growth in cryptocurrency

On October 8, the Shanghai Composite Index surged and fell, and the turnover of the Shanghai Composite Index reached 1,510.6 billion. On November 8, the Shanghai Composite Index surged and fell again, and the turnover of the Shanghai Composite Index reached 1,107.9 billion. Another day was yesterday, that is, the Shanghai Composite Index surged and fell, and the turnover of the day reached 860.5 billion.No matter from what point of view, sideways is unlikely to be broken in the short term. Of course, this is only the author's personal analysis.However, the index is below 3500 points, so it can be judged that the chips at the top are all floating chips, and they are all chasing high chips. These chips are unstable factors and floating chips, and the market must be cleaned up.

The above views are for reference only.Then, it can be judged that the chips gathered after the top of the sideways fell back are relatively large. As can be seen from the chip distribution map, there is obviously a red chip peak near the 3500 points of the Shanghai Composite Index, which means that the chips here are relatively concentrated.

Let's put it this way: after a heavy yinxian line is formed, if it can't be reversed in the next trading day, then the market will take a long time to repair it, because this form is too destructive to the market.At the same time, all these three trading days have formed a high and low, as well as an extremely obvious heavy volume market.Then, it can be judged that the chips gathered after the top of the sideways fell back are relatively large. As can be seen from the chip distribution map, there is obviously a red chip peak near the 3500 points of the Shanghai Composite Index, which means that the chips here are relatively concentrated.