Hello Steemit community,
Last night, EDU and BAI tokens were breached in the smart contract. BTG suffered a attack. The security issue of tokens once again caused people's anxiety about cryptocurrency security, which caused bitcoin market to fall to 7400.
What is worth looking forward to is that after investigation and rectification, the market will be healthier and more transparent. I even think this is clearing the way for large conglomerates and funds to enter the market. The market outlook is even more hopeful.
Market Analysis
Bitcoin:
The current bitcoin is still falling in response to the news. This wave has fallen far less than the previous wave. This we can clearly see from the volume. Also to the end of the short-term, if you want to do a short-term bargain-hunting There is a high probability that this position will be a good position. Of course, the overall trend still does not change. If you want to bounce, remember the small position, fast forward and fast out. If Bitcoin can successfully fall to 6800 strong support, we can continue Increase the number of positions and continue to increase the position for the long position on the left side of the long-term line. Short-term short-term release is basically completed. The probability of directly killing to 6800 is not high. On the contrary, a small rebound in 7300-7400 will be a high probability event. So at this moment, it is suitable for any short, medium and long-term market.
EOS:
Short-term support 10, 9, pressure level 14, 16.5. Short-term trend has gone bad with the fall of Bitcoin, only to break through 16.5 will have a new market. The current market, the expected price of the EOS main online line needs to be lowered, short-term need to adjust the lighten operation. In the long-term, continue to hold. Bounce will appear with a large probability.
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Disclaimer: By reading the post you acknowledge and accept that article is for study only. It is not investment advice. You should be cautioned when entering the market. The market is at risk. You have all responsibility for yourself. I am not responsible for any of your losses.
Best wishes to Steemit Friends!
