This afternoon I scrolled through Twitter and groups, and I have to say the market sentiment is really quite twisted.
Bulls say: ETFs are continuously buying, not a big problem, institutions haven't run away so why should we be anxious?
Bears say: Macroeconomics are not good, funds are continuously flowing out, better to be cautious.
Both sides have valid points; neither can completely refute the other. After watching for a while, I can only say: Hmm, both have a point 🙏
Let me share my own feelings:
- Every time there’s a big drop, there’s capital support, which shows that someone is still willing to buy.
- Good news doesn’t really lead to much increase, and bad news hasn’t crashed the market too hard.
- The long-short ratio in contracts is quite healthy, with no extreme signals.
Right now, I have just one word: wait. Rather than guessing the top and bottom, it’s better to wait for signals to emerge before making a move.
What are your thoughts now? Bulls or bears? See you in the comments section 👇
Bulls say: ETFs are continuously buying, not a big problem, institutions haven't run away so why should we be anxious?
Bears say: Macroeconomics are not good, funds are continuously flowing out, better to be cautious.
Both sides have valid points; neither can completely refute the other. After watching for a while, I can only say: Hmm, both have a point 🙏
Let me share my own feelings:
- Every time there’s a big drop, there’s capital support, which shows that someone is still willing to buy.
- Good news doesn’t really lead to much increase, and bad news hasn’t crashed the market too hard.
- The long-short ratio in contracts is quite healthy, with no extreme signals.
Right now, I have just one word: wait. Rather than guessing the top and bottom, it’s better to wait for signals to emerge before making a move.
What are your thoughts now? Bulls or bears? See you in the comments section 👇