[Key interpretation] BTC short-term investors made a profit and fled, DASH planned to increase

JinsPubblicato 2022-12-15Pubblicato ultima volta 2022-12-19

Introduzione

BTC fell in bad news

1. BTC fast rollback

The BTC price showed a sharp rise and fall in the 30 minute K line. The price fell rapidly near the highest of 18387 dollars, indicating the continuation of the price shock. From the current point of view, although BTC easily broke through the pressure of $17246 corresponding to 78.6% of Fibonacci, the price still retreated rapidly under the impetus of the negative interest rate of 50 basis points raised by the Federal Reserve. Next, we still need to pay attention to the subsequent impact. BTC currently does not have the basis for rapid expansion.

2. The proportion of major selling is relatively low

The short-term investors of BTC gained more profits. From the performance of the SOPR indicator, more short-term investors made profits and sold at a recent high. The value of the SOPR index representing the profit and loss performance of short-term trading investors can reach 1.0173. These investors are trading BTC profitably, which means that there is an obvious sign of reducing positions. Therefore, the BTC price will rise and fall. The price shock will continue in the near future, and investors can pay attention to the adjustment risk.

3. ETH twice release rollback

Although there is not much room for ETH to increase in the short term, the price has continued to retreat clearly. In the 30 minute K line chart in the figure, ETH has shown signs of large-scale retreat for two consecutive times. The trend of price decline is confirmed in a short time, and the selling pressure is amplified. The trading volume of ETH lasts for a short time. The trading volume in most trading hours is in a shrinking state. It can be seen that the volume and price performance of ETH is not strong. Affected by the bad news, the rate increase of the Federal Reserve is still negative news for the ETH price. The next signs are to focus on the opportunity of low absorption, and pay attention to the risk of price pullback.

4. DASH horizontal plate arrangement

During the sideways consolidation of DASH, there was little room for price fluctuation, especially the closing price did not change much within three trading days. Therefore, DASH is still above the middle track of Bollinger Line in the daily K line chart, and the price remains unchanged in the reverse form. The financing interest rate data also shows that the DASH financing interest rate has remained positive since December 13. Next, in the process of BTC position fluctuation, we can continue to pay attention to the rising expectations of DASH. In terms of pressure level, focus on the sell-off near the early high of 58.6% USD.

Letture associate

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