Some people say that this time the market will directly start a bull market like 312,
I don't think so.
Because at that time, the background of 312 was March 2020. The United States cut interest rates in July 2019. In addition to the epidemic and crude oil short positions, the United States urgently cut interest rates, and the bull market started.
But this time the market was smashed, not in an interest rate cut environment, but Japan's interest rate hike plus the unemployment rate of 4.3%, which made everyone worry about the US economic recession and panic selling. The bottom daily line did not go sideways, and there was no second step before the volume rose. There may be big troubles later, and everyone should be mentally prepared in advance