usefulness of cryptocurrency, Overview

-Positive policies and incentives: Politburo meeting of the Chinese Communist Party has released positive signals such as stabilizing the stock market, which will enhance the overall confidence of the market, attract capital inflows and push the market to open higher. For example, after the meeting of the Political Bureau on September 26th, 2024, the three indexes of A shares rose sharply [__LINK_ICON].The gap is high and the shock is upward.-Warming up market sentiment: The rise of FTSE China A50 index futures and other external markets will drive the A-share market sentiment and push the market higher. However, after the market opens higher, some profit-taking discs may choose to take profits, which will lead to a certain shock in the market. However, under the background of favorable policies and good market expectations, there will still be funds to continue to undertake, pushing the market to fluctuate upward.

-Technical cooperation: From a technical point of view, if the market is already in a state of readiness in the early stage, and all technical indicators show a long position, then under the stimulus of favorable policies, the market is expected to rise sharply and break through the previous resistance level.-Technical cooperation: From a technical point of view, if the market is already in a state of readiness in the early stage, and all technical indicators show a long position, then under the stimulus of favorable policies, the market is expected to rise sharply and break through the previous resistance level.-Sector rotation promotion: The related sectors mentioned in the meeting, such as real estate and finance, may take the lead to drive the market to open higher, and then the technology and consumption sectors will relay to promote the overall market to fluctuate upward, forming a benign sector rotation effect.

-Profit-taking selling in the early stage: Some investors may take advantage of the opportunity of opening higher in the early stage, and a large number of selling will lead to a rapid decline after the market opens higher [__LINK_ICON].-Profit-taking selling in the early stage: Some investors may take advantage of the opportunity of opening higher in the early stage, and a large number of selling will lead to a rapid decline after the market opens higher [__LINK_ICON].-Warming up market sentiment: The rise of FTSE China A50 index futures and other external markets will drive the A-share market sentiment and push the market higher. However, after the market opens higher, some profit-taking discs may choose to take profits, which will lead to a certain shock in the market. However, under the background of favorable policies and good market expectations, there will still be funds to continue to undertake, pushing the market to fluctuate upward.