1. News level: News is a very important factor in the rise and fall. News is divided into good and bad news. Good news will cause the price to rise, and vice versa, bad news will cause the price to fall.
2. Policy factors
3. Banker trading: When the banker wants to attract money, it will lower the price; when it is shipping, it will raise the price to ensure that it maximizes profits.
4. The currency itself: including various reasons such as the development, team, technology, and founder of the currency. For example, once some virtual currencies are exposed to plagiarism, the price will fall, while the price of some large exchanges will rise.
5. Market environment: It is also commonly referred to as bull market and bear market. If the market environment is good, prices will skyrocket; otherwise, prices will plummet. Most prices are affected by the environment.
6. Supply and demand relationship: The supply and demand relationship can be said to be the most fundamental factor in the rise and fall of a currency's price. If supply is greater than demand, the currency price will fall; if demand is greater than supply, the currency price will rise.
There may be policy implications at the news level. The bookmaker knows the relevant news in advance and then operates in accordance with the news.
Whether it is a big rise or a plunge, it must be a combination of multiple factors, because each factor is actually related to each other.
