🚨The market suffered an unexpected decline, and the decline was greater than many people expected🚨
Behind this may be the strategic adjustment of the main funds, who may have taken decisive action for the purpose of cleaning up short-term bulls.
Observing the rapid decline of Bitcoin and Ethereum at the end of the trading day, this seems to be intentional, with the purpose of creating a breakout pattern on the daily chart, thereby affecting market sentiment and prompting long investors to stop losses and exit.
At the same time, the US stock market has shown a steady trend of shocks, in contrast to the violent fluctuations in the currency circle, which may suggest that the decline in the currency circle is not entirely caused by fundamental factors.
Analysts and traders in the market, their views and operations may change rapidly with market sentiment and personal judgment. Analysts who were generally bullish yesterday may have exposed a large number of short orders today. This rapid change is not only surprising, but also reflects the variability of the market and the diversity of strategies of participants.
Why do smart analysts immediately go short when they see that the market is not right? But some retail investors don't realize this? Analysts who have this kind of awareness and insight cannot do much without several years or even more than ten years of experience.