
Trends and stats to watch:
Trends and stats to watch:
1.
It seems that the pressure range should turn into support at present. If the price falls back to this range, you can try to do more.
In the short term, it is mainly to be long, and the first target is 9700-9800. If it breaks through, there should be a chance to come to the upper main pressure range of 10000-10300. However, if the price falls back to the support range but unfortunately falls through, the stop loss will continue do consider.
2.
At 6:28 pm China time yesterday (May 28), more than 2K BTC flowed into derivatives exchanges. It also generally represents an increase in price volatility. The price also rose from 9100 to 9600 at 7 o'clock this morning.
In general, an increase in the amount of BTC entering an exchange means selling pressure. But the flood of BTC entering derivatives exchanges means increased volatility. Because BTC stored in derivatives exchanges can be used as margin for long and short positions.
3.
Small gossip: CZ started to sing more, and when CZ rapped more, he usually pointed back.
4.
Wu Shuo Encryption Trend is a sub-account of "Wu Shuo Blockchain", which provides trend analysis, exclusive information and derivatives gameplay on cryptocurrencies. The two authors graduated from the University of British Columbia and the Chinese University of Hong Kong, and have extensive experience in top overseas exchanges and cryptocurrencies.
Wu Shuo Encryption Trend is a sub-account of "Wu Shuo Blockchain", which provides trend analysis, exclusive information and derivatives gameplay on cryptocurrencies. The two authors graduated from the University of British Columbia and the Chinese University of Hong Kong, and have extensive experience in top overseas exchanges and cryptocurrencies.


