Today's explosive news

⚡️The crypto market encountered

⚡️"September winter"

⚡️Multiple factors joined forces to crash the market!

Dear friends in the crypto circle, pay attention! Why has our crypto market fallen so badly recently? It's not as simple as a single reason, it's simply a "multi-pronged approach"!

First, we have to look at the US dollar index (DXY). This guy is almost "oversold" on the daily chart, just like a person who is exhausted to the limit and ready to rebound at any time. This rebound has traditionally put some pressure on our risky assets, such as cryptocurrencies, after all, capital flows are very sensitive.

In addition, Lucas also mentioned a "September effect", which makes people feel cold. Every time at this time, the market is like being cast a spell, and the performance is always unsatisfactory.

Why? It turns out that everyone is busy adjusting their investment portfolios and calculating how to make up for tax losses, plus the cautiousness before the US election, it's simply a "triple blow"!