The logic of this round of BTC's rise has changed from suspicion to follow suit. After three years of blockchain development, it has become a firm, determined, and market consensus. From the market consensus of technology upstarts to the consensus of the entire investment market, No one questioned the market position and value of BTC. Instead, they were all guessing at what price and value it could achieve. So we analyzed yesterday that the market consensus of BTC has been difficult to make it fall, so the probability of returning to 18000 and then falling is very low, and 18500 is the central axis dividing line of the 4H cycle center, and returning to within 18500 is the previous 1H cycle center. Internally, the 4H cycle center returned to the expansion stage, and the trend regained a wide contraction in the range of 17600-19200 in the 4H cycle center expansion interval.
ETH market analysis
Strictly speaking, this round of the rebound of the 4H cycle center did not break through and stand above the range of 570. It is still in a downward trend. The rebound trend can be seen from the quantity. However, the confirmation of the high bottom indicates that the consensus area at the bottom of the market is still very strong. Adding to the strength of BTC, it is difficult for ETH to fall to a new low again, but 570 will become a central axis of the 4H cycle.
Since there are no variables in the market fundamentals of ETH in the short term, it is a relatively high probability event to oscillate in the range of 530-570. In addition, I would like to remind once again that when the cryptocurrency in the digital world is gradually recognized by the traditional capital market, its willingness to configure will be strengthened, but there are few configurable targets in the digital encryption world, and it is indispensable as a cryptocurrency. The configuration subject ETH will be an indispensable configuration subject. Therefore, the long-term value, just from the perspective of market expansion, is enough for these targets to enter the ranks of hundreds of billions of market value.
XRP/LTC/EOS/BCH market analysis
Briefly describe the situation of the small mainstream. First of all, from the trend and market, the four little dragons are now the four little bugs. Because the big tiger ETH is now owned by Yaner, the four little dragons can't come out of the fox and fake tigers. From a fundamental point of view, we mentioned that XRP's market position is an alliance of decentralized transactions and has an unshakable market position. Lite Silver also has a certain market position in the market audience, and its operating mechanism can also support its market value. On the contrary, EOS has an embarrassing position in the market now. The fundamentals are basically in vain and the future is at a loss. The people who had a lot of EOS had already given up the hope of understanding arbitrage, just like the investors who bought PetroChina in the IPO. Just as Jianghu said, "Ask you how worried you can be? It is precisely that all positions are full of PetroChina", I know that there are many EOS friends who have full positions.
DOT/KSM market analysis
As the expectation of technological iteration, Polkadot is indeed the biggest expectation of all blockchain cryptocurrency players and technology developers in recent years. However, after more than 3 years of operation, the progress of its technological development has indeed not brought surprises to players. . But it doesn't prevent investors in the market from holding it madly.
Polkadot’s biggest current expectation comes from the auction of parallel chain card slots, and such expectations are around May next year, and the market will not react so quickly in advance. Therefore, the bottom grinding interval at the bottom of the market is still very long and requires patience to hold it. We don’t know what actions the main force will do before pulling up, but the main force has already had a lot of profits in the previous two rounds of washing. Repeatedly grinding the bottom at the bottom, absorbing low chips may be the best choice.
KSM has always been relatively independent due to the small number of retail investors and small plates, and the subsequent expectations may also be more exciting.