Recently, the A-share market has experienced a violent shock caused by the collective decline of micro-cap stocks. These micro-cap stocks, due to their high risk and susceptibility to short-term capital manipulation, have become amplifiers of market fluctuations. When some speculative funds quickly pushed up the share prices of these stocks by about 20% in a short period of time, the impulse to take profits triggered a stampede of selling, which directly impacted the stability of the entire A-share market.
This "small financial storm" that came without warning not only exposed the fragility of the micro-cap stock market, but also reflected the sensitivity and fragility of investor sentiment in the current A-share market. The collective decline of micro-cap stocks quickly spread to the entire market like a domino effect, leading to a large-scale stock price drop and a depressed market sentiment.
At the same time, the trading volume of the A-share market continued to shrink, further exacerbating the market's predicament. The reduction in trading volume means that market funds are cautious and wait-and-see. The lack of buying power makes the stock market lack the momentum to rise. The increase in selling pressure further unbalances the supply and demand relationship, forming a heavy pressure on the stock market.
From a technical perspective, the A-share market is in a structural adjustment period at the B wave level, which means that the market will fluctuate within a certain range. After experiencing a short-term rebound, the Shanghai Composite Index is facing the test of an M-shaped structural trend and is expected to fluctuate repeatedly around 2,900 points. In this technical form of the market, hot spots switch frequently, individual stocks fluctuate more, and the difficulty and risk of investment are increased.
Faced with such a market environment, investors should remain highly vigilant and cautious. Chao Ge recommends that investors adopt a wait-and-see strategy and wait for clear market signals to appear. Before market risks are fully released, it is not advisable to enter the market blindly to avoid unnecessary losses. At the same time, investors should strengthen the tracking and analysis of market dynamics so as to make correct investment decisions at the right time.
Although the A-share market performed poorly today, this is only part of the market adjustment process. Investors should look at market fluctuations and declines rationally and maintain patience and a calm mindset. Only in this way can they seize opportunities in future market changes and achieve steady asset appreciation. #美国6月非农数据高于预期 #BTC走势分析
