Rising and falling, Bitcoin fell below 35000, Ethereum hit over 1780 positions and sold out over $100 million

After failing to challenge $36000 on the platform yesterday, Bitcoin experienced a volatile decline, with its lowest point reaching $34300 late today (3rd) and Ethereum reaching $1780.The price of Bitcoin (BTC) fluctuated at a high point for several days and was only less than $20 away from $36000 at around 10 am yesterday (2nd)

After failing to challenge $36000 on the platform yesterday, Bitcoin experienced a volatile decline, with its lowest point reaching $34300 late today (3rd) and Ethereum reaching $1780.

The price of Bitcoin (BTC) fluctuated at a high point for several days and was only less than $20 away from $36000 at around 10 am yesterday (2nd). But then there was a surge of selling pressure, and Bitcoin began to fluctuate and fall, reaching a late night low of $34300.

Before the deadline, the current price was $34503, down 2.62% in the past 24 hours; Is it still continuing to stabilize at $34000 and then move upwards, or has the high point reached and started a correction? We still need time to observe.

Ethereum fell below $1780

Ethereum's trend is similar to that of BTC, but the decline is more severe. It hit a low of $1780 around 9 o'clock earlier and has fallen by 3.4% in the past 24 hours.

Over the past 24 hours, the entire network has sold out 140 million US dollars

The fierce market situation has led to liquidation of up to 50767 investors in the past 24 hours, with Bitcoin exceeding $43.8 million and Ethereum exceeding $27 million in total positions. The entire network has sold out over $140 million, with most of the long positions being liquidated.

The Federal Reserve decided in November not to raise interest rates

We know that the Federal Reserve announced in the early morning of the 2nd that it will continue to maintain the federal benchmark interest rate at 5.25% to 5.50%. The results that met market expectations made investors believe that the Fed may have ended its interest rate hike cycle, leading to both US stocks and cryptocurrencies rising.

However, despite this, US interest rates are still at their highest levels in over 20 years, posing severe pressure on economic development. Can the economy achieve a soft landing in the future and Bitcoin stand firm against the backdrop of a recession? We still need time to verify.

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Advantages of CCR robots

1. Compatible with mainstream platforms
Your funds are on mainstream global trading platforms, safe and worry free, without worrying about the safety of your principal.

2. 7 * 24-hour non-stop, fully automatic execution
The robot runs 24 hours a day on the cloud server, constantly powered and connected to the internet. After initializing the parameters, the robot will automatically trade according to the strategy. Automatically buy or sell when the set conditions are met, without the need for long-term trading.

3. Develop trading strategies and position allocation
The robot is equipped with multiple trading strategies, ranging from "conservative -" to "radical+", to meet different types of risks. After setting the strategy, the robot will intelligently allocate the positions and conditions for each order entry, strictly execute the trading strategy and transaction replenishment strategy, and adjust in real-time based on the current market situation and cloud big data.

4. Simultaneously monitoring multiple trading varieties
It can support hundreds of transaction currencies to run transaction strategies simultaneously, with independent threads for each variety, automatically monitoring quotation depth, strategy calculation, and real-time monitoring of transaction conditions to ensure real-time transaction execution.

5. Intelligent tracking to stop profits, allowing profits to fly for a while
Set triggering conditions, and once the profit ratio meets the conditions, the robot will automatically trigger tracking to stop the profit. With the continuous increase in market prices, the profit ratio continues to exceed the highest value; When the price drops, trigger the closing condition and stop the profit exit.

6. One click policy setting, one click start
Bosen has been working hard to reduce the operational difficulty of quantitative trading. In the robot, fill in the warehouse, variety quantity, select the risk type, and you can set and start with one click. Novice to digital asset trading, easy to get started and quick to use.

7. Tracking warehouse building and delaying order replenishment
In response to the downward trend, it is necessary to make a 1% pullback before building a position. That is, if the algorithm's position building point is reached and the market continues to decline, the order replenishment will be automatically delayed to achieve the lowest possible order replenishment and lower transaction costs.

8. Intelligent waterfall prevention
Within 5 seconds, the market suddenly experienced a waterfall like decline, temporarily suspending the replenishment of orders, making trading safer.

9. Avoiding the influence of objective emotions and strictly implementing strategies
Strictly judge signals, avoid the influence of artificial subjective emotions, and resolutely do not make up orders, trade, or close positions if they do not meet the conditions.

10. Official recommended currency
I don't understand coins and don't know how to filter them. You can choose the official recommended currency without worrying about zeroing or air coins. They are all high-quality currencies.

11. The Perfect Combination of Artificial and Intelligence
No need for manual intervention, fully automated intelligent trading. The coins manually purchased by users can be entrusted to the robot for monitoring and selling, or the robot's parameter instructions can be manually modified according to their own ideas, making profits higher and earning more profits.


12. Grid Stop Profit Strategy
The robot simultaneously monitors the overall strategy and the profit and loss status of each order. Even if the overall profit and loss conditions of the strategy are not met, it can still earn profits by taking orders. If the market fluctuates near the end of the order, it may continue to earn profits and reduce the burden of holding positions,
For more information, please contact the author.

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