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Today’s trend has nothing to do with the news at all!
This morning’s oil price was just a normal correction; it shouldn’t have dropped this much.
The main culprit is that no one is trading, and the trading volume is too low!
Once quantitative institutions start selling, there’s no one to buy the dip, and the price just gets hammered through.
It’s purely because there isn’t enough money and liquidity is too poor, unrelated to the logic.
Want to stop the decline? It all depends on whether trading volume can pick up. #Gate金手指