From a technical point of view, BTC's upswing is blocked by MA 13 and MA200. At present, the lower part is supported by MA5. Due to the large resistance above, short-term shock adjustment is expected. The important support level below BTC is $38,000, and the resistance level above BTC is $42,000.
abstract
1. Today, many mines, such as Spark Mine Pool, Deer Biting Mine, Mars Cloud Mine and Calculus 360, have issued announcements to prevent IP access in Chinese mainland.
2. According to the fire coin market, BTC's upswing is blocked by MA 13 and MA200. Now it is supported by MA5 below, and there is a lot of resistance above BTC. It is expected to be adjusted in the short term. The important support level below BTC is $38,000, and the resistance level above BTC is $42,000.
3. From the cumulative data of miners' production and sales, it can be seen that the output of miners has increased to a certain extent, while the sales volume has decreased to a certain extent. The miners accumulated a net income of -75 BTC within 24 hours, which indicates that miners have a certain tendency to hoard coins.
4. The number of currency holding addresses of BTC decreased, while the number of BTC positions in DeFi increased slightly. On the whole, there are signs of lightening positions on rallies above BTC, and the upward resistance of BTC in the market outlook is still relatively large.
5. The market sentiment has not changed much compared with yesterday, the market attention has declined, and the buying power in the market has increased slightly. On the whole, the signs of fund bargain-hunting have weakened.
6. The long positions in the contract market are slightly dominant, and the number of long and short positions of BTC has declined compared with the short-term, and the short-term market may have declined.
7. Today, the mainstream encryption index in the encryption market has generally increased, among which the mainstream index of mid-market value has the largest increase, and the signs of capital entry are obvious.
I. Highlights of Macro Market and Currency Circle
Today, many mines, such as Spark Mine, Deer Biting Mine, Mars Cloud Mine and Calculus 360, have issued announcements to prevent Chinese mainland from accessing IP. DBS said that the volatility of Bitcoin is affecting the US stock market, and Bitcoin is no longer a marginal asset class. This shows that Bitcoin is entering the traditional market, and it tends to be stable and mature, which will contribute to the launch of American Bitcoin ETF. At present, the voice of many American institutional investors is getting louder and louder. According to the research report of Messari, the transaction volume of Ethereum has surpassed that of Bitcoin in the past month. This shows that institutional investors' attention to Ethereum is indeed increasing.
Second, technical analysis
Judging from the fire coin market, BTC's upswing was blocked by MA 13 and MA200, and now it is supported by MA5 below. There is a lot of resistance above BTC, and short-term shock adjustment is expected. The important support level below BTC is $38,000, and the resistance level above BTC is $42,000.
Third, the cumulative indicators of miners.
Bytetree data shows that from the cumulative data of miners' production and sales, the output of miners has increased to a certain extent, while the sales volume has decreased to a certain extent. The cumulative net income of miners in 24 hours is -75 BTC, which shows that miners have a certain tendency to hoard coins.
Fourth, the ring index.
Oklink data shows that by observing the number of currency-holding addresses, it can be seen that the number of BTC currency-holding addresses continues to decline, and the market shows signs of lightening positions on rallies. As of today 16, the locked amount of BTC anchored assets in DeFi is 2383 10(238205), with a net increase of 105 BTC. Overall, the number of addresses where BTC holds currency has decreased, while the number of BTC positions in DeFi has increased slightly. On the whole, there are signs of lightening positions on rallies above BTC, and the upward resistance of BTC in the market outlook is still relatively large.
Verb (abbreviation of verb) panic index and trading intensity index
According to alternative.me data, today's panic and greed index is 22 (it was 22 yesterday), and the market panic in sentiment index is the same as yesterday. Baidu search index shows that the search volume of bitcoin has declined and the market attention has declined. According to the data of Toronto Stock Exchange, the total turnover of BTCC was 1039952( 1997349), which was slightly lower than yesterday. The premium rate of grayscale GBTC is-1 1.0% (yesterday-10.8%). According to the currency data, as of today 16, the current interest rate of BTC funds is +0.0 1% (yesterday-0.01%), and the sentiment of long-term funds is high; At present, the RSI 14 (relative strength index of buying and selling) of Bitcoin is 40.55 (yesterday it was 38. 1), and the buying power in the market has been enhanced. On the whole, the market sentiment has not changed much compared with yesterday, the market attention has declined, the market buying power has increased slightly, and on the whole, the signs of fund bargain-hunting have weakened.
Contract index of intransitive verbs
According to the currency data, as of 17: 00, the ratio of long and short positions in the whole BTC network was 50. 13%, and the short position was 49.78%, and the bulls had a slight advantage. OKEx contract data shows that on the hourly chart, the number of long and short positions of BTC decreased in the short term, and the short-term bearish sentiment of the market increased. On the whole, the long positions in the contract market are slightly dominant, the long and short positions of BTC are lower than those in the short-term, and the short-term market may step back on the moving average.
Seven. Mainstream assets and popular currencies
Chainext data shows that the mainstream encryption index in today's encryption market generally rose, among which the mainstream index of mid-market value rose the most, and the signs of capital entry were obvious. In the current 24 hours, among the top 100 currencies, the top five currencies are Wave (3 1.5%), Heat (19.7 1%) and FIL( 16.58%).