use of cryptocurrencies Top Block

So what's the final conclusion? After closing at noon today, my conclusion is that the market may have limited room to fall. It is expected that the short-term will gain support quickly. You don't have to worry too much.First, good cash. Everyone knows that the rebound in the last two days is actually the expectation of a heavy meeting. After the meeting, after the favorable situation appeared, the market had a favorable cash effect! In fact, almost every time the market goes this way. Before the favorable situation appeared, the market began to rise, but once the favorable situation landed, the market actually fell.Then how will the market go next? Where is the support point of the market?

It is not surprising to me that the market has gone out of this trend today. This is also the adjustment that has been expected. There are two main reasons for today's market adjustment:First, good cash. Everyone knows that the rebound in the last two days is actually the expectation of a heavy meeting. After the meeting, after the favorable situation appeared, the market had a favorable cash effect! In fact, almost every time the market goes this way. Before the favorable situation appeared, the market began to rise, but once the favorable situation landed, the market actually fell.It closed in the morning and the three major indexes were adjusted across the board. At the close, the Shanghai Composite Index fell 1.49%, the Shenzhen Component Index fell 1.74%, and the Growth Enterprise Market Index fell 1.78%. The number of households that fell by the close was 4,127. The number of rising households is 1188. As of the close of the morning, the turnover of the two cities was 1.23 trillion. Compared with the previous trading day, the volume was slightly 55.2 billion.

It is not surprising to me that the market has gone out of this trend today. This is also the adjustment that has been expected. There are two main reasons for today's market adjustment:First, good cash. Everyone knows that the rebound in the last two days is actually the expectation of a heavy meeting. After the meeting, after the favorable situation appeared, the market had a favorable cash effect! In fact, almost every time the market goes this way. Before the favorable situation appeared, the market began to rise, but once the favorable situation landed, the market actually fell.First of all, I might as well draw a long-term framework for the market here. Please look at the picture below.