what is bitcoin backed by People also ask

From the point of view of chip distribution, the lock-up disk in previous years has been fully released in the market on October 8, and a total of about 3 trillion lock-up chips have been freed. This means that the pressure above the current market has been greatly reduced, creating favorable conditions for the subsequent rise.More interestingly, about 60 billion yuan flowed out of the main market today. This move seems to be suppressing the market, but in fact it is further cleaning up the retail chips. Many retail investors surrendered their chips in panic, which undoubtedly made room for the subsequent rise. And those investors who step on the air, in the face of the continuous market shock, are likely to choose to chase high admission in the later stage.Dear investors, there is no need to worry too much. According to the analysis of the current market trend, there is a high probability that there will be no high opening and low going tomorrow.

At present, the market has the potential to continue to rise. Although it may still face some fluctuations in the short term, on the whole, it is unlikely to be a one-day tour. Therefore, I suggest you keep confidence, treat market fluctuations rationally and seize the current investment opportunities.From the point of view of chip distribution, the lock-up disk in previous years has been fully released in the market on October 8, and a total of about 3 trillion lock-up chips have been freed. This means that the pressure above the current market has been greatly reduced, creating favorable conditions for the subsequent rise.

More interestingly, about 60 billion yuan flowed out of the main market today. This move seems to be suppressing the market, but in fact it is further cleaning up the retail chips. Many retail investors surrendered their chips in panic, which undoubtedly made room for the subsequent rise. And those investors who step on the air, in the face of the continuous market shock, are likely to choose to chase high admission in the later stage.More interestingly, about 60 billion yuan flowed out of the main market today. This move seems to be suppressing the market, but in fact it is further cleaning up the retail chips. Many retail investors surrendered their chips in panic, which undoubtedly made room for the subsequent rise. And those investors who step on the air, in the face of the continuous market shock, are likely to choose to chase high admission in the later stage.