The A-share market is full of daily limit ups. Is it really worthwhile to switch from cryptocurrency trading to stock trading?

This wave of rise has made many people think that the bull market has begun, but I don’t think so. This is just a way for the country to enhance the liquidity of the stock market.

In fact, you have seen this scene in the cryptocurrency circle a few months ago.

In early August this year, the Japanese stock market crashed and the global financial market plummeted. Bitcoin also fell from 70,000 US dollars to 49,000 US dollars. The plunge caused extreme panic in market sentiment, retail investors dared not enter the market, and the trading volume of the crypto market decreased and liquidity was extremely poor.

In this case, as the largest exchange in the cryptocurrency circle, Binance has continuously launched small currency contracts, and through speculation and pull-ups, many small currencies have skyrocketed. RARE is a representative, with a 433% surge in four days.

Before the surge, RARE’s average daily trading volume did not exceed one million US dollars. After the surge, the trading volume exceeded 100 million US dollars for several consecutive days.

This is to create heat through the surge and attract more people to participate, so as to achieve the purpose of enhancing liquidity.

In the cryptocurrency circle, if no one trades a currency, it will be delisted. If no one trades an exchange, it will go bankrupt. What will happen if no one trades in a market? This is why the A-share market must surge.

As for the trend after the surge, referring to the decline of RARE from a high price of 0.3 USD to the current price of 0.1 USD, perhaps the A-share market will also end up in the same way.