digital currency market size- Top Block

Wednesday afternoon comment: no need to wait, the disk is very clear, and it will definitely rise and fall back in the afternoon!Wednesday's stock market trend has already begun to appear in the morning. The whole disk is like a picture scroll that is gradually unfolding, and its vein trend is clearly discernible. There are various indications that there will be a high probability of falling back in the afternoon.

From the perspective of plate rotation, although the new energy plate showed some performance in early trading, the follow-up efforts of other plates were insufficient. The stock market is like a big family, and all sectors, like family members, need to cooperate with each other and develop synergistically in order to make the whole family prosperous. When the new energy sector is in the forefront, without the strong support of other important sectors such as finance and consumption, it is difficult for this "battle" to achieve a comprehensive victory. As the mainstay of the market, the financial sector performed relatively poorly in early trading, and the stock prices of banking stocks and insurance stocks fluctuated slightly, failing to provide sufficient financial support and confidence support for the rise of the broader market. The same is true for the consumer sector. As the recent growth of consumption data has not reached market expectations, the growth rate of some leading consumer enterprises has slowed down, resulting in the overall trend of the consumer sector being weak and unable to form an effective linkage effect with the new energy sector.

From the perspective of plate rotation, although the new energy plate showed some performance in early trading, the follow-up efforts of other plates were insufficient. The stock market is like a big family, and all sectors, like family members, need to cooperate with each other and develop synergistically in order to make the whole family prosperous. When the new energy sector is in the forefront, without the strong support of other important sectors such as finance and consumption, it is difficult for this "battle" to achieve a comprehensive victory. As the mainstay of the market, the financial sector performed relatively poorly in early trading, and the stock prices of banking stocks and insurance stocks fluctuated slightly, failing to provide sufficient financial support and confidence support for the rise of the broader market. The same is true for the consumer sector. As the recent growth of consumption data has not reached market expectations, the growth rate of some leading consumer enterprises has slowed down, resulting in the overall trend of the consumer sector being weak and unable to form an effective linkage effect with the new energy sector.However, it seems that this upward momentum has not been sustained and effectively supported. In the process of early trading, although the volume of transactions has been enlarged to a certain extent, it has not reached the order of magnitude enough to support the continuous upward breakthrough of the market. It's like when a car is climbing a hill, although the engine is roaring, the power output is not enough to make it climb to the top smoothly. From a technical point of view, the current market index faces the suppression of multiple moving averages above, such as the 60-day moving average and the 120-day moving average, which are like checkpoints and form strong resistance when the index goes up. When the stock price is close to these moving average positions, it often leads to a lot of selling. Just like a solid line of defense when marching and fighting, it is difficult for an attacker to break through without enough troops and strategies.Wednesday afternoon comment: no need to wait, the disk is very clear, and it will definitely rise and fall back in the afternoon!