Coin Zone Trends: Bitcoin Price Trends Based on Big Data This Week (2016-04-07)

1. Price Trends
The current situation is:

A. According to what Zhang Jian of Huobi.com said, the big cryptocurrency speculators (i.e. the bankers) are also waiting and watching, and they may also go to the stock market;

B. The continuous inflow of funds from new entrants seems to be able to maintain the current coin price;

C. Large coin holders (maybe early coin holders or large miners) have a need to cash out;

D. The long and short index in the market slightly turns to bullish (short term);

E. Bitcoin halving is approaching;

F. The influence of MMM has weakened;

G. There is currently no very specific solution for capacity expansion.

The current price of the coin is fluctuating between 2600 and 2800. Holding the coin for a few months may be a good opportunity to enter the market. If there is no big investor, the price will not fluctuate much in the short term, and the short-term trend may still be almost sideways. Of course, it may still be a trend similar to slow rise and sharp fall.
2. The newcomer index looks at the amount of funds entering the market
The newcomer index yesterday and the day before yesterday was relatively good.

3. The long-short index looks at the market's recognition of the currency price
The long and short index has turned long in the past two days.
The above data is updated in real time, and the chart was updated at 09:00 on April 7. We will continue to observe how the data will develop in the future.
4. Is it suitable to invest in Ethereum at present?
Technology will continue to develop and update;
Technology can only solve technical problems, not human problems. One technology can have many alternative technologies;
Whether a technology can be widely popularized around the world is not determined by how advanced the technology is, but more often by how much power is willing to continue to make efforts for it and resist the resistance of old technologies and old interest groups.
Investment products that have skyrocketed are likely to fall because they lack a solid foundation and a wide audience.
At present, investment in data currency is best regarded as a speculative investment with strong attributes, and it is not advisable to invest in full positions;
The risks and benefits of entering the market at each price point are different;
Don’t have this idea: “In the long run, it will go up anyway, just buy it and leave it alone.” Bitcoins above 5,000 yuan and Litecoins above 300 yuan have been stuck for two years, and it’s unknown when they will be unstuck, not to mention other niche altcoins.
Those who claim that "we invest in technology, not price, discussing price is low-brow" are all hooligans;
You can "trade time for space" and observe for a few more months to see whether the price and technology become more mature and more people use it.
5. Automated trading of digital currencies
It is understood that there may be more than one thousand automated trading robots in operation in the domestic Bitcoin market. Currently, there are mainly the following types of automated trading robots:
Hedging arbitrage between platforms: First, you need to have money and coins on both platforms (if you don’t want to hold coins, you can borrow them). For example, the current price of Huobi.com is 2745, and the price of OKCoin is 2747. The robot will buy one coin on Huobi.com and sell one coin on OKCoin at the same time. When there is no price difference between the two markets, sell the coin bought on Huobi.com and buy back the coin sold on OKCoin, so you can earn 2 yuan difference.
Quantitative trading based on statistics: using statistical methods to find specific patterns of price fluctuations. For example, if the daily price fluctuation of Bitcoin reaches more than 30%, the chance of rebound or callback is very high. Of course, using statistical methods, we can analyze more microscopic and complex patterns that cannot be distinguished by the naked eye. At present, Shanghai Leiying is doing well. It is understood that they have achieved relatively good returns, and the support behind them is many mathematicians.
Quantitative trading based on data analysis: Quantitative trading based on data analysis basically follows the route of artificial intelligence (AI), which can see the overall market picture from a higher level and grasp the market as a whole. At present, the securities market has launched a relatively fierce competition. Many traditional market quantitative trading funds based on mathematics are slowly moving towards the direction of data analysis. In March, a quantitative hedge fund in Hong Kong went online. They have achieved full robot operation and a model without human intervention. They obtained 2% of the profit on the first day of going online. In the field of digital currency, only Bifu.com is currently exploring in China, and it is expected that products will be launched soon.

PS : Cryptocurrency investment is particularly risky, including but not limited to large coin hoarders dumping their coins, market makers manipulating the price of coins, and systemic risks of cryptocurrencies themselves. This article is for reference only. The market changes 24 hours a day, and the description in this article also has certain time limits and limitations. Investors are responsible for their own investments, and the author of this article or related websites are not responsible for the specific investments of investors.