qinbafrank
qinbafrank|Jan 19, 2026 02:33
Why didn't the big pancake fall over the weekend and wait until Monday to fall (although the US stock market is closed today, the US stock index futures are all traded. The Nasdaq 100NQMain and S&P 500 ESmain index futures have both plunged)? In fact, if you are familiar with the correspondence between K-lines and events, this situation has occurred many times in the past year. Give two random examples: 1) On the weekend of November 1-2, 25: Prior to that, on Friday, October 31, SOFR surged, and at that time, market liquidity had already shown problems. But on the weekend of November 1-2, the pancake was still on the rise. On the morning of Monday, November 3, it opened sharply and fell for three consecutive weeks, dropping from 114000 to just over 80000. The US stock market also experienced a small-scale adjustment in the first three weeks of November. 2) On the weekend of February 1-2, 25, the early morning of January was equivalent to the midnight of Friday when Trump first announced the imposition of tariffs on Canada and Mexico. On the weekend of February 1-2, the currency market also fell slightly in shock. On the morning of Monday, February, the market began to plummet, with the big pie reaching over 90000 yuan and over 2000 yuan. This time, there was another macro event impact over the weekend, and the Big Cake didn't react much on weekends, but the impact only became apparent on Mondays. My understanding is: Over the weekend, there was a residual liquidity in the cryptocurrency market, with no trading in the European and American markets. It is difficult for the internal forces of the cryptocurrency market to change the market trend. Only when the European and American markets, especially the United States, start to activate on Monday, will external forces begin to drive the big pie reaction. Simply put, there is no pricing power within the cryptocurrency market anymore.
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