Altcoin three-line deviation, pay attention to risk control
This morning, I discussed altcoin's hype logic. At least, I still haven't seen a reasonable hype basis.
As for the news that some media pondered, I think it is too far-fetched. Although I also worked in the media, but for China's block chain information released to the media, I think to be cautious, because the media is not "the central committee of the communist party of China network security and information commission office" for the record, so they are actually not a regular distribution channels, especially for the policies, laws and regulations, project information, industry dynamics, in theory, they report if there is any distortion, caused the loss of you, can't be compensated. So in this regard, I think you should pay attention to the official website of the publishing company, or the official twitter . For news, you can see bloomberg.
For the current situation, I feel that the news surface is more chaotic, the more chaotic, the more that the market is in the eve of change. So in the next 24 hours, please watch your wallet, for the trend of the market, must maintain enough caution.
From the perspective of bitmex's position in the bitcoin perpetuity contract, another high position of $820 million is reached. It should be noted that many fake COINS and mainstream COINS have stagflation, and the large-scale time-of-delivery deviation is also a technical pressure, so any movement will lead to the divergence of bulls.
So this is not the best time to trade. The right thing to do is to take the right signal and follow it up, not ambush it on the left.