fiat currency and cryptocurrency, Knowledge

3489 points, which is also the closing price of the big yinxian line on October 8! If the Shanghai Composite Index opens higher to around 3489 tomorrow, it may open higher by more than 2.5%. Then next, I think the market may open higher and lower, and eventually close the false negative line. Another recent example was on August 28th last year. We saw that stamp duty and other "four benefits" were issued at that time. At that time, the Shanghai Composite Index rose by more than 5%. But then the Shanghai Composite Index only rose by 1.13%. The opening is the highest price, and the closing is almost at the lowest price.I think some technical factors in the short-term market may no longer have any great influence under the impetus of such heavy and good news.These are just my superficial thoughts on the market, which are not necessarily correct and do not represent any investment suggestions. As you can see, the market is indeed full of all kinds of variables. In the case of sudden news, the trend of the market can be reversed 180 degrees. So change and uncertainty are the charm of the market.

After today's close, there was a sudden heavy good news-the heavy meeting clearly put forward "stabilizing the property market and stock market". This is the first time I have seen such a clear and definite statement about the market! The FTSE A50 index then stormed and rose by 4.66%. At the same time, Hong Kong stocks also rose rapidly, and finally rose 2.76% to close. Therefore, tomorrow, the Shanghai Composite Index will open higher, or it will be a highly probable event. I discussed with you the possible points of opening higher tomorrow. I set this point at 3489. 3489 is not an ordinary point,3489 points, which is also the closing price of the big yinxian line on October 8! If the Shanghai Composite Index opens higher to around 3489 tomorrow, it may open higher by more than 2.5%. Then next, I think the market may open higher and lower, and eventually close the false negative line. Another recent example was on August 28th last year. We saw that stamp duty and other "four benefits" were issued at that time. At that time, the Shanghai Composite Index rose by more than 5%. But then the Shanghai Composite Index only rose by 1.13%. The opening is the highest price, and the closing is almost at the lowest price.So which direction are we going to have a look tomorrow? Personally, I still feel that there has been a serious deviation from the large-cap heavyweights because the small and micro-cap stocks have risen particularly sharply recently. Therefore, I personally think that the direction of the layout should be based on the weight plate. For example, the second of the four directions I told you in the "weekend strategy" video last Saturday: the direction of securities and liquor!

I think some technical factors in the short-term market may no longer have any great influence under the impetus of such heavy and good news.3489 points, which is also the closing price of the big yinxian line on October 8! If the Shanghai Composite Index opens higher to around 3489 tomorrow, it may open higher by more than 2.5%. Then next, I think the market may open higher and lower, and eventually close the false negative line. Another recent example was on August 28th last year. We saw that stamp duty and other "four benefits" were issued at that time. At that time, the Shanghai Composite Index rose by more than 5%. But then the Shanghai Composite Index only rose by 1.13%. The opening is the highest price, and the closing is almost at the lowest price.There may be a big change in the direction of securities when they open tomorrow. But I think that the direction of liquor may be relatively lagging behind. In short, although the news has a great influence, on the whole, it should be handled calmly and laid out calmly.