How did you think and analyze when you saw this news?
Judging from the current market sentiment, the overall bias is bullish, but this sentiment may trigger the opposite market reaction. When long investors see that market sentiment is overheated, they may worry that there is limited room for growth and choose to take profits, or turn conservative and avoid risks. At the same time, short sellers believe that the market has reached a peak or is close to a key resistance level, so they are more confident to stick to their short positions and wait for prices to pull back.
The market often fluctuates violently based on some important news or economic events. At this time, the polarization of emotions may trigger a fierce game between long and short parties. Once there is a negative news, the market will adjust quickly, resulting in violent fluctuations in the short term. This situation reflects the uncertainty of the market and the changes in investors' emotions. The final price trend will depend on who can better grasp the changes at this critical moment.
