A highly liquid spot exchange rate. Fundamentals and technical aspects interact with each other and are complicated. However, the technical analysis of the K-line relative to the large market may be relatively stable, because the impact of fundamental news on the price may be only temporary; On the other hand, the trend is actually a variable, and the current price is constantly being created. Therefore, the accumulation of steps can be thousands of miles, even the smallest fundamental factor, the fluctuation is not big. If the weather, geographical location, people and market risk preference are linked and continue to move in a certain direction, it may also destroy the trend shown by the original large-scale K-line. That sounds contradictory. But this is the market.
Melancholy hedge. Blog-related blog posts can be used for reference, so I won't go into details.