cryptocurrency movement Top Block

Different from previous weekends, this weekend's news revealed several important signals, which will drive the market to become more and more mature. The market finally ushered in a new breakthrough on Friday, and a new market will be launched.This means that the probability of interest rate cuts is increased, the interference of not cutting interest rates is reduced, and more help is added for the market to choose an upward breakthrough.Zhong Yu, the former chairman of Kangdexin, was sentenced to 15 years in prison and fined 20.2 million yuan. Kangdexin's financial fraud has harmed countless investors. Although the financial fine is not huge, 15 years' imprisonment is definitely the most severe punishment for A shares, which is definitely enough to shock.

Market aspectPenalties for violations of laws and regulations have increased, driving the market to be more standardized.Market aspect

The market finally ushered in a breakthrough on Friday, and a big triangle consolidation from October 8 to now has basically ended. This is only the Shanghai Stock Exchange Index, while the Shenzhen Stock Exchange Index and the Growth Enterprise Market Index are still in the process of triangle consolidation, so it is still difficult to form a consistent upward expectation. In the future, the probability will be mainly divided, and there will be no overall upward trend.News surfaceIn fact, the market should have been constrained in this way a long time ago. Many industries are prone to various kinds of production capacity, and an industry with good results is hard to survive because of various price wars, which also leads to a very long period for the whole industry to recover.