加密貨幣市場、美股、港股每週分析 13/12/2021-19/12/2021

My analysis is based on technical analysis. It should be recommended that fundamental analysis should be conducted before a decision should be made, especially for stocks. This article serves for educational and analytic purposes only. Please do your own research.

This week’s analysis targets: BTC, MDT, CRO, ATOM, SOL, AVAX, NASDAQ, Tesla, HSI

I will first share some news and then analyze the targets.

Some news about the markets

Crypto
US senators are learning about crypto and systematic regulations are expected to be enforced in the near future.

US stock market
US inflation is unavoidable. The worst since 1982. David Westin expected a rise of more than 4% annually. A panic period is expected in the US stock market Rattner said.
JP Margan was fined because of a violation of the workers’ technological communication monitor.
Elon Musk has sold another $963 million of Tesla stock. A total of 9.85 billion was sold in the last month. He also exercised stock options to purchase 2.17 million shares.

Hong Kong and Mainland stock markets
The People‘s Bank of China has cut the reserve requirement ratio (RRR) for major commercial banks by 0.5 percentage points, releasing 1 trillion yuan (US$154 billion) worth of liquidity into the interbank system

Global politics
The Winter Olympics in China is boycotted by a few western countries.

Crypto market analysis

Target: Bitcoin
Last Analysis Review: I have pointed out that BTC’s price at 49000 was very critical. It was at the crossroad. If the price went up to 50000 stably and firmly, it is a sign of momentum recovering. But if the price went down to 48000 or lower, the bear market would continue. It needed more time to see which direction 49000 would go.
This week’s analysis: One week later, BTC has gone up and downs between 46751 to 51963. At the moment (13/12, 00:28 UTC+8), the price of BTC is 49728. It makes no progress. So I remain in last week's analysis until the price really "chooses" a direction. It is fluctuating in a narrow range. One thing should be noted, a lot of altcoins are running a bearish trend. If this case goes worse, BTC is likely to go down along with the altcoins.
Trade Direction: Swing trade but risky.

Ranking (Long Side):
Graphic Trend: 2/7
Indicator: 3/7
Market Environment: 2.5/7
Price Position: 3/7
Overall Ranking: 2.625/7

Target: MDT ($o.119, 11/12, 17:35 UTC+8)
Last Analysis Review: I did not mention.
This Week's Analysis: I have learnt MDT on 7/12. I found it was great. The project is about big data. Measurable Foundation (MDT) is an ecosystem to collect users' data, analyze the data, and sell the data. People's data if used properly can generate a lot of profitable business ideas and plans. Therefore, our data are sold by different companies without notifying and rewarding us. MDT is a token that makes this cycle better. If users contribute their data to the ecosystem, users are rewarded by the ecosystem. It improves the data cycle a lot. People can finally get their shares! The profit model of MDT is also very clear. So I have bought some MDT on 8/12.
Since MDT has been listed on Coinbase at 9 AM PT on 9/12, MDT has been on fire. A record high ($0.154) has been reached on 10/12. MDT is very volatile since 9/12. The trading volume has increased since 4/12 and then burst on 9/12 together with the price. A significant number of investors are selling their positions to make profits. These positions are handed over to the buy-side. If the price goes below 0.09, the sell-side is much stronger than the buy-side. It should be careful. Another observation is about the token distribution. The top 5 holders excluding Binance wallets are holding 26.8% of the tokens. It is not a good sign for potential investors.
Trade Direction: NA

Ranking (Long Side):
Graphic Trend: 3/7
Indicator: 4/7
Market Environment: 3.5/7
Price Position: 3/7
Overall Ranking: 3.375/7

Target: CRO ($o.594, 10/12, 22:11 UTC+8)
Last Analysis Review: I didn’t mention CRO’s trend last week.
This Week’s Analysis: CRO has gone down a lot since the last rally in mid-November. A lot of selling positions have been executed to make a profit when CRO rose to a historical high. A plummet occurred because of this. The downtrend seems running much slower in the last week. But it is still in a downtrend. I would say, although it is still in a downtrend, the momentum of the downtrend is reducing.
Trade Direction: A short position is more advantageous in a downtrend. But be careful of the weak momentum.

Ranking (Long Side):
Graphic Trend: 3/7
Indicator: 3/7
Market Environment: 3.5/7
Price Position: 3/7
Overall Ranking: 3.125/7

Target: ATOM ($23.6, 10/12, 22:34 UTC+8)
Last Analysis Review: Correct. I stated that ATOM was running a downtrend last week.
This Week: Remain last week’s analysis
Trade Direction: A short position is more advantageous in a downtrend.

Ranking (Long Side):
Graphic Trend: 2/7
Indicator: 2/7
Market Environment: 3.5/7
Price Position: 4/7
Overall Ranking: 2.875/7

Target: SOL ($181.96, 10/12, 22:34 UTC+8)
Last Analysis Review: Correct. I stated that SOL was running a downtrend last week.
This Week: Remain last week’s analysis. SOL’s trend is weaker than ETH's.
Trade Direction: A short position is more advantageous in a downtrend.

Ranking (Long Side):
Graphic Trend: 2/7
Indicator: 2/7
Market Environment: 3.5/7
Price Position: 4/7
Overall Ranking: 2.875/7

Target: AVAX ($88.86, 10/12, 22:39 UTC+8)
Last Analysis Review: Correct. I stated that AVAX was running a downtrend last week.
This Week: Remain last week’s analysis. But it should be noted that AVAX’s upward momentum is recovering. It still needs more evidence to see whether the downtrend is needed or not. $80.66 and $97.5 are critical support and resistance for the observation.
Trade Direction: More evidence needed for a safe trade

Ranking (Long Side):
Graphic Trend: 2/7
Indicator: 1.5/7
Market Environment: 3.5/7
Price Position: 5/7
Overall Ranking: 3/7

US stock market analysis

Target: NASDAQ
Last Analysis Review: I made the only mistake since my article has been published. A downtrend was identified in my last analysis. But it was wrong. The NASDAQ had a sudden burst on 7/12. The rebounce has changed the trend.
This Week: It is volatile at the top now. It still needs more evidence to see whether the momentum has been recovered. 15517 and 15793 should be marked.
Trade Direction: N.A. or a risky bet

Ranking (Long Side):
Graphic Trend: 3/7
Indicator: 3/7
Market Environment: 3/7
Price Position: 2/7
Overall Ranking: 2.757

Target: Tesla
Last Analysis Review: I did not mention last week.
This Week: The price of Tesla is being volatile in a broad range at the top. A slightly downward is observed.
Trade Direction: N.A

Ranking (Long Side):
Graphic Trend: 3/7
Indicator: 2.5/7
Market Environment: 3/7
Price Position: 5/7
Overall Ranking: 3.375/7

Hong Kong stock market analysis

Target: HSI
Last Analysis Review: I didn't mention it.
This Week: A downtrend is identified but the downtrend is much weaker. A bottom structure is being built.
Trade Direction: NA

Ranking (Long Side):
Graphic Trend: 3/7
Indicator: 3/7
Market Environment: 4/7
Price Position: 5/7
Overall Ranking: 3.75/7