Click on the link to enter the live stream: https://meeting.tencent.com/p/9850662513
(Note: Tencent Meeting APP needs to be downloaded)
Good evening everyone, I am your Da Bin teacher!
The main events of today should be two things. One is BTC itself. Finally, the first state in the United States, New Hampshire, has passed a strategic reserve that includes cryptocurrencies, allowing the purchase of precious metals and cryptocurrencies with a market value exceeding $500 million annually with no more than 5% of state funds. Among them, BTC is the only cryptocurrency with a market value reaching this level, while New Hampshire can mobilize funds between $280 million and $770 million.
Although it is not a large quantity, it has indeed made history. Many friends believe that these backward states do not have much financial strength. Driven by New Hampshire, more and more states will use Bitcoin for strategic reserves. For example, today they submitted the second BTC strategic reserve SB1373 for Arizona to Governor Hobbes. On Sunday, Hobbes vetoed the first bipartisan SB1025 in the United States, which did not include pensions. It depends on next Tuesday.
Another thing is tomorrow's Federal Reserve interest rate meeting and Powell's speech. There is no possibility of interest rate adjustment in May. Let's see if Powell speaks dovish or hawkish.
The support data is still very strong, ranging from $93000 to $98000. This data has been tested for too long and has never been missed. The magnetic attraction effect of the dense chip concentration area is very useful, but currently this support area is also a resistance level. If you seek to break upwards, you still need stronger positive effects.
In the past 12 hours, the main large orders showed a buy transaction volume of 350 million, far exceeding sell orders by 221 million. The main net inflow was 129 million, with a buy sell ratio of 1.59:1, indicating a strong willingness to go long. Especially around 94500, the main buyers made large single transactions exceeding 56 million, directly boosting market confidence.
The current 1-hour cycle K-line is above the EMA24/52 moving average, and the MACD bar chart continues to grow, with increased upward momentum, verifying the bullish signal of the main force after attracting funds. The bald and barefoot line shape also indicates that buying pressure is dominant.
Want to accurately capture the movements of the main force? Enter the live broadcast room and join the group chat to stay up-to-date with the intentions of big funds, helping you to layout faster!
Join the language community communication group to obtain more services
1. Real time troubleshooting (online one-on-one question answering and sorting)
2. Professional technical analysis and theoretical learning
3. Construction and improvement of trading system
4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land!
Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance.
Tencent Meeting Live: 985-066-2513
DingTalk Group Number: 105935015698
Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance.
Disclaimer: 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.
