Attention! Last chance to power on the old generation of mining machines!

I wake up every morning and check three things: Bitcoin, US stocks and gold. I also check what happened in the evening. This has become my daily routine. I rarely mentioned the fundamentals of the traditional financial market in my articles, but now I have to mention it frequently. This actually reflects that cryptocurrency trading is slowly getting back on track. Coin trading is also becoming more difficult. It is not just about studying cryptocurrency news.

People who trade A-shares often say that the ups and downs of the cryptocurrency circle are too drastic and they can't stand it. The U.S. stock market is big enough, with a lot of people playing in it, and even U.S. companies themselves buy stocks. In the end, the U.S. stock market rebounded by more than 2,000 points, and A-shares only have 2,700 points in total. A-shares directly rebounded. Do you think this kind of volatility is good or bad?

I personally still like this T+0 free market, where you can buy today and sell today and enter and exit freely. My A-shares have a price limit mechanism. If it goes up, you can't chase it, and if it goes down, you can't sell it. It's not uncommon for it to go down for 5-6 days. It helps you divide the decline in one day into 5 days. It seems quite harmonious, but it's all the same. It's better to be happy. If it goes up, I can chase it, and if it goes down, I can withdraw in time. If I don't withdraw, it's because I'm slow. It all depends on my personal skills.

Yesterday, Bitcoin sprinted to a strong pressure of around 6900-7000. I have emphasized this position many times. It is not only the technical Vegas channel pressure, but also the key currency price that determines whether the old generation of mining machines can be turned on and profitable. It did not rush up yesterday, and the upward trend did not break. As the adjustment triangle gradually narrows, Bitcoin has one last chance to break through in one fell swoop. If it can't go up, it will be a big callback. Friends with low positions continue to wait for low prices to cover their positions, and friends with large positions and high costs should pay attention! If it fails to rush up again, you must be prepared to reduce your positions if it falls below the price. Keep enough bullets, and don't put a large amount of funds on the mountain, and wait anxiously at the bottom of the mountain.

BTC:

Bitcoin has been fluctuating up and down in the past two days. It is more obvious from the small cycle of fifteen minutes. It does not rise or fall as it should. The one-hour obv has weakened as time goes by. It is now approaching the end of the turning period. Hold it first and wait for the last attempt to break through to see if it will succeed. Set a stop loss for the short term.

Support 6500 Pressure 7000

ETH:

Ethereum is still like that in the short term. From a one-hour perspective, both obv and mtm are in a suppressed state. Generally, in this situation, it would have chosen to fall long ago. Now it depends on whether it will fall or not. Let's mainly link it with Bitcoin and wait for the direction of the market.

Support 133 Resistance 136

BCH:

BCH is similar to Ethereum, both are in a state of continuous divergence but not falling. Now they are all waiting for the direction of Bitcoin. Therefore, from this crisis, we can see that among all the mainstream currencies, Bitcoin is the real king of currencies and other currencies cannot shake it.

Support 220 Resistance 228

EOS:

eos maintains yesterday's view that the performance will be good only when the market moves upward. If the market does not move, it will not be able to develop an independent trend.

Support 2.26 Resistance 2.35

LTC:

Litecoin maintains yesterday’s view that it will perform well only if the market moves upward. If the market does not move, it will not be able to develop an independent trend.

Support 38 resistance 40

CKB/USDT:

Huobi CKB, cost around 0.0036, stop loss 0.0034. Currently continue to hold the stop loss set for the planned entrustment.

BTT/USDT:

Huobi btt, stop loss 214, it fell to 212 yesterday, forget about exiting the market, it’s time for the market to change, wait for another opportunity.