#加密市场狂欢 Recently, I believe that many people have been cheated by ME. It raised nearly 150 million yuan, COINBASE participated in the investment, the issuance volume was 1.1 billion, and the circulation volume was 130 million. Why did it perform so poorly after going online? Before going online, ME opened pre-market trading and delivery contracts in advance. These previous participants obtained chips in advance. After ME went online, it soared to around 30, and then fell all the way, the lowest was around 3.6. This is the current result caused by the selling pressure of obtaining chips in the early stage. According to the investigation, a large number of shipments were caused by retail selling, and the outflow of dozens to hundreds of main forces can be ignored, which can only be regarded as a lead.

[Price trend analysis]

K-line pattern:

The recent K-line shows a clear downward trend, especially from December 14 to 16, the price fell from 4.205 to 3.748.

Recently, there have been many long upper shadows and negative lines, indicating that the market is under heavy selling pressure.

Technical indicators:

MACD: Currently, MACD is in the bearish zone, DIF and DEA are both negative, and there is no obvious sign of convergence, suggesting that downward pressure is still there.

RSI: The RSI value is close to the oversold zone (around 28), but has not yet entered the extreme oversold state, and there may be a short-term rebound demand