The trading volume shrank again. Now the price is totally dependent on the selling and buying of big investors. It’s hard to believe that someone is still crashing the market at this low price. The price is supposed to bounce to the pressure line in my view.

From another perspective, a lot of people are going short at this low price, the market maker intends to destroy their position and drink their blood.

Plus, there are still a lot of stupid speculators who always buy high and sell low, we need an impressive rise to get them in.

Altcoin index 1 is 9.17, down 1.13%, altcoin index 2 is 3.22%, down 3.1%, once again mainly caused by Auroracoin.

The rate of litecoin:bitcoin maintained at 0.027 . But the head above is too big, the possible rise is too small. In addition, despite the recent depressed price movement of Doge, it is still a strong challenger against litecoin. So it is better to buy bitcoin than to buy litecoin.

A lot of altcoins became active today, but I still can not find a good speculating strategy here, so just buy a little bit altcoins that dived sharply before. The bigger the dive, the better. Don’t buy coins with the mark of “**” that are pre-mined significantly.