1、 BTC is brewing to speed up the change
In the daily K-line chart of BTC, during the decline of consecutive trading days, it gradually approached the low end of the range. At present, BTC is still operating above $17246 corresponding to 78.6% of Fibonacci, but the market trend is weak, and investors who take the initiative to buy can also increase the price. Therefore, we need to pay attention to the adjustment range of each transaction. At present, the intra day amplitude of BTC can reach 7.7%. In the low price area, we should also pay attention to the possibility of high-intensity fluctuations.
In terms of intra day trading volume, BTC trading volume rebounded slightly, failing to reach the recent peak performance. The trading volume rose slightly above the equivalent line, which means that investors' trading enthusiasm began to heat up.
2. BTC main pressure drop reproduction
The data shows that the number of large transactions of BTC reached 1295 on June 18. At present, the number of large transactions on June 30 has rebounded to 527, which is also a recent high. In other words, the main activity is still rising. With the rise of BTC volatility, investors' low absorption trading signals appear again.
The number of major large-scale transactions is higher than 500 BTCs, and the number of 527 large-scale transactions converted into BTCs is 263500 BTCs. Since September 2021, the number of large transactions of BTC has frequently reached a high level. The rebound in the number of large transactions happens to be the weak operation stage of BTC at low prices, and the possibility of major shipments cannot be ruled out.
3. BTC did not confirm that the transaction was running at a low level
BTC did not confirm that the transaction was running at a low level, and most of the transaction fees were at a low level, which meant that small and medium-sized investors occupied most of the seats in the transaction. Judging from this, it is unlikely that the main force will buy at a low price during the recent BTC price retreat. After the price retreat in June, the cooling of trading means that the market continues to be relatively depressed, and investors can appropriately adjust their positions to cope with the price decline.
4. Eth trading heat rebounded slightly
Eth's short-term pullback continued to push up trading volume slightly, and the price rebounded in the short term, with a weak price performance of US $1106 as the key support. Judging from this, if eth cannot rise in the short term, it is more likely that the price will remain low. Fibonacci's 78.6% corresponding to $1106 is gradually becoming the pressure level of eth. Therefore, the trading action of buying eth can be postponed in order to obtain better low absorption cost.
5. The trading volume on the ETH chain rebounded
Although the daily online trading volume of eth has continued to grow recently, it is lower than that before the middle of 2021. Recently, the intraday trading volume of eth has remained above 3million eth. Judging from this, the market is in a typical stage of a large number of chips changing hands. Combined with the low volatility of eth price, the market is relatively depressed, and the rising trading days are relatively limited. During the market pullback, there are many trading opportunities in the low price zone, so it is not ruled out that the market continues to retreat again, raising the turnover rate and prompting the possibility of bottom buying opportunities.
