but examine.Digital currency market is highly opportunistic, in 2017, how many so-called big guys shout, let everyone go to the market, say how much money will not be sold. But at the...
The beauty of speculation is that you never know who is going to win. In a casino, anyone can be a winner if they don't cheat. So the casino can attract countless people to participate in the so-called "princes and generals are all in peace"? This logic has been put into full play in the digital currency market over the past decade, and while we've seen...
Bitcoin doubled in more than 20 days and is now trading in thousand-dollar amplitudes. All the short sellers were blown up. Will Bitcoin really go to the sky? More and more Morgan is predicting bitcoin will hit $140,000 in a short time, while more say institutions are now buying bitcoin as an asset allocation. In this climate of public opinion, people started to...
The year 2020 is coming to an end, and I wish you all the best luck and prosperity in the New Year. Okex quarterly contracts today suddenly out more than $1 a, this is the recent position high, also namely later in February 2020, the peak position, we all know that each time a contract position close to the peak, is also the biggest long-short differences, then...
Bitcoin continues to hit new highs, which should be a happy day for all the bulls. But we all know that when you're accelerating, you're also getting close to the top. After topping $20,000, bitcoin was rising at a rate of almost $1,000 a day. Due to the technical problem of the weekend suspension of CME, there was a weekly level jump opening on Monday. If this...
The year 2020 will leave us. It has been a challenging year, a year since the outbreak began, with more than 79 million people infected and 1.7 million dead. Countries in the economic crisis, the world leader of the United States, in order to deal with the outbreak of the dollar, leading to abundant global liquidity, commodity inflation. But for the digital...
Speaking of A-shares, I am very optimistic about the trend of the next decade, because A large number of institutional investors enter the market, the demand for high-quality assets is becoming more and more obvious, so A good track is the key to win steadily. In the past 20 years, the Internet is undoubtedly the most powerful outlet for A-shares. Even without...
The digital currency market doesn't have a lot of fundamentals to back it up, it's more of a chart hype, so the repeatability of history is extremely important. In the past week, we have seen the market in high volatility, although there are still continue to come out grayscale holdings of news, but the price is increasingly stagnant. In fact, any positive...
Bitcoin fell sharply after it formed its head and shoulders. In fact, the history of the formation of the head and shoulder, the success rate is not high, we see the June arc top ended in failure. But this time it seems very standard, and in the surrounding market has not yet appeared before a sharp decline in the formation of shorts should be considered very...
The top of the head and shoulder is a very common top pattern, but in the digital money market, the success rate of this pattern is not high. Bitcoin, at least, has appeared many times before and failed. Bitcoin has been trading at a high level for two months now, and because surrounding markets have been stronger and gold and U.S. stocks have not fallen, it...
This year has been different. Both bitcoin and mainstream currencies have been tepid, doubling from the bottom, but nothing special compared with the surrounding markets. But some tokens based on the defi concept hype, really hot. Link has risen tenfold and made it into the top 10, and there are many more. There are a lot of tokens I can't name, and I don't know...
At present, if Bitcoin continues to go up, the resistance is not small, I summarized the "three mountains" First, the gap in the CME. CME is the CFTC-approved compliant bitcoin contract market, and although bakkt began to join last year, CME's bitcoin contract market remains highly influential. And the logic that CME's Bitcoin contract has a gap to fill has...
Operation suggestion: after the steep rise, do not rush to make the judgment of trading, the market needs to repair, need to gradually calm down, this time the entrance risk is very big, especially the people who do the contract, long short double kill situation is common. The CME has a time-sharing gap, now both up and down, so the possibility of covering the...