[Key interpretation] LDO shows signs of starting, and BTC exchange has little pressure

JinsPubblicato 2022-12-14Pubblicato ultima volta 2022-12-15

Introduzione

BTC brewing rebound

1. BTC rebounds rapidly

BTC price still showed strong resilience in the short term. After the rebound continued, the price reached the recent closing high. In terms of trading volume, the daily K line chart shows that the BTC volume can maintain a high level and continue to support the rebound rhythm of BTC. In terms of price, the top of the BTC Brin online track is one of the strongest rebound performances since the recent sharp fall on November 8.

2. The proportion of major selling is relatively low

The main selling of BTC's exchange accounted for a relatively low proportion. In terms of quantity, the ratio of the top ten inflows to the total inflows of the exchange on December 13 was 0.348. This value is a low level in the past year, and also a low level in the recent BTC selling proportion. Although the rebound rhythm of BTC is low, the price still rebounds slightly under the condition of lower selling pressure. It can be confirmed that BTC is still in the stage of confirming the bottom support. The market is improving, but the low shock may continue.

3. ETH small volume

Although there is not much room for short-term growth in ETH, there is a clear sign that the trading volume has rebounded from a low level. According to the ETH daily K-line chart, the trading volume has been increased for two consecutive trading days, and easily reached above the isoline. This shows that ETH is verifying the bottom of short-term shrinkage. The trading volume continued to rise, indicating that ETH continued to confirm its bottom form of $1200.

4. Strong LDO performance

As the mainstream currency began to rebound slightly, LDO's short-term performance became stronger. Judging from the daily K line chart, LDO has rebounded for three consecutive trading days, and the trading volume has also risen synchronously, indicating a better growth prospect. After the trading volume in the K line chart of LDO day shrunk to a very low level, a clear signal of adjustment in place has been shown. Therefore, as the main currency of ETH pledge concept, we can focus on the growth performance.

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