BlockBeats News: On March 13th, according to Spotonchain monitoring, a wallet created 7 years ago and related to the Ethereum mining pool Ethermine returned to the market after a three-year hiatus. 20 minutes ago, it withdrew 2692 ETH worth $5.01 million from OKX.
Click on the link to enter the live stream: https://meeting.tencent.com/p/5658778060 Daily level: 1. In the market of moving averages, with the recent rebound, we have not completely fallen below the 80000 mark, which also tells us that the entire bottom triangle is completely established. Next, we should explore the top near MA30 on the diagonal side; In addition, due to MA120's lack of a wave of reverse drawing action, we hold multiple orders and continue to wait; 2. The Boll market has already experienced its worst and is now moving in a positive direction. After the bearish trend is over, as long as the coin price does not hit a new low again, it will stop falling and enter a wide range of fluctuations in one go. In the future, upward fluctuations will become the main trend; 3. Within the range of quantitative energy, VR experienced a bottoming out trend yesterday, and today's cycle is insufficient, so we will continue to observe, but we can confirm that it will not directly return to V; The incremental trend of OBV is still slowly progressing, and this week's plan should be to consider OBV sideways as a successful bottom in the previous cycle; 4. In the trend of potential energy, RSI and MFI have already deviated from the standard bottom, so as long as the coin price returns above BBI, the support at the bottom can be confirmed; So if it enters a wide range oscillation on the 13th and 14th, it will have to recover above 85000 yuan; CCI has not fluctuated much in the past two days, so the downward momentum is gradually declining, and the market is about to enter a volatile range in the future; 5. Within the current balanced trend, after stabilizing at 80000 yesterday, according to the late band, it can be judged that the remaining time in March will be in a volatile range, and there will be no trend market (it is impossible to fall below or break through); In the market with clouds at the end, the clouds are expanding, indicating that the downward trend no longer exists and has entered a volatile range. Now that the bottom is over, it is time to explore the top; According to the theory of cloud impact at the end, it can be inferred that there will be a trend in the market from March 24th to March 28th, but it has not yet entered a narrow range oscillation, and the direction of the trend cannot be determined; However, there are two waves of opportunities overall this month; In summary, the daily market trend needs to be tested for the height of the retracement, which is the position of MA30, as the retracement begins and the market enters a wide range of fluctuations; We need to complete the bottoming out of the market this week, and we can start the trend judgment next week; Tencent Meeting: 5658778060 QQ group number: 873659756 AIcoin group: https://aicoin.com/link/chat?cid=2ARLLeaoM Disclaimers The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.
The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time
Odaily Planet Daily News: Strike (STRK), a preferred stock issued by Strategy (formerly MicroStrategy), has only been listed for over a month, and its current stock price has risen by 3% compared to its listing on February 5th. Meanwhile, Strategy's common stock fell by 20% during the same period, and its volatility was previously lower than that of MicroStrategy and Bitcoin. Analysis suggests that preferred stocks like STRK can be seen as a mixture of equity and debt. If the company pays dividends, holders have greater rights to receive dividends than ordinary stockholders, and if the company goes bankrupt and liquidates, holders also have the right to receive company assets. (Coindesk)
Odaily Planet Daily News: The US Senate is scheduled to vote on Thursday on the GENIUS Act, which guides and establishes the innovation of stablecoins in the United States. This is a comprehensive stablecoin bill, and both critics and supporters argue that it will enable the federal government to recognize this emerging industry and pave the way for stablecoins to be more widely adopted as a payment method outside of cryptocurrency trading. Massachusetts Democratic Senator Elizabeth Warren stated that she hopes to unite Senate Democrats against this measure and warned that it will open the door for large tech companies to take over the US dollar. In a two page analysis of the bill, she said, "According to this bill, Elon Musk can launch 'X Money' tomorrow, turning social media into a payment empire with almost no regulation. What we see is the potential privatization of the US dollar (Fortune)
Odaily Planet Daily News: The US Securities and Exchange Commission (SEC) has postponed its decision on whether to approve applications for exchange traded open-ended index funds (ETFs) supported by several altcoins, including XRP, Solana, Litecoin, and Dogecoin, as well as a new Ethereum ETF proposal that allows issuers to pledge their held assets and distribute a portion of the proceeds to investors. Bloomberg ETF analysts James Seyfart and Eric Balchunas have provided predictions for the approval of altcoin ETFs: the likelihood of Litecoin ETF approval is 90%, Solana ETF is 70%, Dogecoin ETF is 75%, and XRP ETF is 65%. (Bitcoinist)