Is it worth being nervous? Although I don’t know why the Nikkei futures plunged so sensitively to the new prime minister on Friday, the overall correlation between the Nikkei and BTC in the past two months is still relatively high;
From 5 to 8 a.m. on Monday, the index futures opened but the stock market was in the pre-market state. If this Friday’s plunge was purely a mistake, then in these three hours, the index futures should have immediately reversed.
If there is no V-reversal, but it fluctuates at a low level, then when the Nikkei officially opens at 8 am, there will be a huge gap. The same situation occurred on August 2 and September 4, both of which brought a week-long correction to the entire market. You heard it right, the entire market...
Including the US stock market, BTC, Nikkei and several other major economies (excluding China) have experienced some mysterious liquidity fluctuations in the past two months, which is reflected in the index in a similar way to the fluctuations in the figure below;
My personal guess is that it is related to the cheap liquidity released by the Japanese yen to the world after 2020. If this correlation continues to strengthen, it will not be a good thing in the long run, because the risk of the Japanese yen rate hike is shared by the global financial market. In the context of prosperity and loss, the possibility of a global financial crisis has been raised;
In any case, just stay in awe. Now all free economic markets are still in a bull market. You can't die tomorrow just because everyone will die...
Are you right?
