时间:2024-03-19|浏览:279
用戶喜愛的交易所
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March 19, 2024 Grandpa clocked in
The market finally plummeted, but this time it was a slow decline, not a rapid decline. In fact, today's decline continued the decline of the previous two days. Although hundreds of millions of dollars of positions were liquidated in the contract market during this wave of decline, I do not think that the purpose of this decline was to liquidate positions, because the decline in the past few days has liquidated a number of long positions. In my opinion, a slow decline There is suspicion of main force shipping. However, considering that the bull market cannot fall to the bottom, because funds are still active and will rise faster, I bought part of the bottom near Ethereum's support of 3250. The big pie has not yet reached the support of 60,000.
This wave of decline coincided with Japan's announcement to set its policy interest rate in the 0%-0.1% range. This was Japan's first interest rate increase since 2007, and the past eight years of negative interest rate era also ended. This move is considered to be negative for the market. After all, Japan's total GDP and huge national debt are there. Raising interest rates will have a blood-sucking effect on market funds. In addition, a large number of assets will be sold in the lending market to repay the Japanese yen. As I said a few days ago, the U.S. stock market is also hovering at a high macro level. It is precisely because of concerns about Japan's interest rate hikes that funds will choose to temporarily avoid risks, so today's decline has something to do with this.
As for the fundamental reason for the decline, it must be back to the circle. In the past month, tariffs have been maintained at high rates for most of the time, with the annualized rate exceeding 100% on a unilateral basis. The capital costs borne by the bulls are difficult to maintain. Once the market goes sideways, funds will gradually withdraw, eventually forming this wave of decline. On the other hand, the pie has multiplied several times in terms of location. Although it broke through the historical high in a short period of time, it fell back to below 70,000 in the next few days, and the remaining benefits of ETF have also been exhausted, regardless of the financial aspect. Or on the emotional side, they all paved the way for this decline.
I have been warning about risks recently. It is in response to this kind of decline. Just yesterday I was warning about risks again in the group. If you reduce your holdings, you can just buy some lows. No matter how the market goes in the future, you have already obtained the band interest rate. In fact, from the perspective of the decline, it has reached the low point of the previous daily line level pin. There is some support, and you can also consider buying points. However, this wave of decline is different from the previous sharp decline. The slow decline is in my view. It seems to be a bad phenomenon, so be prepared to be covered. As for the bull market, it will definitely not end so soon, but the low of this wave may have to fall below 60,000.
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