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What does “延续反弹” mean? (延续回升 beat a number)

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What does \”延续反弹\” mean? \”延续反弹\” refers to pulling the price up from around 10,200

What does 延续反弹 mean? (延续回升 beat a number)

What does “延续反弹” mean? “延续反弹” refers to pulling the price up from around 10,200 to 10,400 when the market continues to decline. The magnitude of this decline is relatively large (due to the many previous break points, the upward movement is very small), but it still needs to be observed for further trends at the moment.

BTC/USDT

Recently, both Bitcoin and Ethereum have experienced varying degrees of decline, although there have been no significant changes. However, from this perspective, we can also determine that if a trend can be maintained above this level and move upward, it is very likely to attack the $10,000 level again.

延续回升 beat a number

Exclusive analysis of the golden market: As of 18:00 Beijing time on October 20th, the BTC price is $9,580, an increase of 4.81% in the past 24 hours. Combined with the quantitative trading Bgain’s comprehensive BTC-base enhanced index, it has declined by 0.13%. As of 18:00, the ratio of long and short positions on OKEX is 69% to 31%; the ratio of long and short positions of elite users on Huobi is 43% to 57%; the ratio of long and short margins on Binance is 39% to 61%; the ratio of long and short positions on BitMEX is 55% to 45%; the market sentiment is relatively bullish.

In the mainstream coin futures sector, ETH’s increase yesterday exceeded BTC’s, rising to a maximum of 175% and temporarily reporting 175.8 USDT. Today’s increase is 4.68%.

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