understanding the cryptocurrency market Top snippets

Comments on the stock market index opening higher and going lower on December 10, 2024 and tomorrow's outlookIV. ConclusionTechnical analysis: From a technical point of view, the monthly K-lines of the three major indexes all closed up, and the trading volume of the two cities remained above 1.3 trillion, showing that the market has certain resilience.

Second, the analysis of the reasons for high opening and low walkingRapid release of market sentiment: After the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting released a positive signal, the market's expectations for policies have been fully reflected in the high opening of the market. With the rapid release of positive sentiment after the opening, the market lacked further impetus, which led to the decline of the index.Market sentiment: Although there is a phenomenon of high opening and low going today, market sentiment is expected to gradually pick up, and investors' confidence in the market outlook will gradually increase.

On December 10, 2024, the A-share market opened sharply higher under the stimulation of multiple favorable factors. The three major indices collectively opened higher, with the Shanghai Composite Index opening 2.58%, the Shenzhen Component Index opening 3.66% and the Growth Enterprise Market Index opening 4.88%. However, the market did not continue this strong momentum, but there was a phenomenon of high opening and low going. At the close, the Shanghai Composite Index rose 0.59%, the Shenzhen Component Index rose 0.75% and the Growth Enterprise Market Index rose 0.69%. This trend deviates from the market expectation of "opening higher and going higher", which shows that the market has gradually returned to rationality after experiencing initial excitement.Changes in funds: Northbound funds are expected to continue to flow in, providing incremental funds for the A-share market. Meanwhile, the gradual entry of retail investors is also expected to bring vitality to the market.Market sentiment: Although there is a phenomenon of high opening and low going today, market sentiment is expected to gradually pick up, and investors' confidence in the market outlook will gradually increase.