how is the value of cryptocurrency determined, Top stories

2024-12-13 04:47:35
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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.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.


Statement of the work: Personal opinion, for reference only.So which direction are we going to have a look tomorrow? Personally, I still feel that there has been a serious deviation from the large-cap heavyweights because the small and micro-cap stocks have risen particularly sharply recently. Therefore, I personally think that the direction of the layout should be based on the weight plate. For example, the second of the four directions I told you in the "weekend strategy" video last Saturday: the direction of securities and liquor!


So which direction are we going to have a look tomorrow? Personally, I still feel that there has been a serious deviation from the large-cap heavyweights because the small and micro-cap stocks have risen particularly sharply recently. Therefore, I personally think that the direction of the layout should be based on the weight plate. For example, the second of the four directions I told you in the "weekend strategy" video last Saturday: the direction of securities and liquor!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.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.

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