Daily market analysis[20210221] - Slightly callback, the problem is not big, the lower shadow of the K-line is longer, and the number of bargainers
BTC

In the early hours of this morning, Bitcoin had a relatively large correction. In the current market, it has almost recovered its decline. The transaction volume during the period is still relatively large. During the correction, the lower shadow of the K line is very long. You can see that the number of bottom hunters is relatively Many, judging from the results of the continuous rise of this level, it has to be reminiscent of the high point of the bull market. Presumably, many small partners who are watching and watching off the market are also relatively afraid of heights. From the current point of view, the market has not yet exposed the wide fluctuations of the end of the bull market-the situation of skyrocketing and falling, at least at the daily level of K There is no very long upper and lower shadow line on the line. The overall trend is relatively flat. We can keep on the sidelines for the small partners who have entered the market, but we need to be vigilant about the market and cannot actually hammer below our support. area. The lower support area is 50000 and the upper no resistance area.
ETH

The Ether market also experienced a relatively large correction in the early hours of this morning. The amplitude of the correction was still very large. From the highest point of 2040.24 to the lowest point of 1803, the correction range exceeded 11%, but from this period we saw two very good ones. On the other hand, the market once again pulled back to above the 4-hour level 90-period average buying line, very close to the 90 line, and left a very long lower shadow in the subsequent rebound process, indicating that many people chose to buy bottoms. As I said before, if a currency wants to maintain a long-term rising market, it must always remain above the 90 line, and the 90 line must be above the 200 line, so that it is a stable development market, so from these two news From the above point of view, we still continue to be optimistic about the ether, so the small partners who held in the early stage do not need to worry too much. The current market is relatively stable. The lower support area is 1792, and the upper no resistance area.
BCH

BCH also saw a relatively large decline in the early hours of this morning. Similarly to the market of other mainstream currencies, BCH also rebounded relatively sharply, and formed a relatively long lower shadow line on the K line, indicating that there are more people who buy the bottom. The problem is still more obvious. As I have said before, BCH did not perform very well in the K-line form during this period. Firstly, there are more glitches, and secondly, the volume is lower. The reason for the more glitches is that The higher turnover rate and lower transaction volume are because there are not many people paying attention. Compared with the news on these two aspects, we can determine that the risk of BCH is relatively high. It is recommended that small partners choose to make their own plans for short-term Attempt to vote by default and strive to make profits when BCH soars and plummets. The lower support area 604, the upper no resistance area.
DOT
Polkadot has performed extremely well in the past two days. The market peaked at 42.28 last night, and during this breakthrough period, the transaction volume has increased significantly. Although the market fell back completely in the early hours of this morning, From the perspective of performance, Polkadot is very strong, so congratulations to our friends who tried to buy with the 90 line as the support level. The current profit far exceeds the 1:3 profit-loss ratio we set earlier, which is very cost-effective. Yesterday, I also recommended everyone to make a callback, which is a buying method. For those who have entered the market, the current profits are still good. The lower support area is 27.45, and the upper no resistance area.

