Constantly working hard every day, it is more like the struggle of Bei Piao, because he has no fixed place, so the landlord will issue an eviction order at any time. The blockchain world is to solve the bullying that hegemonism brings to the bottom people. The beneficiaries of the development of blockchain technology are the top and bottom people. The people in the bottom world will directly complete the top-level design and eliminate the middle-level people. Exploitors make the truly capable people stand out. The power born with the golden key gradually disappears. Human society will enter the new era of Internet-based blockchain and look forward to a fairer world.
You can transfer this public account to friends around you who need it, and Cranium will live here first.
Tether printed 8.5 billion usdt in February. The crazy money printing has not stopped. The bull market will continue. Recently, Tether has been involved in the mail door. However, the madman believes that the risk of USDT is controllable and there is no need to worry too much.
U.S. 10-year Treasury bond yields began to fall, which is positive for U.S. stocks and cryptocurrencies.
The number of addresses with bitcoin balances greater than 1 BTC decreased by 5,048 compared with February, and there were 842,600, 16 with 100 BTC, and 16,496. The number of non-zero addresses was 36.21 million, an increase of 5.82% from February. Overall, the reduction in holdings is not large. This can also be seen from the SOPR index. The value has turned negative for the first time in the past 5 months, indicating that the profit-taking situation is weakening, and it means that the number of investors who are settled has begun to decrease.
Google Finance has added special tags to cryptocurrencies, including BTC, ETH, LTC, BCH. In the hearts of foreigners, these coins are mainstream currencies. Even if the market value of many coins has surpassed BCH and LTC, they still have not entered the tradition. Financial vision, so these coins will not be bad in the future, because the new leeks will at least participate in the currencies they are familiar with.
The panic and greed index 38 turned into panic, and the currency circle is completely market-oriented, and the conversion between greed and panic is also on the line. The faster the callback, the more people have the illusion of a continuous decline, so he rebounded. It is generally not wrong to be an emotional retrograde person.
Market analysis
Bitcoin:
From 58,000 to 43,000, the decline has stabilized, and the decline has exceeded 25%. This decline is normal for a wave of violent rebound. Today’s rebound is very large, releasing long-repressed long-term sentiment. The market as a whole will still be in In the shock interval, according to the current trend, Bitcoin has a higher probability of further rebounding to the 49000-50000 interval. Support 45000 below, sell high and buy low on its own.
ETH:
Today’s sharp rebound has something to do with the online interview with V God last night. He said that he must pay close attention to solving the expansion problem. With Rollups, the transaction volume can be increased by 100 times. Later, he plans to form a chain and then shard, which gives the market a lot of money. Confidence, like Bitcoin, has rebound pressure at 1590 and support at 1410, and the overall market has not broken away from shocks.
DOT:
Continue to stay horizontally high, but the amplitude is large. Once Bitcoin stabilizes after this trend, there will be a new high opportunity.
LINK:
Linkage rebounded sharply, and there is still room for improvement.
LTC:
Step back on the support and continue to rebound after confirmation.
ADA:
Today’s performance is not strong, and it may be weaker than the market in the short term, so you can consider a reduction.
XMR:
Currency holdings are waiting to rise, and the rise and fall are slower than the market.
UNI:
The anti-package is back, and there is a chance to continue to rebound.
SUSHI:
There are opportunities for new highs behind, and the recent trend is very strong.
The market is very good, bottoming out and rebounding requires a stepping back process. After stepping on, there is a high probability that it will continue to rebound. Therefore, tomorrow's daily line is likely to be a Yang line with a lower shadow. You can just hold the currency patiently and wait for a rebound.
That's it for today, see you tomorrow