banks and cryptocurrency Top Knowledge

Obviously, I met the pressure from the top of the sideways.Basically, when the market opened, none of the sectors fell, all sectors blossomed in an all-round way, and the banking sector with the smallest increase rose by more than 1% at the stage of call auction. Such a market is really dumbfounded.In fact, the author has repeatedly stressed that it is difficult to break through the 900 line in a short period of time. If it is broken, it will definitely form a deviation, or a multi-level deviation. Then, the breakthrough is of little significance.

Today's A-share market has basically repeated itself, and there has been a wave of market rally, which is also normal, because the FTSE A50 index has risen by 5% in total, and if you look at the Nasdaq Golden Dragon China Index, it has risen by more than 8% directly overnight. Have you ever seen such a market?Therefore, there are still some ways out of the situation. Of course, history is indeed repeating itself. After all, it is also a large-scale rising market.Once it breaks through, it means that the GEM index has broken the sideways trend and liberated most of the chips in the market. Therefore, during the intraday trading today, the GEM index only went up and down after approaching this line.

Before, the author said that the 900-line is a long-term pressure line, and it is very difficult to break through the 900-line, unless the market can continue to release a lot of money. Moreover, in this wave of market, the GEM has repeatedly broken through this line and ended in failure.In fact, this is normal. After all, stabilizing the stock market was mentioned for the first time at such a high-level meeting. Not only that, the monetary policy has been stable for more than a decade, and suddenly it has become a moderately loose monetary policy, which has a great impact on the market.According to the author's statistics, as of the time of publication, there are only about 1,000 stocks with a market increase of more than 3%, and only about 2,000 stocks with an increase of more than 2%. Moreover, there are still many stocks that have fallen back.