In the context of buying, buying and buying stocks related to the US blockchain concept, how many companies are happy and "one family is worried"?

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△ Companion customer data: comparative analysis of stock retail positions and price data related to the concept of blockchain in the United States

Since the outbreak of the local epidemic in March, the U.S. stock market has magically completed a "V"-shaped reversal. It is not without exaggeration to say that "on paper" it has completely recovered its lost ground. It is said that it regained lost ground "on paper" because the real economic situation in the world, including the United States, China and other regions, is not optimistic, and we will not repeat it here. In the face of this capital carnival, it can be said that the stock retail platform has sprung up and contributed a lot. The most representative one is the fintech entrepreneurial unicorn-"Robinhood" that Peer Customer Data has been paying attention to.On the basis of the previous research on the data of companion customers,

Further matched the stock price history except for the data of retail positions, and marked March 12 this year with a vertical dotted line in the figure as the starting point of this year's "stock market crash" in the U.S. stock market.

We know that under the background of the weak real economy, the driving effect of supply and demand of capital and assets is more obvious. The power of the U.S. government to send money and all shareholders to "buy and buy at home" is amazing, at least from the 15 blockchain concepts we tracked From the perspective of related companies, only Xunlei has not been favored by the majority of shareholders since the US stock market crash in March this year (but the company itself experienced fundamental changes earlier and was reduced by a large number of investors). The remaining 14 companies are all under the strong support of retail investors, but there is only one company that has stepped out of the "unable to support" independent market-that is, it occupies the intersection of "the first stock of blockchain mining machines" and "Chinese concept stocks". Canaan Technology under the concept.

In the picture (middle left), it can be clearly seen that the stock price of Canaan Technology rose first and then fell when retail investors entered the market. Since mid-April, when a large number of retail investors accelerated the influx of stock prices, the stock price fell sharply. The most likely explanation There is only one, that is, there are large investors who reduce their holdings (it can be an institution or an individual). Important factors for this price trend include Canaan Technology’s shortest time to market compared with other companies, insufficient capital liquidity, the continuous downturn in digital currency market prices in the past two years, which has suppressed market expectations, and fierce industry competition in the mining machine market. .