What caused the decline this time? When did it start?
At first, it was the Mentougou compensation and the US transfer pie. These are actually easy to explain because they will eventually be sold out, not to mention that the US transfer pie may not necessarily be sold.
Next, the Middle East started fighting again. This actually has little impact. Everyone is used to it. The Middle East has never really been quiet for so many years. What really hurts is that the economic data released by the coal is not good, which is far beyond the market's expectations. The bad data makes everyone feel that they are going to enter a recession. What does recession mean? It means that everyone has no money and has to live a tight life. There is no money to invest. This is also the reason for the decline of US stocks.
But don’t forget that this is only one month’s data. The main reason is more of the impact of temporary factors. The recession still needs more data verification. Even if the next data is still not good, the coal will not sit idly by. They will take all possible means to regulate. Everyone is not so pessimistic. Now the main force is just using the news to smash the market and make profits, and by the way, clean up the unsteady chips. With the current price of 50,000 for Bitcoin and more than 2,000 for Ethereum,
In the short term, there will definitely be fans The demand for a rebound, and going down further is just an emotional catharsis. Those who have positions can cover their positions at the current price, and those who don’t have positions should also control their hands and never be carried away by emotions to sell at a loss. No matter how panicked, at least wait for the fan rebound to sell.
