Cryptocurrency market analysis 2019/12/16 BTC BCH ETH EOS

The BTC contract is currently quoted at US $ 7065.86, which is 0.48% higher than the spot discount of US $ 14.70. The trading volume was 4,467,200 lots, with a turnover of 127,200 dollars. The total current position is 3.986 million lots, which is a change of 99,200 lots from the previous trading day.

The EOS contract is currently quoted at $ 2.56, which is a discount of $ 0.01 over the spot price, with a 24% increase or decrease of 0.35%. The trading volume was 508,200 hands, with a turnover of USD 5,206,400. The total current position is 3.637 million hands, which is a change of -86,800 hands over the previous trading day.

The ETH contract is now quoted at USD 141.85, which is a discount of USD 0.28 over the spot price, with a rise or fall of 1.08% in 24 hours. The trading volume was 797,100 lots, with a turnover of 283,200 US dollars. The total current position is 3,138,800 lots, which is a change of -10,78 thousand compared with the previous trading day.

As of December 15, the number of BTC active addresses was 474,400, a decrease of 14.21% from yesterday; the number of transactions on the chain was 264,500, a decrease of 9.82% from yesterday; and there were 248 large-scale transfers of more than 100 on the BTC chain, compared with yesterday Reduced by 19.74%. The number of ETH active addresses was 251,800, an increase of 1.37% from yesterday. The "Coin World" Research Institute believes that there is a positive correlation between the activity of on-chain transactions and the price of coins.

Technical side

BTC:

If you only follow the short-term trend, there is a high probability that it will cause insufficient profit space and multiple stops. When the bulls 'high position is blocked, they have shown that the bulls' volume can be weak, and it is difficult to make a big change. Therefore, it is far easier to follow the trend in operation than to ambush an empty order. After the pullback on Saturday, the lowest test was the one-hour line support level 7040. As there was no effective breakthrough, the short-term support effect still exists. Today's operating ideas can only be shorted after a rebound.

Operation recommendations:

7160 does not break short, stop loss 7220, take profit 7050.

ETH:

The pullback on Saturday reached the lowest line of 140. Only the physical part is 140.5. There is a certain resonance effect between the one-hour line level and the previous low. The support effect here is relatively strong. In the short term, if the short volume does not increase unexpectedly It is difficult to make a breakthrough in the situation. In the short term, you can go short and long around this line. If you have the opportunity to short high, your profit-taking target should also refer to this line. Of course, in the absence of unexpected trends, today's operating ideas will be mainly short.

Operation recommendations:

143.5 does not break short, stop loss 146, take profit 140.5.

EOS:

Saturday's pullback made the price test the previous low, but then the yesterday's rally swallowed up nearly a third of the space, and the subsequent pullback also swallowed up the rebound space. In general, the performance of the EOS currency has been more active in the past two days, which can be regarded as a trend of widening and closing. If you do not consider the trend pressure of the large cycle level, use the high-altitude low-manipulation thinking, as long as the operation , There should be a relatively large profit margin. At present, the profit margin of short selling is slightly larger than that of short selling, and the idea of ​​keeping high selling short can be temporarily.

Operation recommendations:

2.590 does not break short, with a stop loss of 2.620 and a take profit of 2.550.

BCH:

In the case of generally negative market sentiment, BCH could not bear the pressure to follow up, but in terms of space, it is more restrained compared to other currencies. According to the perspective of trading, the profit margin is not too large. The pursuit of profit-seeking traders in the market will decrease, and they will choose more and easier currencies. As far as the current trend is concerned, the amplitude is still shrinking, which will continue to reduce the heat of trading. Today's operating ideas are short at high positions, but the operating opportunities are not suitable for too frequent. Try to wait until you reach the high pressure position before entering the market. If you do not wait, wait or choose another currency operation.

Operation recommendations:

209 does not break short, stop loss 212, take profit 205.

Note: The above strategy is based on the judgment of the current market situation. If the intraday change is too large, you need to adjust the strategy in time. The recommendations are for reference only and are not a basis for real-time operation.