Many people are worried that just after the Christmas crash, foreigners will cash out for the New Year, and immediately after that, our Lunar New Year is coming. Will Asia also experience a wave of spring crashes?

Actually, not necessarily. This round of market trends is mainly dominated by the West, and the Asian market is relatively weak. The major buying power comes from institutions and ETFs in Europe and America, not just a few retail investors who can significantly impact the market.

On the contrary, the performance of the bear market during the Spring Festival has been quite good, and I believe the performance during a bull market Spring Festival will be even better. Moreover, during the Spring Festival, there is a tendency for significant on-chain activity, which is worth paying attention to.

In summary, there is no need to worry about the occurrence of a spring crash. On one hand, the Asian market has limited capacity, and on the other hand, with the approaching inauguration day of Trump, the time left for bears is already limited.

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