what is the basis of cryptocurrency Top Knowledge graph

In fact, the current GEM index is in the middle of the sideways, and it still runs in the sideways. However, after the seasonal line moves, the bottom of the sideways is also raised, which leads to the next GEM. The closer it is to the bottom of the sideways.In fact, the author thinks that this is a relatively normal phenomenon. After all, the three major A-share indexes are now under great pressure, which mainly comes from two aspects. Perhaps, next, the Shanghai and Shenzhen stock markets will still be affected by the pressure.Moreover, in my opinion, the GEM index is originally in a short-term market change. Why?

Why is this?However, it also shows that today's A-share market is indeed very weak.

Moreover, in my opinion, the GEM index is originally in a short-term market change. Why?Moreover, in my opinion, the GEM index is originally in a short-term market change. Why?