BTC hit a new high again, and BTC after flash crash washing is more robust.
Industry News
1. The total market value of global cryptocurrencies exceeded US$960 billion .
2. Zhu Xiaohu, Jinshajiang Venture Capital: If the Democratic Party wins a seat in the US Senate, BTC will rise to $50,000.
3. As of January 6, the total scale of Grayscale Asset Management exceeded US$25 billion .
4. Parity launched the "Participation Lottery" system to encourage the community to participate in on-chain governance, and its module code has been incorporated into the Polkadot Substrate library.
5. Several former senior executives of the Hong Kong Stock Exchange founded the Hong Kong Digital Asset Exchange .
6. According to Asset Dash data, as of 02:20 on January 7, Beijing time, the market value of Ethereum surpassed Wells Fargo, Rio Tinto and other companies, ranking 72nd in global assets.
7. The Israel Securities Authority classifies the functional tokens issued by the company as securities.
BTC market analysis
After a lapse of ten years, the U.S. Democratic Party once again took over the legislative and executive powers; several former senior executives of the Hong Kong Stock Exchange, led by Li Xiaojia, founded the Hong Kong Digital Asset Exchange, marking that Chinese-style digital asset management has embarked on the right track of compliance. Those blockchain entrepreneurs who missed BTC and ETH finally ushered in new hope. China is walking in a new era!
BTC hit a new high again, and BTC after flash crash washing is more robust. The US situation is turbulent, the periphery is unstable, and the pessimistic economic expectations for next year have given BTC new upward momentum. Obviously, the current situation of everyone shouting more is terrible! We need to always be alert to the risk of another callback flash crash, but no one wants to miss this sacred moment, so FOMO is in serious mood and is pushing the snowball to continue to expand.
Obviously, almost most of us now think that BTC is a bit high, but no one dares to get off the car easily. Maybe the current price is not in line with the current market situation, but this is a judgment. Such judgments carry emotions. bias. But such prejudice did not allow the market to make unified decisions and behaviors, so there was no actual momentum that could change the market trend, and the trend continued.
Judgment is judgment, transaction is transaction, judgment is analysis, and transaction is an execution plan based on analysis. The market may be wrong, that is, we look at things from our own perspective or even prejudice, rather than from the perspective of the market, so we need a transaction or execution plan to correct us.
Therefore, when trading, you must let go of personal emotions, give up personal heroism, and analyze and predict, but when making execution plans, you need to give up predictions and be an executive trader! Just like Bruce Lee said "be water"!
What is the transaction? "Be water"! Turn in obstacles and follow the trend.
The daily trend of BTC does not mean to stop. It takes at least four hours to adjust before risk is considered, otherwise, you need to stay in the car.
Many old coin friends told me that I was scared out of the car a long time ago, and the rise is uncomfortable. It is because you are trading with emotions, not with "water" trading, and get in the car after mistakes. Get out of the wrong car.
ETH market analysis
A few days ago, I told a few friends in Xiaomi circle that I feel that ETH should at least be high .
why? "Be water"
BTC is currently 37 thousand, and 40,000 will be immediately, the previous high has doubled. As the second-placed ETH, didn't even break the top high? Does this fit the crazy digital currency market? Do you agree, do crazy retail investors agree? So even though ETH was eight or nine hundred at the time, I would advise everyone to get on the bus.
What should I do if I fall? "Be water"
Which investor does not come from speculators, Buffett!
XRP/LTC/EOS/BCH market analysis
Now in addition to XRP, even EOS, which has always been lifeless, is reporting that it will upgrade its version. This kind of typical speculative team, without a team with hard work and precipitation spirit, is destined to be unable to do anything big, so I never recommend that you buy EOS.
Why is it recommended to buy EOS now? "Be water"
Late-moving retail investors are not clear about the fundamentals. They will push you forward like a tide. It's just that we are used to buying trend tickets and taking money with good fundamentals.
DOT/KSM market analysis
DOT is not Fomo now? Because the main force put a huge amount at 10 yuan before, and the goods were almost sold out at that position, it was completely unexpected that BTC would have the next one.