Analysis of the flow and trend of funds in the cryptocurrency market

Some people are worried that large funds will be withdrawn from the cryptocurrency market to chase A-shares and Hong Kong stocks, which will lead to the continued sluggishness of the cryptocurrency market. Yujie believes that we can analyze it calmly.

From the perspective of overall market value, the current market value of A-shares is nearly 30 times that of the cryptocurrency market. Even if all the funds in the cryptocurrency circle are invested in A-shares now, it is difficult for A-shares to achieve a 10% daily limit. The funds in the cryptocurrency circle cannot be said to be insignificant for leveraging A-shares, but it does not cause too much waves. Such doubts in the market are actually just a kind of indignation at the poor performance of the cryptocurrency market compared to A-shares. The dealer has controlled the big cake to fluctuate at a relatively high level of 53,000 to 73,000 for more than half a year. If the relatively high level cannot be supported, it is easy to fall if you do not advance or retreat. It will not last for more than half a year and has not continued to fall to 50,000 or 40,000. Therefore, the market makers will not want to create a continuous waterfall to give retail investors the opportunity to buy at the absolute bottom. From mid-March to the beginning of October, the parallel descending channel route was followed, which is a classic bullish wedge. The further you go, the greater the probability of each pullback breaking through the box and going unilaterally upward. Now it depends on which one can completely break through the box.