【Article Summary】

【Article Summary】

【Market review】

【Market review】

【Market】

【Market】

After Ethereum broke through the $1,600 mark yesterday, it hit a new high today, reaching a peak of $1,695. With the strong rise of Ethereum, funds are gradually returning to the mainstream currency sector.

Not only that, H Du increased his holdings of Ethereum by a huge amount yesterday, which also gave retail investors in the market a shot in the arm.

Ziyu also mentioned the phenomenon of capital rotation in his previous article, and it reappeared in the market in the past two days. Some time ago, the DeFi sector, which was very popular some time ago, had a serious outflow of funds in the past two days, and each project had a callback to varying degrees.

In fact, whether it is DeFi or the mainstream, Ether has always been one of the tokens we promote. The logic is quite simple. Ethereum is currently the largest ecology of DeFi projects, and at the same time sits at the second place in the market value of the cryptocurrency market. And since the ICO in 2017, V God and his team have been committed to the development and promotion of Ethereum 2.0, which is fundamentally different from EOS, which was also developed in 2017.

So almost every pullback, I will notify internal students or contracts to order Ethereum. The most recent one should be around $950, and the small partners who have been holding it have nearly 60% of the income.

It can be said that from now on, Ethereum has really entered the price discovery stage. Months of sideways trading and adjustments will bring about a healthier rise. Whether it is the consensus of the market or the development of the project, this year, almost no project can surpass Ethereum.

[Mainstream currency market trend and analysis]

BTC spot: The market of chasing ups and downs makes people want to stop. At the current position, we can only wait for a clear market. The top 39,000 US dollars is almost a marginal position. Try not to bet on breaking through it. Once the breakthrough stabilizes, we can make plans to take it again!

BTC contract: Call back to around 37,000 to intervene in more orders, and make a profit of 500 US dollars to 1,000 US dollars, try to use the rule of batch stop profit. Upper pressure 38650 40000; lower support 35400 34300

ETH spot: Friends who hold the spot in their hands can continue to hold it. Those who have not yet got on the car, if there is a chance to pull back to around 1550 US dollars to 1600 US dollars, they can get on the car in stages.

ETH contract: intervene with multiple orders around 1645, profit 23+ can be out; radicals intervene with short orders at 1695 US dollars to 1690 US dollars, target around 1665, stop loss of 15 US dollars each. Upper pressure 1700 1800; lower support 1580 1500

LINK: Looking at the 4-hour chart, it is a fluctuating upward trend. According to Fibner, $25 is a short-term pressure level. If you want to get in the car, you can intervene at the bottom of $23.8 to $24.1.

AAVE: It belongs to an open source decentralized lending protocol that provides deposit and lending services for users. The deposit interest rate and loan interest rate of both borrowers and lenders are calculated by algorithms based on the amount of borrowing and deposits on the platform, and the platform uses Chainlink's oracle to ensure the fairness of collateral prices. After all, it is based on the inflow and outflow of funds in the market as its rise and fall. Therefore, the opportunity to enter the market must be very important. Chasing ups and downs is completely useless in the currency of AAVE!