Today, the A-share market has a turnover of 3.48 trillion yuan. What is the impact on the cryptocurrency circle?

The A-share market opened with a big rise, and the Shanghai Composite Index was close to 3,500 points at the close.

Then I will briefly explain how much impact it has on the cryptocurrency circle. First, many people in the cryptocurrency circle have been attracted to A-shares, which has led to the transfer of some of the funds in the cryptocurrency circle to A-shares.

Because funds are profit-seeking, they go wherever there is profit.

Second, everyone is getting more and more disappointed with the cryptocurrency circle, because it has fallen for six months since April, and everyone is about to lose confidence in the cryptocurrency circle, resulting in the inactivity of major communities.

Third, the A-share market attracts foreign capital, even the US stock market is falling, and funds from other countries are attracted, causing the stock markets of other countries to fall. Then, only when the A-share market has risen almost enough, that is, there is not so much turnover in a day, will many people transfer funds to the cryptocurrency circle.

The above is the negative for the cryptocurrency market. I will talk about the positive behavior for the cryptocurrency market. Sooner or later, the big A will cut a wave of leeks, and then the funds will be transferred back to the cryptocurrency market, because everyone knows that the cryptocurrency market will be a bull market next year. Another thing is that the cryptocurrency market is always cleaned up before the bull market. When there is no sound in the major communities, everyone withdraws cash, and the dog dealer absorbs enough chips and takes off. This time the big A rises, everyone cuts their losses to buy the big A, and the dog dealer is frantically picking up cheap chips.

So I think the bull market in the cryptocurrency market will come soon, don't be discouraged, I am with you.

Finally, if you haven't followed my cousin yet, please click on the avatar to follow him so you don't get lost. My cousin is going to start a live broadcast and wait for the wind to come with everyone.