cryptocurrency money market Overview

These are just my superficial thoughts on the market, which are not necessarily correct and do not represent any investment suggestions. As you can see, the market is indeed full of all kinds of variables. In the case of sudden news, the trend of the market can be reversed 180 degrees. So change and uncertainty are the charm of the market.3489 points, which is also the closing price of the big yinxian line on October 8! If the Shanghai Composite Index opens higher to around 3489 tomorrow, it may open higher by more than 2.5%. Then next, I think the market may open higher and lower, and eventually close the false negative line.There are many such examples in history. Of course, the latest example is October 8th. This kind of buying pressure accumulated because of heavy profits was released at the opening. However, because of the excessive opening, the bulls consumed all their strength from the beginning, and eventually there will be a high opening and a low going.

Statement of the work: Personal opinion, for reference only.Another recent example was on August 28th last year. We saw that stamp duty and other "four benefits" were issued at that time. At that time, the Shanghai Composite Index rose by more than 5%. But then the Shanghai Composite Index only rose by 1.13%. The opening is the highest price, and the closing is almost at the lowest price.Another recent example was on August 28th last year. We saw that stamp duty and other "four benefits" were issued at that time. At that time, the Shanghai Composite Index rose by more than 5%. But then the Shanghai Composite Index only rose by 1.13%. The opening is the highest price, and the closing is almost at the lowest price.

I have to say that the good news after the market today is particularly significant, which has completely reversed the expectations of the short-term market. Originally, from the technical analysis, the market index will take a double bottom trend with great probability, but at present, it seems that under the stimulus of good news. The short-term market should be seen more. As a veteran of the pure technical school, I have to turn around and watch too much in the short term at this time-the good news is too great!Statement of the work: Personal opinion, for reference only.