Chart Analysis
The nature of trading is that the market has divergent views on price and value, so the main driver of price is the psychological subjectivity of investors.
expected, and theThe laws of human nature are ever-changing.So the price movement is just a manifestation of human nature.
Driven by HumanityTrading behavior will always repeat itselfTherefore, traders will look for opportunities in the market through anti-humanistic logic.
If you are relying on chart analysis alone, you may have already noticed the top divergence on the daily chart in March/April.
Chain Data
All data, including transfers, deposits, withdrawals, arithmetic, addresses, and availability, are recorded on the blockchain.Guarantee the reliability and authenticity of data sources; counter-objectiveLow transparency in traditional financial marketsThis is the first time in the history of the company, and most investors will always be late in reacting to it.
The ever-present on-chain data filters out unnecessary information for investors and reflects more than human nature. Investors can refer to past on-chain data trends for peer-to-peer modeling to predict the future direction, or to know what's happening on the blockchain right now, and the potential analysis results are more relevant and realistic than graphical analysis.
If you analyze the data from the buried chain, you can use the past data as a reference level for the overbought and oversold zones, and at the same time, you can know that the BTC price has entered the overbought status at an early stage, so that you can more effectively formulate a trading or investment strategy.
