author Yasuo MatsudaRakuten Wallet Senior Analyst
Majored in the international monetary system at the Faculty of Economics, University of Tokyo. He is engaged in foreign exchange and bond sales and trading at Mitsubishi UFJ Bank and Deutsche Bank Group. Since 2018, she has been engaged in analyzing and forecasting the crypto-asset market at a crypto-asset exchange company, and is forecasting a peak of 8 million yen in 2021 and 5 million yen at the end of the year, which is almost right. Current position from January 2022.
point
・Try $24,000 this morning
・End-of-month option cut ・Futures expiry, range up from $23,000
・Led by altcoins such as DOGE and LTC
・The event will continue from Wednesday this week, but there are no noticeable indicators today, so it is a wait-and-see
Weekend BTC Market
Weekend BTC market is strong.
The price continued to trade around $23,000 (approximately 3 million yen), but it has risen since yesterday, reaching just short of $24,000 (approximately 3.1 million yen) this morning.
Last week’s BTC dropped to mid-$22,000 (about 2,850,000 yen) before the option cut on Friday, but recovered to around $23,000. Expansion continued.
After passing the option cut, BTC lowered to the $ 22,000 level in response to Silvergate, which was disgusted with the restructuring announced at the beginning of the year, which operated a bank closely related to crypto assets, and decided to stop dividends on preferred shares. However, buybacks dominated toward the final trading hours for January BTC futures on the CME.
In addition, although crypto-asset-related stocks had mixed price movements, Coinbase stocks remained strong, and BTC returned to the $23,000 level and remained firm.
From Saturday to Sunday, Dogecoin (DOGE), which E-Mask tweeted that he hoped to introduce it to McDonald’s, rose, followed by LTC with a record high hash rate, Polygon (MATIC) and Solana (SOL). Altcoins around the 10th place in terms of market capitalization have risen to buy. Then, BTC also went higher, hitting the year-to-date high that was set after the announcement of Tesla’s financial results on the 26th, and approaching $24,000 with less than $50.