what is bitcoin backed by People also ask

1. Regarding today's market, many people think why it suddenly rose? It is inseparable from that resonance of these five positive factor:Last night, within the expectation of US inflation data, there was no suspense to cut interest rates by 25 basis points in December, which eased everyone's worries. It is of great significance for us to cut interest rates in the United States. At least, the operational space for us to cut interest rates is high.I think this is a good thing, because for top funds, the greater the market differences, the easier it is for them to operate.

Assuming that the final good landing, the whole network is talking about big good, there will definitely be funds to choose high-throwing cash. Not to mention other funds, I will definitely suggest that some people who have increased their positions in advance should start to reduce their positions on rallies.After reading the recent market sentiment, I think it is very meaningful to stabilize the stock market.First, the current upward trend of the A-share market is relatively healthy, and the major moving averages below are arranged in long positions, which is very supportive;

A-share: It's gone up, the bears are silent, five positive factors, whether it's going up or shipping on Friday!Explain that after today's pull-up, after the heavy turnover, brokers are actively controlling the increase, and now the rhythm of controlling the slow bull trend is very clear.Third, the Fed's interest rate cut in December was basically locked.