Yesterday, the market staged another Hollywood blockbuster, and the script was the same one from early August, with the leading actors unchanged, only a supporting role was swapped.
Similarly, it was due to the market's interest rate meeting; in August, it was the Bank of Japan raising interest rates, and this time it was the Federal Reserve possibly slowing down interest rate cuts next year.
The two leading actors, the Asian market and the European-American market, mirrored each other. The Asian market was in a state of panic during the day, with a continuous sell-off, and the atmosphere was filled with panic among various communities. Many investors felt that the market was entering a bear market, and they were hastily cutting their losses, leading to a massive number of liquidations in the futures market.
However, by night, after European and American investors took over the market, the atmosphere was completely different. They began to buy, buy, buy, happily scooping up the chips that the Asian market had panic-sold during the day, ultimately resulting in an intraday V-shaped reversal in the market.
When Asian market investors woke up this morning, they were dumbfounded to see that the prices hadn’t changed, their positions were gone, and their chips were missing, leading them to lament and feel deceived.