News:
According to relevant data, as of 16:30 today, Uniswap's current total lock-up volume is approximately US$1.85 billion, a decrease of 42.16% from the previous month. Among them, the liquidity of tokens such as ETH, WBTC, USDT, etc. all dropped sharply. The current total liquidity of ETH is approximately US$768 million, a 46% decrease from the previous month, while the total liquidity of WBTC and USDT is US$194 million and US$191 million, down approximately 59% and 41%, respectively. The total liquidity of USDC and Dai also fell by 56% and 35%.
BTC market analysis:
From a technical point of view, the Bollinger Band orbit is wide open, and the currency price is currently operating in the upper area. Yesterday, the six consecutive positives until the close of the high point, the MACD fast and slow double line turned up in a dead cross posture, the bull energy continued to increase, KDJ The third line converges slightly and runs around 80.
In the figure, we can see that yesterday’s market went straight to the sky. The highest coin price broke through the Bollinger Band and came directly to around 16800. Today’s morning market was under pressure and pulled back to a low point of 16577, showing everyone a state of range consolidation. A correction for a correction is for a better rise. The long-short contention will definitely hurt. Then we don’t need to worry about it. Then Yihe believes that we only need to enter the market steadily in the pressure-returning range, and wait for the market outlook to erupt in the trend. And for!
BTC operation suggestions:
1. Call back and enter the market near 16550. The target is 16650-16750. If you break the position, you can continue to hold
2. Rebound near 16850 and enter the market with empty orders. The target is 16750-16650. If the position is broken, you can continue to hold
Wen/Yihe More real-time analysis strategies focus on Yihe to directly hit the global blockchain hot spots, share BTC skills, unique insights in professional knowledge, and a sea of technical knowledge to help you stay at the forefront of cryptocurrency.
There is a delay in review of the article, which is for reference only. Investment is risky. Be cautious when entering the market!
That's all for today's explanation, see you in the next article!