understanding crypto currency, snippets

Re-take notes on Friday, December 13th. How will the market go next week?Personally, I think that we should wait until next Tuesday or so, and refer to the emotional fermentation mentioned above. Next Monday, we will definitely fulfill the panic concerns of the weekend. After the market releases its emotions, it will be able to show a narrow range of shocks throughout the day next Monday.This is that every plunge in the index will be accompanied by a rapid cooling of short-term sentiment, and some high-end stocks will be the most affected. Now that you have left from a high position, don't think about buying it back quickly next week.

First, after 3400 points fell below, the support below came to the vicinity of 3380 points. Today, it is ugly for a big yinxian line to fall below 3400 points, but it can fall below the intraday level today, at least it can be considered as a one-step break, otherwise many people will definitely worry that 3400 points will not be kept next Monday.If the digestion ability is fast, there will even be shrinkage back pumping next Monday, but shrinkage back pumping after the plunge is the most likely time to cause selling pressure, so even if shrinkage back pumping next Monday, it can not be said that the decline has stopped completely, and it needs to be verified next Tuesday.At least today's fall has released panic, and this mood will ferment again at the weekend, and the possibility of continuing to plummet in the market next Monday will be reduced;

2. When can we stop falling and stabilize next week?As for the extent, after the index plunged today, it is unlikely that it will continue to plunge next week, and there will be strong support in the area from the top of the 20-day moving average to 3380 points.