The "pre-Labor Day effect" is now evident in the A-share market. With the holiday approaching, there are only three trading days left. Given the uncertainty of the external environment during the market closure, major funds are generally adopting risk-averse strategies: institutions actively reducing their positions and cashing in profits; northbound capital continues to flow out; leveraged funds are also shrinking in tandem.



This has created a scenario of synchronized capital outflows. Essentially, this is a typical "liquidity contraction" and consensus risk-avoidance behavior in major risk assets before significant holidays worldwide. Currently, global financial markets have collectively shifted to a defensive stance, and the resilience of assets like Bitcoin at high levels perhaps precisely indicates that risks are gathering in another form. $BTC $GT $ETH
BTC-0.66%
GT0.37%
ETH0.32%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments