explaining crypto- Top Block

2. The CPI of the United States in November was in line with expectations, and the interest rate cut was stable!2. From September to December, MA5 continuously crossed the four moving averages of 15, 30, 60 and 120, which is the confirmation of the upward trend;Therefore, in the near future, everyone should continue to avoid the big ticket of institutional+foreign heavy positions and let them play by themselves. Let's make a small U-turn. Now there are enough market themes. Just focus on one or two core optimistic directions (technology and consumption), and don't switch frequently. Grasp the rhythm and the probability of making money is still very high.

After the imperial court, the Milky Way started to accelerate again, and December was a month of harvest!In a bull market, the market is full of liquidity and investors have a high risk appetite, and the stock price is generally higher than the intrinsic value. In a bear market, expectations are pessimistic and liquidity is exhausted, and the stock price is generally lower than the intrinsic value. Although the stock price will deviate from the intrinsic value most of the time, the stock price is infinitely close to the intrinsic value for a long time.Take the monthly index in the above figure as an example to illustrate:

Following the imperial court, Galaxy started to accelerate again yesterday, and its stocks began to perform one after another, and a new ticket with low price, small size, technology and consumption was selected for opening positions.In April, October and November, the volume of transactions increased sharply, which was close to the volume of the bull market in 2015, indicating that a large number of off-exchange funds entered the market, and the volume increased in price, and then rose.However, to put it bluntly, most retail investors are positioned at the bottom of the stock market and are the weakest side in the short-term game. If you are not convinced, you can ask yourself: Are you sure that all the information you get is accurate first-hand information, not second-hand information that has been spread all over the world and it is difficult to tell the truth from the false? Are you sure you can really overcome human nature, be more ruthless than institutions and most retail investors, and strictly abide by trading discipline?