crypto currencies news- Top Knowledge

More interestingly, about 60 billion yuan flowed out of the main market today. This move seems to be suppressing the market, but in fact it is further cleaning up the retail chips. Many retail investors surrendered their chips in panic, which undoubtedly made room for the subsequent rise. And those investors who step on the air, in the face of the continuous market shock, are likely to choose to chase high admission in the later stage.

From the point of view of chip distribution, the lock-up disk in previous years has been fully released in the market on October 8, and a total of about 3 trillion lock-up chips have been freed. This means that the pressure above the current market has been greatly reduced, creating favorable conditions for the subsequent rise.Market outlook: the market will be stable tomorrow, and the historical shadow will not reappear.Market outlook: the market will be stable tomorrow, and the historical shadow will not reappear.

Perhaps, everyone still remembers the market fluctuation on October 8, and the short-term increase of 1000 points really shocked the market. However, the main reason is that the profit-taking disk has accumulated too much, and some institutions that have been locked in for three years have chosen to smash the disk at a high level, which has triggered a market correction.Market outlook: the market will be stable tomorrow, and the historical shadow will not reappear.