why is there so many cryptocurrencies- Top Knowledge graph

Perhaps, everyone still remembers the market fluctuation on October 8, and the short-term increase of 1000 points really shocked the market. However, the main reason is that the profit-taking disk has accumulated too much, and some institutions that have been locked in for three years have chosen to smash the disk at a high level, which has triggered a market correction.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.Market outlook: the market will be stable tomorrow, and the historical shadow will not reappear.

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.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.Market outlook: the market will be stable tomorrow, and the historical shadow will not reappear.

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.Perhaps, everyone still remembers the market fluctuation on October 8, and the short-term increase of 1000 points really shocked the market. However, the main reason is that the profit-taking disk has accumulated too much, and some institutions that have been locked in for three years have chosen to smash the disk at a high level, which has triggered a market correction.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.