The catalytic effect of war may exacerbate the market's downward trend, but the market has not yet fully entered the downward channel, so it is not appropriate to assert that it is a unilateral downward trend too early.
The current market liquidity is insufficient and needs new narratives to stimulate. Although the war theme is a good choice, it is unlikely that the dealer will use this theme for speculation on a large scale, and old routines such as Mentougou and Grayscale are unlikely to be used frequently.
Although emergencies and black swan events will cause the market to fall in the short term, there will often be a strong rebound afterwards. Therefore, when a black swan event occurs, the market's pullback and plunge provide good buying opportunities.
Looking back at historical market conditions, you will find that the current market trend is quite similar to that in July. The last time the market fell rapidly after hitting 70,000 points, it is worth paying attention to whether it can provide a buying opportunity at 8.5 again this time.
If such an opportunity arises, it should be seized quickly because it is a rare buying opportunity. Many investors who dared to buy at the bottom after 8.5 are now getting rich returns. Of course, for retail investors with smaller funds, if they do not have enough funds, investing in Bitcoin may not make much sense. It is better to find leading stocks in other sectors for investment. Although we should maintain our faith in Bitcoin, times have changed, and Bitcoin worth thousands of yuan has become history.
Today's market decline is indeed due to concerns about war. Against the backdrop of rising oil prices and falling S&P indexes, I think every decline caused by war concerns is a good opportunity to buy.
War is an emergency. I originally thought that the market's decline was due to concerns about Friday's unemployment data, but judging from the market performance, this is not the case. Similarly, liquidity is not the main reason.
So we should pay attention to risk control and pay attention to the volatility of Bitcoin. The market started with a big rise in the first half of this year, and the second half was dominated by low-volatility wash-outs, and some institutions also began to ship. With the tense political situation abroad and the approaching November election, the net inflow of the A-share market mainly comes from large households rather than small shareholders. Trend dividends are still focused on the development of cryptocurrencies.
