In the digital currency market, BTC continues to fall, and mainstream currencies still need to find the bottom. Investors are facing more complex and severe challenges. In this unpredictable market environment, how to view the future development of digital currency and how to scientifically avoid risks have become topics that investors urgently need to discuss.

 Analysis of the current situation of the digital currency market

The digital currency market has always attracted much attention. As a representative digital currency, the price fluctuations of BTC have an important impact on the entire market. Recently, as the price of BTC continues to fall, many investors have begun to feel the instability of the market. At the same time, other mainstream currencies are also experiencing ups and downs in the process of finding the bottom. The uncertainty brought about by this market volatility makes investors more cautious about their investment strategies.

 Investor mentality and risk prevention

For digital currency investors, a stable mentality and risk prevention are crucial. In the case of a continuous downward market, investors often face anxiety and panic, and are prone to make hasty decisions. However, rational investors will choose to remain calm, carefully analyze market trends, and avoid making wrong decisions due to emotions. At the same time, it is also crucial to establish a scientific risk prevention mechanism. By diversifying investments and setting stop-loss points, the risks brought by market fluctuations can be effectively avoided.

 Outlook on the development trend of the digital currency industry

Although the current digital currency market is facing challenges, the trend of industry development is still worth looking forward to. With the continuous maturity of blockchain technology and the continuous expansion of application scenarios, digital currency as a new type of asset is gradually being accepted and recognized by more people. In the future, with the further clarification of regulatory policies and the gradual improvement of the market environment, the digital currency industry is expected to usher in a healthier and more sustainable development.

 Investment advice and summary

In summary, the current volatile downward trend in the digital currency market has sounded the alarm for investors, and they need to treat investment more cautiously and rationally. While pursuing high returns, we must always pay attention to risk control to avoid losses due to market fluctuations. In the future, digital currency as an emerging asset will still be full of opportunities and challenges. Investors need to remain vigilant and adjust their investment strategies at any time to better grasp market opportunities.

At this moment of volatility in the digital currency market, investors need to remain calm and confident, and at the same time continue to learn and improve their investment capabilities in order to be invincible in the fierce market competition. I hope every investor can find his or her own position in the world of digital currency, seize investment opportunities, and realize wealth appreciation and life dreams.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Bitcoin BTC fell thousands of points in the early morning, and the lowest fell to 9355, breaking the 60-day moving average. It was also the first time that BTC fell below the 60-day moving average since the upward trend formed, forming the largest correction and break trend. After breaking the bottom support, the current trend returned to the 9600 area and entered a stalemate. Judging from the current breaking behavior, it is not enough to determine that the trend will form a big drop. If the currency price continues to be suppressed below the 9600 area, the downward trend will further expand, but if it can be maintained at 96 00 area, once the key resistance is broken, the bottom is confirmed, and the downward trend will be terminated;

On the daily BTC trend chart, the Bollinger Bands open downward, the currency price is in the lower track area of the Bollinger Bands, and remains suppressed. The moving average is arranged in a short position, and the trend has a tendency to further extend downward. The current price has fallen below the 60-day moving average. Once it continues to fall and break the low point, we will see the previous support of the 8800-9000 area. If it continues to break, it will fall directly to the 7000 area. It has not been broken in the short term. The current low point will enter a small rebound trend, and the rebound will also be strengthened if it breaks through 10,000;

In the BTC attached figure indicator, MACD is still in a large-volume posture, and is currently very close to the 0 axis. STOCH is running downward at the 20-horizontal line, and is already at the bottom of the oversold area. A bullish rebound may form at any time. RSI remains downward, and still maintains a downward trend. It is recommended to focus on short orders, and long orders can be followed up at the bottom in moderation;

Operational suggestions: Follow up short orders at 9800-10000 in the first stage, and see 9500-9600 Area, break this area to see the low point directly, the lower support area is 8800-9000; in the second stage, when the rebound breaks through 10000, follow up with short orders at 10300-10500 to see 10000, break and continue to hold;

Follow the bottom at 9300-9500 to follow up with long orders to see 9800, when this area is broken, continue to hold, the upper key resistance is 11300; remember to set a stop loss during the operation, control the position risk, break the low point and follow up at 8800-9000; try to put all in the analysis suggestions The effective suggestions are mentioned to everyone, and clear and definite ideas are also given in the article, so that investors can clearly understand the trend and direction of Bitcoin, and reduce unnecessary losses during the operation, so as to truly earn profits;

ETH Ethereum fell to 192 at the lowest. The author mentioned that the current mainstream currency is a process of finding a bottom, and will continue to form a downward trend. It has been in a breakout trend recently, and most of the indicators have become invalid until the bottom area can be found to stand firm and make adjustments and repairs, then it can return to the normal trend; pay attention to the key area 180-185, once the area is touched, it can be opened in batches in an appropriate amount; it is recommended to focus on short orders in the near future, and rebounds are opportunities for shorting;

XRP Ripple continues to fall, and is currently below 0.3 and has formed a suppressed posture. The short-term oscillating trend has been in a broken form. XRP will continue to maintain an oscillating downward trend. The author also mentioned that 0.28 is a key support area. If you hold this area, you can follow up. If you continue to fall below, we have to look at the 0.25 bottom support;

LTC fell to the lowest level of 75, which is also the concentrated area of bulls. You can follow up appropriately afterwards. It is recommended to follow up with high-altitude and low-long. Currently, follow up with long orders in batches at 75-80 to 90. If it breaks through, continue to hold and follow to the high point; support 75, resistance 90;

After BCH formed an oversold trend the day before, it has not been broken recently, so the subsequent decline will slowly change. You can follow up in batches in the 250-260 area and wait for the reversal to come; support 240, resistance 310;

EOS's decline has intensified today, and it is further to If it can return to 4.0, the bottom is formed. If it continues to run below, it may continue to move downward to test the bottom 3.0 area. At present, it is recommended to focus on shock high-altitude low-absorption, build long positions in batches at 3.0-3.3, and follow up with short positions at 4.0;

The recent decline of Bitcoin has led the mainstream currency to break again, and the decline has further intensified; Bitcoin and mainstream currencies have reached a key bottom segmentation area, so once this key area is touched, from the current market point of view, the decline may be terminated, but it does not rule out the idea of the main force to short.