Bitcoin:

Price in Chinese trading centers is rising step by step with a big momentum; it may rise further to around 4000RMB today. There are little trading volume in foreign trading centers, but price is basically stable above $ 630.

I can not imagine a more bad news will emerge recently after MT event, If there is no bad news, price will slowly rise. As long as more and more people are coming into the market, the price will rise.

Operation suggestion is the same: firmly hold your coins, new comers can build position within a month.

 

Altcoin:

Litecoin has a shrinking volume at high price. Because it’s getting closer to $20/RMB120 intensive area. You should know better than to buy high. If you have made profit, you’d better change your litecoin into bitcoin. Before breaking 300RMB/48usd, its rise is difficult to surpass bitcoin, and it will drop much more sharply than bitcoin when the market is falling. So holding bitcoin is better.

The market maker of Doge has taken a lot of big actions. Yesterday, Doge rose as much as 60%, indicating that the market maker is playing the trick of “pump and dump”. Although Doge has got a lot of attention in foreign countries, its newly-mined coins every day is as much as litecoin’s in value, 300K USD is needed to digest these newly-mined coins. So there would be no big rise in recent times, let’s wait until it becomes stable at low price.

Coinmarketcap cannot be accessed, so Altcion index can't be delivered right now.

 

I’m optimistic about the future of altcoin price in the long run, because there is no more profit to make in the enterprise board of China’s stock market, hundreds of market makers are looking for new prey, altcoin is a good choice for them, so altcoin index is possible to reach 20, even 30. But now we have to wait, we should keep our bullets, this is the key in speculation.