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Why did the crash happen at 1 AM? 🤔
Without any news, stocks, gold, and cryptocurrencies all declined simultaneously.
The most likely cause is:
Quantitative robots messing around, which everyone is very familiar with. Let me explain again:
1️⃣ Principle: Quantitative trading operates based on data indicators.
2️⃣ The Nasdaq index touched the 50-day moving average.
3️⃣ Quantitative robots using this key indicator automatically closed positions.
Originally, to earn a little pig's foot rice, but both times I didn't escape, is it because the amount of money was too small or the mindset was too calm? 😂
This market situation is the same as always—study, live, wait for the wind to come.