After the waterfall, there is still a waterfall!!!
After the waterfall, there is still a waterfall!!!
The Fed is firm in its stance, rumors of interest rate hikes have resurfaced, market concerns have intensified, and the shadow of a crash is looming. Recently, the market has been hit by a sell-off of tens of billions in Mentougou, which is almost equivalent to half of the inflow of ETF funds, causing the market to appear weak, which is different from the past. It is worth noting that the bottom-fishing funds are becoming the new main selling force in recent days, showing the complexity of market sentiment.
Nevertheless, according to current data analysis, the decline may be controllable despite the market pressure. This deadlock may continue until the release of non-agricultural data tonight on Friday, which will be a touchstone for the Fed's expectations of a rate cut. If the data is positive, it may boost market sentiment; otherwise, it may increase downward pressure. In the long run, the currency circle may usher in a warm-up in the autumn and winter seasons, becoming a real opportunity for gains.
