Uncle_Rich

Uncle_Rich

Friends who buy long finally have hope of winning! The bear mood has been so extreme recently that the market will inevitably change. The long/short ratio of BTC Contract is 0.91, and the number of long has increased. In terms of technical indicators, it is currently in a state of fluctuation, and the power of long and short are quite similar. The Bollinger Band...

Uncle_Rich

BTC price dropped below 30,000 USDT again. According to data, the trading volume continued to shrink, the power of the bull is weak. After falling to 29,500 USDT, the price starts to fluctuate. The long/short ratio of the BTC futures is 0.77. Looking at the 4-hour line, it has not yet bounced back to 30,000 USDT; bollinger band has a trend of opening upward; a...

Uncle_Rich

The high point is getting lower and lower, and has fallen to 32,000 USDT. The news that some exchanges are being censored has influenced the price, and the bottom has fallen under 31,500 USDT. The dropping speed is getting faster, and the panic mood has increased in the market. The long/short ratio of the BTC futures is 0.7. From a technical perspective, the...

Uncle_Rich

The support is still 31,500 USDT. Although the market is bearish in the short term, trading enthusiasm has recovered. The BTC contract has a long-short ratio of 0.77. According to the 4-hour line, the high point was 33,182 USDT and the low point was 32,316U; MA30, MA10, and MA5 are arranged in sequence; the Bollinger Band opened downward, and KDJ and RSI are flat....

Uncle_Rich

The price is falling recently, and the low point record is constantly refreshing. The long/short ratio of the BTC Contract is 0.78, and the short position is dominant. Technically, the 4-hour line shows an obvious downward trend; the Bollinger Band is narrowing downwards; KDJ and RSI are turning downwards. Looking at the 1-hour line, the MA5 line and the MA10 line...

Uncle_Rich

BTC has been oversold in the past few days. The support is 32,750 USDT in the short-term and the resistance is 33,300 USDT. The long/short ratio of BTC Contract is 1.01. From a technical perspective, Bollinger Band is widening; MACD moves above the zero axis, and KDJ turns upwards. If it cannot break through 33,500 USDT at night, shorts will continue to dominate...

Uncle_Rich

The market has a good start with a high point of 34,655 USDT. Breaking 35,000 USDT is still very promising as the bullish news is constantly coming out. Recently, the Israeli Investment Fund Group reported that they have invested 2.3 billion U.S. dollars in Bitcoin. The long/short ratio of BTC Contract is 0.91, and shorts are more dominant. From a technical point...

Uncle_Rich

The BTC price fell again. The highest price last night was 35,017U, and the price fell below 33,000U, indicating that the bears are still strong. The long/short ratio of the BTC contract is 0.98. From a technical point of view, MA5 has already appeared a golden cross, and the changing trend is obvious; the volume of short positions has been reduced; the Bollinger...

Uncle_Rich

Consistent with the previous analysis, the 35,000U mark was a strong resistance. From the perspective of trading volume, the long and short are still in a well-matched state, and the BTC contract long/short ratio is 1.02. Looking at the 4-hour line, MA5 and MA10 lines are entangled; long and short are continuing to increase the volume; the Bollinger Bands are...

Uncle_Rich

The analysis yesterday was correct. The BTC price got back to 34,800U today, and gave the market more confidence. Everything is getting better. The BTC contract long/short ratio is 1.12. Looking at the 4-hour line, the Bollinger Bands opened up; KDJ and RSI stayed flat, and met resistance at the 35,000U mark. Looking at the 1-hour line, the long and short...

Uncle_Rich

The BTC price was rallying and then falling for no reason. The power of the news was limited. The market has picked up today, with a 1.03 BTC contract long/short ratio. Looking at the 4-hour line, the downtrend has been eased; MA5 line has crossed MA10 line, and is about to break MA30 line soon. Bollinger Band is still shrinking at the moment; MACD is running...

Uncle_Rich

Today, the frequency of fluctuation is increasing again, and the market is about to change on the weekend. As the price continues to hit new lows in the past few days, market sentiment is sluggish, the BTC contract long/short ratio is 0.81, and the shorts are temporarily dominant. From a technical perspective, in the 4-hour line, the Bollinger Bands back to the...

Uncle_Rich

Consistent with our analysis yesterday, any pick up in the market is all about tricking the market into long. The price also reached the point of 33,500U, and it continues to fall. The BTC contract long/short ratio is 0.78, and shorts are dominant now. In terms of technical indicators, the 4-hour line and all MA lines continued the downward trend; the Bollinger...

Uncle_Rich

There was a callback in the market today. At present, there is a small dead fork. The BTC contract long/short is 0.91, and the short is temporarily dominant. From a technical perspective, the Bollinger Bands are narrowing; the MA5 line will cross the MA10 line heading downward, brewing a downward trend, and RSI and KDJ turn their heads down. There might be about...

Uncle_Rich

There is a trend of bottoming. It's basically consistent with our analysis yesterday. The battle of long and short is still fierce. The fluctuation range is shrinking. There will be changes in the market no later than tomorrow. BTC contract long/short ratio is 1.22. In the short term, the bulls are confident. Looking at the 4-hour line, the Bollinger band is...

Uncle_Rich

There was a gain this morning because of the news: El Salvador will buy 135 million dollars worth of Bitcoin for its citizens. It will be officially circulated on September 7th. Since the amount of funds is not large, the gain is limited and now it's sideways. The BTC contract long/short ratio is 1.12. In the short term, the bulls are more confident. From the...

Uncle_Rich

Currently, BTC price is around 35,500U and it’s falling slowly. BTC contract long/short ratio is 0.95. Looking at the 4-hour line, the Bollinger band is widening downward and there is the trend of tuning up; MA5 and MA10 are crossing. There is a 500-1000 point recovery later, and there will have twice fall near 35,000U. As for the 1-hour line, the small golden...

Uncle_Rich

The market is Correcting today. Since last night, the total capital inflow has been more than 1.5 billion USD. The amount of liquidation on the entire market has plummeted, and the panic mood is weakening. The BTC contract long/short ratio is 1.1, and the confidence of the bulls has recovered. Looking at the 4-hour line, the golden cross appears, the Bollinger...