Most of the long orders were closed here. There is still no one-sided bull market in September.

This wave took two points, and it is never a hindsight to follow Brother Kai

There are many negative factors in September

Seasonal reduction of positions: After the summer vacation, institutional traders return to the market, re-evaluate their portfolios and reduce their holdings, especially assets with large profits.

-Q3 Reporting: At the end of the third quarter, institutional investors closed or adjusted their positions to optimize performance reports to beautify the reports to their investors.

-Tax planning: Investors harvest tax losses and sell loss-making assets to reduce the annual capital gains tax burden.

- Reduced buybacks by listed companies: As the earnings season approaches, the company's buyback window is closed, reducing market support. #以太坊基金会 #以太坊基金会 #美国8月非农就业人数不及预期