#数字货币市场回调 The exchange rate of USD to CNY has fallen to the lowest point of the year. This could be a good signal for the crypto world.
When the exchange rate falls, the flow of funds will change. Traditional market funds look for outlets, and crypto assets often become one of the alternatives. Especially in the current situation of global liquidity fluctuations, this kind of linkage effect may be more pronounced.
Of course, whether the good news can be realized still depends on the subsequent trend. But at least from the perspective of capital, this adjustment may hide opportunities.
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SundayDegen
· 12-01 22:20
Another "capital flow" story, I've been hearing it for five years.
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StakeHouseDirector
· 12-01 22:12
The US dollar falls while the RMB rises; this logic sounds pretty straightforward, but it still depends on whether the funds actually come in.
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MiningDisasterSurvivor
· 12-01 22:12
I have experienced it all; when the Exchange Rate falls, they say there is an opportunity? Heh, they said the same during the Mine Disaster in 2018, and what was the result... Just because the funding looks good doesn't mean there won't be dumping.
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TokenEconomist
· 12-01 22:11
actually, let me break this down — the fx correlation thing here is kinda oversimplified, ngl. ceteris paribus, yuan weakness doesn't *automatically* pump crypto unless you factor in capital controls & onshore liquidity dynamics, which the post sorta glosses over
#数字货币市场回调 The exchange rate of USD to CNY has fallen to the lowest point of the year. This could be a good signal for the crypto world.
When the exchange rate falls, the flow of funds will change. Traditional market funds look for outlets, and crypto assets often become one of the alternatives. Especially in the current situation of global liquidity fluctuations, this kind of linkage effect may be more pronounced.
Of course, whether the good news can be realized still depends on the subsequent trend. But at least from the perspective of capital, this adjustment may hide opportunities.