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币毒
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The market is really weak and can't withstand the turmoil of various rumors every day.
A recovery from overselling requires consensus and construction from everyone. At this rate, with various rumors and scolding every day, when will this market improve? Today there's scolding, it drops; tomorrow there's more scolding, it drops again. Everything seems to be falling, which only adds to the anxiety of a market already on edge.
The viewpoint here is still to see a rebound upwards around the Spring Festival, but it's not so optimistic anymore, as we have no idea when these scolding battles will end. Everyone's attention is focused on various rumors every day.
Currently, the market is extremely lacking in confidence. When the market is weak, public opinion acts as an amplifier. Bulls are already lacking confidence, and when emotions weigh them down, the chips loosen. In a weak market, the greatest fear is not bad news, but continuous noise. With too much noise, people become lazy in their thinking, resorting only to reflexive selling.
Although there was a slight drop today, the overall structure hasn't completely deteriorated, but the pace has slowed down. Before the Spring Festival, it’s likely to be a grinding sideways trend. Real recovery doesn't rely on one or two bullish candles, but rather on time to digest the panic. For the market to recover, it first needs to quiet down.
A recovery from overselling requires consensus and construction from everyone. At this rate, with various rumors and scolding every day, when will this market improve? Today there's scolding, it drops; tomorrow there's more scolding, it drops again. Everything seems to be falling, which only adds to the anxiety of a market already on edge.
The viewpoint here is still to see a rebound upwards around the Spring Festival, but it's not so optimistic anymore, as we have no idea when these scolding battles will end. Everyone's attention is focused on various rumors every day.
Currently, the market is extremely lacking in confidence. When the market is weak, public opinion acts as an amplifier. Bulls are already lacking confidence, and when emotions weigh them down, the chips loosen. In a weak market, the greatest fear is not bad news, but continuous noise. With too much noise, people become lazy in their thinking, resorting only to reflexive selling.
Although there was a slight drop today, the overall structure hasn't completely deteriorated, but the pace has slowed down. Before the Spring Festival, it’s likely to be a grinding sideways trend. Real recovery doesn't rely on one or two bullish candles, but rather on time to digest the panic. For the market to recover, it first needs to quiet down.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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