Many people are worried that just after the Christmas crash, foreigners will cash out for the New Year, and immediately after that, it will be our Lunar New Year. Will Asia also experience a wave of spring crashes?
Actually, it may not be the case. This round of market trends is mainly led by the West, and the Asian market is relatively weak. The main large buying power comes from institutions and ETFs in Europe and the United States, which cannot be easily influenced by just a few retail investors.
On the contrary, the market performance during the bear market's Spring Festival has been quite good, and I believe the performance during the Spring Festival in a bull market will be even better. Moreover, it is easy to see the on-chain dog king during the Spring Festival, all of which are worth paying attention to.
In summary, there is no need to worry about the occurrence of a spring crash. On one hand, the capacity of the Asian market is limited; on the other hand, with the arrival of Trump's inauguration day, the time left for bears is running out.
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