Market Analysis on January 21, 2019

1.V God: Constantinople hard bifurcation will not affect the Casper/Sharing/Serenity process. 2. Singapore: Digital Money Exchange needs to apply for a licence to operate in compliance. 3. Governor Jiang Yuandao of Korea: To cultivate Jiang Yuandao into a special economic zone of the world block chain. 4. The Block Chain "Waste Battery Circulation Management System" was selected as the public pilot project of Jeju Road in Korea. 5. Sichuan provincial government actively lays out digital economy such as block chain. 6. Secretary of the CPC Committee of the China Securities Association: The securities industry should keep up with the historical opportunities of scientific and technological changes such as block chains. 7. Fire coins are licensed by the Financial Regulatory Authority in Japan. 8. Australian Bitcoin ATM has a weekly turnover of A$500,000. 9. Darling Think Tank: The market for encrypted asset derivatives is still in its infancy.

BTC/USDT

(4-hour chart)
The BTC daily line harvested a larger negative line, which covered all the intervals from January 14 to now. The upward momentum and its limitation increased the possibility of breaking the track in the 4-hour chart. In the short term, if there is no good news, the market will continue to consolidate within the channel and fall more likely. Upper pressure 3735 4000 lower support 3400
ETH/USD

(4-hour chart)
Since January 14, ETH has been in a downward trend, with very weak upward momentum. Yesterday's 4-hour chart, the downward breakthrough since January 14 convergence triangle shape, increase the possibility of the market to continue downward, in the short term see whether the line near 111 can be effectively supported, if the position breaks, then the market may move towards 80 position.
Upper support 119 131 and lower support 111 105
EOS/USDT

(Daily time chart)
EOS yesterday's daily line also followed BTC out of a larger entity's negative line, and almost covered the consolidation rising range since January 14. The daily chart is under the pressure of the 60-day average, and the upward momentum is weak. If there is no more favorable news in the near future, the market may move downstream, perfectly completing the decline since January 10. Upper pressure 2.38 2.50 lower support 2.27 2.10