Every A-share "meeting" period inevitably sees a drop, usually happening a few days before the meeting.
Due to some kind of demand, the day of the meeting has to be pushed up.
But it can’t be forced up indefinitely, so it must drop—then it gets pushed up again.
It also drops around holidays; that's capital coming back in.
But in the crypto market, every "meeting" period inevitably sees a drop too.
It doesn’t seem to have a clear reason.
It can only be that in recent years, events like the Carnival, conferences like “2049,” and similar gatherings will all drop.
The decline lasts for a long time.
Due to some kind of demand, the day of the meeting has to be pushed up.
But it can’t be forced up indefinitely, so it must drop—then it gets pushed up again.
It also drops around holidays; that's capital coming back in.
But in the crypto market, every "meeting" period inevitably sees a drop too.
It doesn’t seem to have a clear reason.
It can only be that in recent years, events like the Carnival, conferences like “2049,” and similar gatherings will all drop.
The decline lasts for a long time.