what's going on with crypto right now Top Knowledge

We can see that the turnover of the two markets today has shrunk by more than 380 billion compared with the previous trading day. So how to deal with this infinite rebound? Next, the veteran gives two coping tips:First, the market relies on the 5-day moving average, resulting in an infinite rebound. Let's look at the small rebound first. Small positions are in the right direction, and in a relatively strong direction, there is no problem to stay. Don't worry too much about whether the market will fall next. Because according to my observation, even if the market is adjusted downwards, the depth of adjustment should be relatively limited. Therefore, it is not a big problem for small positions to be inside.I found that the main force started to support the plate at the beginning of this morning. The main force obviously doesn't want the market to go too badly. I don't want the market to go out of the trend of continuous closing. The most obvious place to protect the market came from before the early closing. At about 11:06, the Shanghai Composite Index was instantly smashed green when the banking sector smashed the market, but at this time, funds immediately rushed in to pull the index red, and a small V-shaped reversal appeared on the time-sharing chart. Please look at the chart below-the time-sharing chart of the Shanghai Composite Index in early trading.

We can see that the turnover of the two markets today has shrunk by more than 380 billion compared with the previous trading day. So how to deal with this infinite rebound? Next, the veteran gives two coping tips:I'll talk to you here at noon.It closed in the morning, and the three major indexes closed in red across the board. By the end of the morning, the Shanghai Composite Index rose 0.22%, the Shenzhen Component Index rose 0.43% and the Growth Enterprise Market Index rose 0.08%. As of the close of the morning, the number of households in the two cities rose by 3,544. The number of households that fell was 1680. As of the close of the morning, the turnover of the two cities was 1.14 trillion. A huge contraction of 381.2 billion compared with the previous trading day.

First, the market relies on the 5-day moving average, resulting in an infinite rebound. Let's look at the small rebound first. Small positions are in the right direction, and in a relatively strong direction, there is no problem to stay. Don't worry too much about whether the market will fall next. Because according to my observation, even if the market is adjusted downwards, the depth of adjustment should be relatively limited. Therefore, it is not a big problem for small positions to be inside.Praise is the greatest support for my pure technical school.