Trading coins is not a laughing matter, and it's even less funny when you lose money from trading coins. This is the dream of an individual, as well as the dream of many people, including Li Hui! In this manipulated and materialistic society, can ordinary people really sustain their dream world? Li Hui believes that decentralization is the perfect track, allowing us to seize our own opportunities and achieve a perfect comeback in life!

In this vast world, meeting is fate. Perhaps your benefactor has appeared, and your turnaround may be today! As the saying goes, "You need it, and Li Hui is professional." Some opportunities are just the path to success! Whether it's accurate or not, you'll know after a few trades. It's useless to just talk about it on paper; Li Hui will continue to uphold professional knowledge, meticulous analysis, and unique position-building techniques, assisting every coin trader in successfully gaining valuable wealth and continuously realizing their own value in the coin circle!

Recently, many coin friends have asked Li Hui whether they should buy YOYO coin and how to view the current market. Below are some of Li Hui's opinions and short-term market analysis of YOYO coin:

First, let's talk about the advantages:

High performance and scalability: YOYO coin's blockchain design aims to achieve high performance and scalability. It uses the Delegated Proof of Stake (DPOS) consensus algorithm, which enables fast transaction confirmation and the ability to process a large number of transactions.

Low cost and high throughput: YOYO coin's design aims to reduce transaction costs and increase throughput. Its high performance and scalability enable YOYO coin to handle more transactions, and the transaction fees are relatively low.

Smart contract platform: YOYO coin provides a complete smart contract platform, allowing developers to write and execute smart contracts. This provides convenience for the development of decentralized applications (DApps) and helps to further advance blockchain technology.

Now, let's talk about the disadvantages:

Centralization: YOYO coin's consensus algorithm uses Delegated Proof of Stake (DPOS), which means that only a few representative nodes can participate in block validation and production. This may make YOYO coin's network more centralized compared to other decentralized blockchains, posing certain security and manipulation risks.

Governance mechanism issues: YOYO coin's governance mechanism is also controversial. Due to the significant influence of a few representative nodes, governance decisions of YOYO coin may be controlled by a few individuals rather than the consensus of the entire community.

Facing competition: As a smart contract platform, YOYO coin faces challenges from other competitors such as Ethereum. These competitors are continuously developing and improving their own technologies, attracting developers and users to join their ecosystems.

Short-term market analysis: The 1-hour K-line has tested the support level at 1.05 multiple times in the recent period, indicating that this price level has some buying support. The DIF and DEA of the 1-hour MACD indicator are both in the negative zone, and the MACD histogram has turned from negative to positive, suggesting signs of a possible rebound or trend change. The J value of the KDJ indicator has exceeded 80 in the past few hours, entering the overbought zone, but then fell back. The current K and D lines are still running at high levels, so caution is needed for the risk of a pullback. The EMA7 has been attempting to approach the EMA30 in the past few hours, and if it successfully forms a golden cross signal with the EMA15, it would be a bullish sign.

The 4-hour K-line formed a hammer pattern last night, which is a normal signal for a rebound. The coin price tested the 1.06 position, indicating selling pressure at that level. The DIF and DEA of the 4-hour MACD indicator are both in the positive zone, and the MACD is shrinking and moving upward. The KDJ is once again approaching the overbought zone, and the EMA is under pressure from the EMA15, with support from the EMA30. If the EMA7 continues to turn upward and crosses the EMA15, the coin price will have a significant breakthrough.

The daily K-line data is also normal, and there will be strong support at the EMA15 in the short term. The overall direction remains unchanged, so it is still advisable to maintain a low long position.

Based on the above indicators, it is recommended to go long at the first rebound level of 1.0500, and go long at the second lower support level of 1.0450, with a stop loss at 1.0415. The upper target of 1.0750-1.0800 has a delayed article review, and the market is constantly changing. Please set your take profit and stop loss, and take profits when the opportunity arises!

I, Li Hui, interpret world economic news, analyze the overall trend of the global coin circle, and have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other currencies while studying in the United States. For those who are not familiar with operations, feel free to leave a comment!

You can follow the author by scanning the QR code below!

This article is exclusively published by (WeChat: Zhang Li Hui) and does not represent any official position. The article review and publication process may have a delay, and the above points are for reference only. Please bear the risks on your own! May we always carry humility and courage in this complex coin circle, fear no challenges, and dare to explore. Just as the saying goes, "The road ahead is long, I will seek with my heart." May we read countless books, keep up with the times, and draw wisdom from the fountain of knowledge. After traveling thousands of miles, experiencing storms, witnessing scenery, and understanding life, may you, under Li Hui's guidance, heed advice, play to your strengths, and create value together. May we always remember the baptism of the market, not forget our original intentions, and thus achieve consistency. In the wave of digital currency, let's hold onto our beliefs with Li Hui, be steadfast, and move forward courageously. May we jointly compose the future's brilliant chapter and share the joy of success. Let's gather in the turbulent world of digital currency, make the most of our time, and create brilliance together. Li Hui is willing to embark on this challenging and opportunistic investment journey with you.

Friendly reminder: The content above is created by the author's official account, and the advertisements at the end of the article and in the comments section have no relation to the author. Please discern carefully, and thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。