The direction is clear, no simulation or ambiguous analysis is done, for reference only
News: Today's Fear and Greed Index is 63. 1.1. Tether launches global Web3 digital education service "Tether Edu", which is good for EDU. 2. Binance's market share in January was 71%, down 1.3 percentage points from the previous month. 3. The US SEC postponed its decision on Pando's spot Bitcoin ETF's 19b-4 filing. 4. 9 spot Bitcoin ETFs purchased nearly 170,000 BTC in 14 trading days, equivalent to approximately US$7.3 billion. As of the close of the US stock market, BlackRock's spot Bitcoin ETF's daily trading volume exceeded GBTC for the first time. 5. About 820 million PYTHs are pledged, worth more than US$400 million. Pyth is a new generation of oracle and a potential dark horse in the bull market.
Technical aspect: From the data on the chain, from January 30 to today, the BTC in the exchange is a net outflow, which is a positive. In the long run, the halving and interest rate cuts are there. Therefore, every big drop before the halving is an opportunity for us to buy the bottom. Yesterday, the monthly level closed with a long upper shadow cross star positive line, five consecutive positives, and we need to pay attention to the risk of callback this month. The weekly level is also too high for various indicators, which is not conducive to continued upward movement in the short term. After the daily level rebounds, the ant channel will be closed. According to the cycle calculation, it should be before the 15th. At present, there is obvious resistance to the rise and it is not sustainable. The 4-hour level is oscillating at a high level, with one high point lower than the other, and the short side is dominant. The big cake needs to be washed: it is not just a price issue, but also the washing time must be long enough (that is, the time and space conditions are met at the same time) and the policy benefits must be seamlessly connected to promote the next round of market rise. #大饼行情 #区块链 #BTC
