1. BTC small rollback
During the short term withdrawal of BTC, the trading volume showed signs of shrinkage. From the perspective of price amplitude, the adjustment is limited to a small contraction of short-term trading volume, which can still support a short-term rebound in prices. In the 4-hour K line diagram, BTC is close to the corresponding USD 16814 of the middle track of Bolin Line after minor sorting. At present, BTC is still at the stage of breakthrough, so we can continue to focus on the performance of bulls.
2. Miners actively sell BTC in short term
With the short-term rebound of BTC, miners are taking advantage of the opportunity of price pullback to reduce the number of coins they hold. From the absolute number of coins held by the miners, the number of BTCs dropped from 1841413 on November 30 to 1831011 on December 2, a decrease of 10402 BTCs. However, from November 8, the number of coins held by miners on that day was 1850356 BTC, with a decrease of 19345 BTC in one month. As the signs of miners' position reduction BTC obviously continued, the selling pressure increased, so we can continue to pay attention to the miners' trend. Generally, the impact of miners' selling on the overall market is limited, but the guiding effect on investors cannot be ignored.
3. ETH maintains the horizontal order
The price of ETH rebounded to near the Bollinger online track in the short term, and the price is still dominated by strong sideways consolidation, which is still fluctuating in the range at present. Therefore, the support obtained by ETH recently is still valid. In the daily K line chart, the trading volume of ETH price is insufficient, and the possibility of long selling is still low. Therefore, pay attention to the low absorption opportunities of ETH above USD 1208 in the middle track of Bollinger Line, and pay attention to the possibility of price changes.
4. ETH multiple air ratio rebounds frequently
The ETH contract bulls have shown signs of strength recently, but the duration is short. From the performance of the multiple air ratio, the multiple air ratio on November 29 reached around 1.115, which is very close to the previous value on October 23. On October 23, the long short ratio of ETH was 1.129. Also around US $1250, the long short ratio has rebounded frequently, indicating that there are signs of short-term market entry for bulls. Therefore, the ETH market is on the eve of the outbreak.
5. LTC short line rollback
With LTC's short-term surge and fall back, although the price has entered a state of adjustment, there is limited room for retreat. In terms of trading volume, the trading volume of LTC is still above the isoline, and the market transaction heat remains high. LTC's volume price performance was good, and the horizontal consolidation suggested that there was still a low absorption opportunity. In particular, considering that the LTC price rises more early, the transaction heat is expected to continue.
