Coin Zone Trends: Bitcoin Price Trends Based on Big Data This Week (2016-04-28)

1. Price Trends
The analysis on the 25th suggested that "the price of 2850 may be caused by the buying of investors in the market", and the analysis on the 26th suggested that "the price may fall back to around 2900". The analysis on the 27th yesterday specifically used the sentiment index to explain that "the rise is weak. The entire market is limited in size and capacity, and it is impossible for unlimited funds to participate."
Yesterday, the price dropped to around 2900 within 30 minutes, and today it dropped to around 2800, and has now adjusted back to 2850. The mid-term is a good opportunity to buy on dips and hold coins. Around 3000 is an integer mark, which will oscillate back and forth, and there are more short-term opportunities. The short-term resistance is 2880 and the support is 2790.
2. The newcomer index looks at the amount of funds entering the market
Yesterday the newcomer index reached 80, but last night the price was severely suppressed by the air force. In the past two or three months, the cumulative number of newcomers has been considerable, and the average number of newcomers has been around 55 in the past few days.

3. The long-short index looks at the degree of recognition of value in the market
Judging from the hourly long and short index, after the decline this morning, there is a relatively strong sentiment to go long. However, the daily long and short index is still on the short side.

The chart is updated in real time as of 10:00 on April 28. We will continue to observe how the data develops next.
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The article is provided by @币区势