ETH, EOS fell sharply

BTC has entered a short-term contraction, and the volume has increased. The short-term MACD has shown a bullish trend. It is expected that the short-term stop is likely to fall, forming an oversold callback.

 

At around 17:39 in the evening yesterday, the market suddenly plunged. The BTC formed a heavy volume decline at 17:47. After a 4% drop in 15 minutes, it adjusted slightly. The volume fell again. Finally, the BTC fell below 7,000 US dollars, with an amplitude of 6.97%. $250, amplitude 13.43%, EOS price fell to $5.6, amplitude 15.41%, BCH fell to $553, and amplitude was 13.75%. This downturn, the major currencies have basically fallen below the increase since September, and also really puncture the adjustment pressure brought by the recent rise of BTC. That is, although the BTC continues to rise, the MACD indicator after entering September has remained vaguely diverging. The adjustments that have been made many times have been pulled up and finally reached the threshold, reflecting the panic selling situation of heavy volume falling, no matter which. Only the currency was sold, and BTC was the main driving force behind the decline.

 

Cryptocurrency Markets:

As of 7:00 pm on September 5, according to Citicoins data, the total market value of the digital currency market was 224.2 billion US dollars, which was 12.81 billion US dollars lower than the total market value yesterday, down 5.41% from the previous month; the market transaction volume was 14.69 billion US dollars, an increase of 2.8 billion US dollars compared with yesterday. The chain increased by 23.61%.

 

According to the data of the Huobi Global Station, the USDT price off-market premium was 0.85%, up 0.79% from the previous month; the BTC off-market premium was 0.04%, up 0.08% from the previous month; the ETH off-market premium was 0.73%, up 0.57% from the previous month.

 

Only 6 of the top 100 digital currencies monitored have risen, with the decline mainly distributed within 10%. The market fell by an average of 7.55%. BitcoinDiamond rose by 124.22%, Dropil rose by 13.28%, and Holo price fell by 20.48%.

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