Analysis of cryptocurrency market trends for the coming months

Thinking back to this bull market next year, I think many events like 312, 519 and yesterday 124 will leave our minds. This major crash is certainly not possible.

Regarding yesterday's plunge, the Internet believes that the targeted shooting of an important is a direct cause. Half of the cattle store. We have to be careful. .

In addition to the conflicting reasons for inserting pins, a few other recent developments in the financial industry have always been unstable and unacceptable.

On December 3, Evergrande Realty announced it could not pay off its $ 260 million debt and declared the venture capital firm bankrupt. And US $ 260 million in debt less than 0.5% of Evergrande's debt, affecting Evergrande's current status. In response, the Guangdong provincial government allowed Evergrande to resolve the issue.

There are rumors that Didi, who was registered in the United States on the same day, would like to be appointed to Hong Kong because he is about to be deported from the United States. However, it's not easy going out in Hong Kong, the place seems a little easy, so I'm worried about Didi's future.

On the same day, the United States announced new rules requiring Chinese products listed in the United States to send relevant trade information. Otherwise, cancellation is required. After the news broke, the Chinese stock market changed, with Baidu and Ali falling more than 10%.

Such incidents can affect the reputation of foreign Chinese companies, while also affecting the confidence of foreign investors in Chinese companies, which can spread throughout the US financial system.

Considering the current overall structure of the commodity market in the United States, the bubble production is huge, and the market sentiment is very heavy. Money is very predictable, so it pays close attention to current events without paying too much for the essentials. Investors have become vulnerable to the news, and when trouble does arise, money flows quickly.

The blood of Chinese strategy products is an important example, but this is just the beginning, and I think the market sentiment will gradually spread to other areas and even to the entire US stock market. .

The recent turmoil in the financial system has always been cited above, along with changes in the Fed's behavior and the impact of the new mutant flu virus, slowly making the crisis worse. attitudes. If these assumptions change significantly, the company's investors will gradually pull out of risky assets in the short term (one month to six months).

Musk recently sold his stock, and Buffett's record cash flow is only indicative. These sensitive investors were reluctant to take risks.

As mentioned in the previous article, the spread between crypto assets is now increasing with the US asset market, making it more of a risky asset than a safe one. .

So, while companies are slowly pulling out of the US stock market, they appear to be pulling out of the crypto industry.

The market shift that results from this reversal of mental illness will be greater than the impact of the impact of the exchange on the economy as a whole, and the time will be longer than the series of exchanges.

This is the principle to which we must pay attention.

You need to prepare for it and not expect too much because the market will go down further in the short term (in a month to six months).