CryptoExplorers says
Recently, there is a very obvious phenomenon. The information related to the currency price is basically at night, and most small currency news is in the daytime, indicating that overseas mainly participates in the investment of mainstream currencies, while the Asian region has invented and created many small currencies. These small coins will be the same as they were in 17 years. Most of them are short-lived. The more lively they are, the less likely they will be. Anyway, the old leeks who came over in 1819 know what these things mean, as for the new leeks. , Will definitely be educated by the market. In short, a small coin is speculation. If it is right, take it, if it is wrong, leave it immediately, and put yourself in a favorable environment.
With the continuous climax of concepts such as Defi and NFT, the infrastructure on the Ethereum chain is getting more and more unable to keep up with the speed of development. The most important thing is the throughput. Therefore, the development of Layer 2 will be stimulated in a short period of time, but Layer 2 is only This transition is a transition. Once the infrastructure is repaired in the future, this transition concept will gradually fade away, so it’s better to participate in phases.
The Swiss Stock Exchange has launched the Swiss Digital Exchange and will list Bitcoin in the summer. Switzerland is planning to open up Bitcoin trading through a formal route. In this regard, Europe and the United States are really at the forefront. Needless to say whether to include Bitcoin in the national strategic reserve, the United States needless to say, the chairman of the Commodity Futures Trading Commission said that he will continue to focus on cryptocurrency and has been in a state of khaka dry. The reactions of developed and developing countries to new things are clear at a glance.
Canadian real estate company Thornton Place included Bitcoin in its investment portfolio and began a 10-year regular Bitcoin investment. There will be more and more such companies, and Bitcoin will become bigger and bigger.
The cross-chain BTC on the Ethereum chain is currently 185,300, and the growth rate is not fast. It is basically proportional to the growth rate of Defi's total lock-up volume, indicating that Defi has not made a qualitative leap in the near future, and it is more of the self-interest of existing users.
Crypto.com and Visa have cooperated to launch a fiat currency loan with digital currency as collateral. In short, you can bet your bitcoins for US dollars, which is similar to mortgage house loans. Cryptocurrencies are moving towards traditional finance and gradually eroding. Traditional finance.
The LUNA team launched a Thai baht stablecoin in the previous period. Yesterday, the Bank of Thailand severely warned that the CryptoExplorers thought they had to admit it today, but they did not expect to respond, saying that the Thai baht stablecoin will be adopted regardless of whether the Bank of Thailand likes it or not. This is an example of cryptocurrency eroding the traditional world. In the face of the underlying demand, all force is a paper tiger. The Bank of Thailand has since then said that it will strictly monitor digital stablecoins. It is estimated that the Thai baht stablecoin will be almost universal when the regulatory documents are released. The speed of change in the blockchain world has easily thrown off the ten streets of traditional industries.
The Bank of America analysis report shows that if Bitcoin flows into US$93 million, Bitcoin can rise by 1%. It is calculated based on the Bitcoin circulation, and if the same rise is 1%, gold needs 20 times the amount of funds. In short, this body It is not too difficult for the volume to continue to rise.
The CEO of Tianqiao Capital said that compared with the early Amazon, it means that Bitcoin has a 64 times return. Just listen to this, there is no logic, but you can imagine it.
Market analysis
Bitcoin:
Bitcoin has entered a super key position, especially for tomorrow's market, the weekly closing line is particularly important. At present, the pre-market blockchain and digital currency concepts of US stocks are rising, and the index has also risen slightly, but it is impossible to judge what happened at night. From tonight to tomorrow, we will mainly observe whether the key position of 60,000 can be breached again. Once it stands, it is basically a wave of new highs. However, based on the performance before the expiration of large-scale options, the market is often dominated by shocks. Therefore, There should be no high expectations. If the market can break through 60,000, then the shock trend will be broken, otherwise you can continue to participate in the shock market. Strong support at 55800.
ETH:
Weaker than Bitcoin, mainly due to linkage shocks.
DOT:
If it continues to fluctuate at a high level, it may go up if it fails to fall. After all, KSM has reached a record high, and DOT is expected to make up for it.
LINK:
The trend is okay, and there is an expectation of an upward rebound.
LTC:
Weak, do not participate.
BSV:
Pay attention to whether 230 can effectively stand back. If stand back, it is likely to start the rapid pulse market.
ADA:
Since Coinbase opened the transaction yesterday, it has been smashed all the way, and it hasn't gone well, so lighten up.
XMR:
The shock is mainly higher.
FIL:
It was reported last night that it was suspected to be a double spend, and it dropped a wave. Later, it was rumored that it was a display problem of Google Chrome. The overall situation has not gone bad. There are a large number of mining people outside the market who are buying U to buy FIL. Pledge FIL to mine FIL, so there is a new high chance for a period of market adjustment.
DOGE:
Arranged sideways, no less than no top.
UNI:
The high position continues to trade sideways, and there is still a chance to move higher.
The big fluctuations have to wait to see Lao Mei’s face at night. During the daytime, the weather will not be a little trouble. Tomorrow is a key node. Once you stand up, it will reach a new high next week. If you smash it back at night and eat up yesterday’s increase, then we will be 50,000. see. There is no general direction at the moment. This position is 55 open, and the CryptoExplorers can't see it, so wait patiently.
That's it for today, I wish you all a happy weekend, see you tomorrow.
