The market has been in a blood-sucking mode recently, before it stabilizes, enter the market cautiously
子禹论币
2021-02-28 12:21
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The broader market has been in a blood-sucking mode recently. Before it stabilizes, enter the market cautiously.

【Article Summary】

【Article Summary】

【Market review】

【Market review】

【Market】

【Market】

On February 28, K. Rogof, a professor of economics at Harvard University and former chief economist of the International Monetary Fund (MF), said in an interview that ZY Bank will not allow Bitcoin and other cryptocurrencies to become mainstream assets. Perfect regulation won’t happen if Bitcoin doesn’t have an end use case. Then eventually the bubble will burst, but it may take a decade. "Right now, it's a category, but that doesn't necessarily mean it's mainstream. It's extremely misleading and ZY Bank would never allow that. See today's market analysis.

BTC: It was pointed out yesterday that the rebound is weak, and the position is reduced at a high level. So far, there is no obvious bottom-hunting expectation, and there may be continued dips, so wait and see and wait. The support is around 43,000 US dollars, and the pressure is around 46,500 US dollars. In terms of contracts, the most stable is to wait and see, followed by short-term short-term short-term intervention near the pressure level.

ETH: The trend of ether is also unable to rebound, just like the pancake, you can wait and see for now, and you can implement some positions to cover positions or buy bottoms when it reaches around 1250 to 1300 US dollars.

LTC: Wright's support is obvious, just wait for BTC to stabilize and cover up again.

DOT: The trend of Polkadot broke through the downward channel and stepped back into the channel. At present, it has a strong support of 27.5 US dollars and a pressure of 36 US dollars.

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