After the global financial reshuffle in 2020, what great changes took put in place the primary game logic of the crypto market?
In 2020, the worldwide financial market is turbulent, as well as the crypto market in addition has undergone huge adjustments. The Bitcoin has experienced extreme slump and swan occurrences are regular. Some investors could be confused concerning the market, aside from the dark swan incident. , The main market force can be a factor that has a great impact on market changes. However, a lot of people may not know much concerning the major force's tactics as well as the reasoning of market games, and they are also interested. At 20:00 for the evening of Apr 8th, the OKEx Cleverness Bureau asked Janson at Bit Villa to talk about the live tone of voice, to show you the "pushing hand" behind the market and the reasoning of the market game.
Guest user profile: Yang Sen, partner of Bithills, initiator of impulse theory, creator of BetaAi The following may be the essence of the sharing: 1. After March 2020, the Bitcoin market has been washed out, the market has basically returned to the primary battlefield of the spot market. However, the pattern of contracts can't be ceased. 2020 is a halving year, which is also a year of contract bull market. Leverage and pattern are king. 2. The concept of "major force" started in the currency markets. There are very major force and ordinary major force in the currency circle. All the unexpected rises and falls in the market are a sort of "shared force" between the major forces. 3. Looking at the partnership between ordinary traders and the primary force from your perspective of game theory, it should be a pig game. The main pressure may be the "big pig" as well as the retail traders are the "little pig". 4. Investors' judgment on market problems should focus on many indications: greed and anxiety indicators, long and short placements, elite positions, adjustments in market trading depth, buying walls and selling walls, changes in the amount of positions, adjustments in market quantity and pattern fluctuations. 5. The main method of the super major force is normally: in the bull market, the negative increase as well as the step back are used, as well as the bull market ends with the skyrocketing technique; and if it is to fall, it will use a unexpected plunge or a resistive fall; In those days, the two strategies alternate, as well as the needle will be inserted up and down completely within a bear market. 6. Next, the pattern of Bitcoin will continue to fluctuate about 7000, looking forward to the introduction of the international situation. Considering the uncertainty of the epidemic, several families can keep 70% of underneath position, open 30% of the positioning near 7000, and gradually open the positioning after the economic downturn. The following may be the full text of the sharing in line with the live broadcast: OKEx Cleverness Bureau: Hi, everyone, welcome to the special live life broadcast class for OKEx Cleverness Bureau fans! This is Yuanyuan, the anchor of the Cleverness Bureau. Being a top quality blockchain column, the OKEx Cleverness Bureau is committed to mining timely blockchain and electronic currency information and in-depth industry analysis from traders. To be able to surrender to everyone because of their direct attention and support for our festival, we will hold fan-exclusive live life broadcasts every once in awhile, inviting senior individuals and well-known scholars in the circle to interpret the blockchain industry and encryption for everyone Trends in the currency market. In 2020, the worldwide financial market is turbulent, as well as the crypto market in addition has undergone tremendous adjustments. The Bitcoin has experienced extreme slump and swan occurrences occur often, but a lot of people could be "pushing" and the market behind the market. The reasoning of the overall game is not nicely understood and filled with curiosity. Today we invite Yang Sen, that has experienced trading experience in the circle, to talk about "After the 2020 global financial reshuffle, which are the major changes in the overall game logic of the crypto market players?" Next, Mr. Yang, please share with us fans of the OKEx Cleverness Bureau State hello close friends~ Yang Sen: Great evening, I'm Yang Sen from Specific Zhuang "Tianqing Contract Group". The golf swing strategy that focuses on contract trading has previously had its own quantitative foundation Beta Ai in North america. Because of the particularity of quantitative trading, just high-frequency arbitrage types with the very least expenditure of 100 BTC are given. This time around, OKEX generally analyzes the adjustments that have happened in 2020 from your perspective of the primary players. It is stated that the fact of market trading is to follow the main players. After guessing the primary force's intentions, you're basically successful. We need to recognize possible. Within the transactional standing chain, the top predator may be the very main force, accompanied by the quantitative firm, and the third is the contract team with assets, and then the top group of retail traders. , And retail traders are ranked last. Because the channels for retail traders to obtain information are very limited, and you can find no specific positive and negative indicators in the currency circle, most of the customers' transactions are unacceptable, and they are in a very passive and disadvantaged state. Everyone understands that the primary force has a certain ability to handle market trends, so it's very essential to trade after understanding the primary force's intentions. OKEx Cleverness Bureau: Okay, welcome to Mr. Yang. Next, we will enter today's Q&A sharing session. 1. Given the serious turbulence in the worldwide financial environment this season, do you consider the cryptocurrency market will change in 2020? Is there any difference from days gone by? Yang Sen: I believe plenty of changes took location. On March 12th and 13th, the special currency fell from 9100 to 3800, and everyone ought to be impressed. Actually, as soon as 2 weeks ago, the dealer of the special dealer said that there is a new web host entering the market, and the capital of 3 billion opened up a position. Searching ahead, it turns out that the very protagonist has forcibly solved this new community. If you go through the span of time in a larger scale, 16 to 17 many years are the place market, and from 17 to 18 many years, there has been a long bear market. During this period, contracts have gradually risen, because the concept of hundred occasions currency has steadily disappeared, and various small coins have been running. Lukang people are growing in endlessly, and everyone is focusing on mainstream currencies and discovering a financial derivative contract that can earn money up and down. Since the contract price is against the regular place, the spot in 2019 is just a cover, as well as the contract is the major battlefield. After the Bitcoin market was washed out in March 2020, the OK contract holdings dropped by nearly 90%, and the market basically returned to the primary battlefield of the spot market. However, the pattern of contracts has been unstoppable, as well as the open interest of varied exchanges is growing for a price of about 5% each day. Everyone should note that 2020 is a halving year, a year having a halving halo. It is destined to be extraordinary, which is also a year in the contract market. Leverage and pattern are king. OKEx Cleverness Bureau: After the slump inside March this season, Bitcoin along with other crypto assets were questioned. Many ordinary investors failed to retain it, which includes people's anticipation of Bitcoin's halving. Do you think most of them had been Does the prediction and analysis logic of the market have to be overthrown and rebuilt? Yang Sen: Regarding whether the analysis logic ought to be overthrown, I believe it is unnecessary. The slump in the market could be omitted. The low shadow line is a long-planned cleanup actions. It is an indisputable fact that the bottom is just about 6000, so now could be a good chance for the market. After all, near the cost of mining devices in 19, You'll find nothing to hesitate. Considering the uncertainty of the epidemic, many families can keep 70% of underneath position, open 30% of the positioning around 7000, and gradually open the positioning after the economic downturn. OKEx Cleverness Bureau: We often see the phrase "principal" in some emotional analysis. What role does the protagonist have fun with in the market? Has there been any change within this color this season? Yang Sen: Actually, the concept of ¨major force〃 comes from the currency markets. It was initially a group produced by large families. It was probable to use their very own capital to leverage the sentiment, and comprehensive a circular of market producing by opening placements, pulling gives, and selling. Get high profits. Within the currency circle, the primary force is actually split into super main force and ordinary main force. You can find a great deal of ordinary main actors, rather than some large groupings, quantitative companies, or contract teams like ours. For example, the previous contract team used the situation of the finish of the Feng Shui time period as well as the increase in mining costs, which suppressed the currency price at that time, and slowly caused collective selling with the miners. By using potential selling pressure from miners, a rounded of market producing was completed. Generally speaking, the extremely main force gives us some "signals", that is the technical language of the disk. You can see that all the good and the bad in the market are a sort of "shared force" action, it is impossible for any one to comprehensive it alone. Therefore, there is a fight between the main forces, but additionally even more of a cooperative relationship. Ordinary major force dominates the niche for 1 tiny to 3 minutes. The very main force is a mysterious group that handles the rhythm. It could dominate the line and the every week level. They hold plenty of data, and they are scattered within a streaking state. Therefore, if we generally see every week and monthly adjustments, it means how the very main players are making market, and their time frame will be fairly longer. OKEx Cleverness Bureau: The game is very important in the financial market, so it's the same in the cryptocurrency market. Can you talk about the game reasoning of the crypto market? Yang Sen: Regarding the game logic of the crypto market, I will mainly say that it is closely related to everyone. I believe the title of the 2010 exam is very good: while looking up at the superstars, you must become down to planet. For the dispersed individuals, what everyone must do is to follow the primary force clearly to use. Let's consider it from your perspective of game theory. The transaction in the financial market is a zero-sum game. Every cash you make has another loser. Can you earn the primary earner? Difficult. 90% of the amount of money you earn comes from individuals whose cognition is behind you. How do i close up the dialog package? Then it must be mixed with the main pressure. Looking at the partnership between us and the primary force from your perspective of game theory, it should be a sensible pig game. I don't know if you've heard about it. The reason is, suppose a large pig and a little pig eat in exactly the same trough, but there is a pedal at the other end. You need to step for the pedal to consume the food. At the moment, if the tiny pig methods on the pedals, then when it comes back, the food will be eaten with the big pigs; then when the big pigs step for the pedals, there will be a certain amount of meals left as it pertains back. Within the currency circle, what we call the wise pig game is actually the relationship between the main force and retail investors. The main force may be the big pig, as well as the retail traders are the little pigs. Therefore, the primary force must start the market, usually he will starve to loss of life, because they possess spent a lot energy for the layout, pulling, and hitting... Ordinary traders just need to follow the pattern and sit back and revel in their achievements. OKEx Cleverness Bureau: Within the volatility of sentiment which has plummeted and skyrocketed, several investors are easily confused concerning the market. Can you share how ordinary investors can capture and understand the developments of very protagonists? Yang Sen: Speaking of this, we must talk about market sentiment. With regards to taking market sentiment, you have to mention Xu Xiang. Xu Xiang is a Chinese stock god. He is recognized for his very strong feeling of trading. He is able to almost make a lot more than 90% precise judgments in line with the perception of market sentiment. So we must focus on a few indicators: 1. Greed and anxiety indicators. Once the market panic indicator is leaner than 10, it means that it is almost time and energy to buy bottoms. 2. Long and brief positions, elite placements, changes in market trading depth, purchasing walls and marketing walls, and adjustments in the amount of positions are important indicators. 3. Market volume adjustments and niche fluctuations may also be called volume-price stability. OKEx Cleverness Bureau: The market is unstable. What changes have been made to the primary force in the market? Do bull marketplaces and bear marketplaces have different reasoning? Yang Sen: This super main force continues to be familiar. From 2019 to today, I have often felt that he is the same super main pressure functioning. Summarize in four phrases: eliminate decisively. Basically, in one round of market, if you wish to rise, you will use the "3 natural and 1 crimson" method to do overcast rises. Before, the market that took one week to complete, today the battle could be solved within 1 day. Sudden skyrocketing developments have been rare this year. Within a bull market, the primary force often adopts the technique of overcast and retreading. Once the bull market ends, it will adopt the technique of skyrocketing. If he wants to fall, he will use two strategies: 1. Sudden plunge (usually in the first hours of the morning, often on the opening of the Western and American marketplaces); 2. Resistance fall (in front of everyone, causing a downward There's an illusion of buying support). Once the bull changes to the carry, two methods are used alternately. If the market is a comprehensive carry market, top of the and lower pins will be used, and there will be many long top and lower shadows for the disk. OKEx Cleverness Bureau: Earlier, Yang Sen shared the related sharing of the primary market developments and games, then I would like to ask two questions about market hotspots and market conditions. Around the evening of April 8th, the production of BCH has been reduced. Around the morning of Apr 10th, BSV will also be halved. Do you have any views on the next market dynamics and potential development of the two currencies? Yang Sen: Both generations of Bitcoin possess finally begun to halve. At this juncture, in general, the halving has nothing in connection with the market. We have been mainly concerned about overseas epidemics. If the United States withstands the pressure of 400,000 bacterial infections and stabilizes the situation, the future will be really good. After all, the water launched will never be collected. In this manner, BCH and BSV will charge all the way and break with the sky. Simply kidding, the crucial thing is to continue to charge with Bitcoin, after all, the daily line is very gorgeous. If the U.S. can't stand it (I believe it's a big probability), it might be a high shipment rate prior to the halving, struggle for some time, and then shut down. We must prepare yourself with both hands and be prepared to escape. In fact, we can see that the pattern of BCH has retraced. Therefore, I suggest which you do a partial sell-off and do not leave too many chips in the hands. The future is in the fingers of the coronavirus, not really in our fingers, nor in the fingers of the primary force. There's everything if it could survive, and when it fails, the worldwide economy will decrease. Therefore, everyone should not have too much expectation for the halving market, and hurry to hoard the spot, getting excited about the halving of Bitcoin the following month just like the Prince (BCH). This chance is not to express that there surely is no, but I believe it is not likely. OKEx Cleverness Bureau: Before two times, the global financial market begun to slowly present signs of recuperation. Bitcoin also led the market to rush up-wards, breaking through the prior 7000 resistance zone. What do you consider of the next trend of the cryptocurrency market? Kind of? Yang Sen: Personally, i think that the existing market growth will continue to fluctuate around 7000, looking forward to the introduction of the international situation to become clear. Generally speaking, the primary force still wants to dispatch. After all, we can see that there are a great number of large orders from the market, and here ought to be another chance of more than $1,000. OKEx Cleverness Bureau: Okay, because of Mr. Yang for the solution. The last issue, our OKEx Cleverness Bureau is a stop chain popularization information column, established to become an evangelist for that stop chain industry. So what does Mr. Yang expect in our OKEx Cleverness Bureau? Yang Sen: Inside our opinion, blockchain is in its infancy, and its own application is much behind finance. Those who found this industry said that they were studying blockchain technologies. I think they were joking. They're actually learning how to trade, that is essentially a normal financial trading market. However, the threshold of transaction finance is too much. Too many specialized languages ??and too many information sources require comprehensive analysis, that is not something ordinary people can do well. So I have some personal ideas for the OKEx Cleverness Bureau. You can certainly do even more basic trading understanding, such as what's the K-line, what's the stop-loss and stop-loss, what's the moving average, what's the Bollinger band, etc., could have even more landing value . Needless to say, within a vertical assessment, the OKEx Cleverness Bureau is already doing well. Lastly, I wish the OKEx Cleverness Bureau, beneath the leadership of the beautiful anchors, will grow bigger and larger, and the amount of enthusiasts will grow just like a big bull market, and it'll be better and better on the road of encrypted assets. The following may be the part of answering questions from fans in the interactive session: Donald Duck: Instructor, how to buy this market following? Yang Sen: We have to not bet the chance in market sentiment. As stated earlier, a small number of positions could be opened up at the positioning of 7000, and positions could be opened up in batches. Brother Tao: Instructor, this time around halving, what do you consider? Yang Sen: Halving is definitely a false proposition. It is something that happens naturally beneath the blockchain mechanism. Do you say it is good or poor? In my opinion, this can be a neutral news. I nevertheless said that, don't pin your expectations for the halving soaring, but seize every short-term chance. Brother Tao: Exactly what will be the following dip? Yang Sen: Again, what are we facing? A full time income participant, ideal. What determines the market conditions? It is up to visitors to decide, and folks are changeable. Therefore, don't blindly figure where the underside is, just seize short-term opportunities, which can also avoid some dangers. OKEx Cleverness Bureau: Fine, I'm really honored to have Mr. Yang being a visitor at OKEx Cleverness Bureau. Thank you for your amazing sharing tonight and clarify the reasoning behind the market. Thanks and to the enthusiasts who found the live life broadcast area to take part in this live life broadcast class, and thank you for your assistance! Our sharing class is here now for today~ Note: This content shared this time around consists of the interpretation of the market and only symbolizes the personal views of the guests. Investment is dangerous, OKEx Cleverness Bureau reminds traders to use rationally.
