why is crypto popular- Top Overview

Wednesday's intraday low can be appropriately increased, and it is not pessimistic in the short term!On Tuesday, the market opened sharply higher. However, at that time, we suggested that the upward gap on that day would be covered in a short period of time. Unexpectedly, the replenishment action was quickly completed on the same day, which undoubtedly showed the weakness of the current market. The inaction of institutional funds plays a key role in it.From the perspective of capital flow, the cautious attitude of institutional funds makes the market lack strong upward momentum. After the important meeting, the market was full of expectations, but due to the lack of active guidance of institutional funds, the follow-up trend failed to unfold as optimistic as expected, but fell into a short-term dilemma. However, despite the short-term market weakness, from a medium-and long-term perspective, we need not be overly pessimistic.

In the short term, after the market quickly covers the gap, the market sentiment may tend to be cautious, but it often means that the opportunity is quietly approaching. On the one hand, some high-quality targets may be wrongly killed in the process of market adjustment, and their valuations return to a reasonable range or even underestimated, providing investors with a good buying opportunity. On the other hand, with the release of short-term risks in the market, funds will look for the layout direction again after waiting and seeing. Those sectors and stocks with favorable policies and steady growth in performance are expected to take the lead in gaining the favor of funds, leading the market out of the short-term haze and opening a new round of market repair and rising channels.