Is this market a rebound or a reversal?

From the current economic and political situation, it seems more like an emotional recovery rebound after an excessive drop, and it's still too early to talk about a trend reversal.

Currently, the rise and fall are still dominated by Trump's policy signals, and there are no substantial benefits from the economic fundamentals. In terms of volume, this rise is a shrinking rebound, with trading volume gently increasing and fund inflow not being obvious, lacking the momentum for a trend reversal.

A true reversal is usually accompanied by a sustained increase in trading volume, significant fund inflows, and major benefits from policies or fundamentals.

For example, if the Federal Reserve eases or economic data exceeds expectations. Therefore, the GDP data to be announced at the end of the month will be crucial. If the data performs strongly, the market may rise further.

On the contrary, the upward momentum may quickly fade. Until the fundamentals are clear, any rise should be regarded as a rebound, especially in the case of a shrinking rise. #加密货币总市值重回3万亿 #特朗普称无意解雇鲍威尔