【Is trading during lunar phases really a mystery? Is there scientific basis?】

New moons and full moons can influence the secretion of hormones in animals and humans, just like the ancient legend that werewolves transform on a full moon night. Modern scientific studies indicate that this connection is not purely superstition, but may indirectly affect financial markets through physiological and psychological mechanisms.

A study published on August 28, 2025, by research teams from the University of Pennsylvania and Harvard Medical School in the journal 'Headache' indicates——

🌕Before and after the full moon: The risk of headaches drops to a minimum.

During the full moon, increased light enhances the reduction of melatonin secretion in the body, leading to a more stable physiological state and higher alertness, which in turn boosts positive emotions and decision-making confidence, promoting speculative buying.

🌑Before and after the new moon: The risk of headaches peaks 1-2 days prior.

As the moonlight wanes, the risk gradually increases. The new moon period may be associated with hormonal imbalances, elevated cortisol levels, leading to heightened anxiety, fatigue, and negative emotions, resulting in depressed investor sentiment and increased selling pressure.

The trading market is also a large pressure cooker of human emotions; therefore, sometimes the full moon and new moon can have a certain impact on market conditions. However, once a special event occurs, this influence can be negated.

Recently, it is again a full moon; let's see how the market will move.