Today, I will talk about why the U.S. stock market has been experiencing short-term pullbacks after opening recently.
1. We need to understand a market trend. Over the past month, the U.S. stock market has shown signs of short-term weakness at the opening, with no signs of buying. The reason is that U.S. stock investors engage in small-scale selling between 9:30-10:30 AM during opening hours, leading to pressure on the market. They are waiting for the market to stabilize before entering to buy at a low.
2. Why do U.S. stock investors rarely trade cryptocurrencies on Binance and other exchanges? They primarily trade cryptocurrencies through large ETF institutions like BlackRock, which have extremely high fund management fees?
Large institutions like BlackRock control trading assets worth $30 trillion, and their backing is much stronger than many exchanges. A simple example is if a project like Ethereum fails, causing a market crash. Institutions like BlackRock will compensate retail investors, so retail investors prefer to trade with BlackRock, ensuring their safety is greatly guaranteed!
Therefore, we can enter long positions 1-2 hours after the U.S. stock market opens. At that time, the inflow of funds will make the trading strategy clearer!
Keep up with the rhythm, and I’ll teach you how to monetize your understanding. Don't be cannon fodder in contracts anymore!