as a holder, I wish things can be reversed soon. At least back to 0.6. But I don't see CNY can be a trigger for this.
Official holiday is a week and labors from assembly line would usually make it as long as two weeks. Low demand in Dec/Jan and high after CNY. This is what happens every year. We know the price starts to plummet last mid-Nov and we know it's more than short term demand/supply.
Chines New Year, page-2
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22.5¢ |
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| Open | High | Low | Value | Volume |
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