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Homeweb3.0How long does the crash in the currency circle usually last?

How long does the crash in the currency circle usually last?

Jul 23, 2024 pm 08:24 PM
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The duration of the currency market crash is uncertain and depends on the scale of the crash, market sentiment, acceptance of orders and exchange intervention. Usually, small-scale selling lasts from a few minutes to a few hours; medium-sized selling lasts from a few hours to a day; and large-scale selling lasts from days to weeks.

How long does the crash in the currency circle usually last?

How long does the currency crash usually last?

The duration of the crash in the currency circle is variable and depends on a variety of factors, including:

1. Scale of the crash:

Small-scale crashes usually last for a short period of time and can end in a few minutes to a few hours; Large-scale selling may last for hours or even days.

2. Market Sentiment:

If market sentiment is negative and panic spreads, the selling may last longer because panic selling will intensify the downward trend.

3. Acceptance orders:

If there are enough acceptance orders in the market, that is, the willingness to buy, the smashing orders may be supported and last for a short time. However, if there is not enough buying, the selling may continue for longer until the selling pressure is relieved.

4. Exchange intervention:

Some exchanges may take measures to limit market crashing behavior, such as increasing transaction fees or suspending trading. This may temporarily stop the selling, but it won't end it completely.

Generally speaking, the duration of the currency market crash is as follows:

  • Small-scale crash: A few minutes to a few hours
  • Medium-scale crash: A few hours to a day
  • Large-scale crash Time: Days to Weeks

It’s important to note that these are estimates only and actual times may vary based on specific circumstances.

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