Compared with the daily K-line, the monthly K-line can better reflect the general trend of asset prices. Because in a month's time, the price of assets has not changed much, and the trading trend is more obvious throughout the month. In technical analysis, investors usually compare the K-line data of several months to judge the long-term trend of assets and predict the price inflection point.
The monthly K-line is not only a tool for investors to predict the market price trend, but also an important indicator to measure the cost performance of assets for investors who hold assets for a long time. By analyzing the monthly K-line, investors can understand the overall performance, advantages and disadvantages of the asset, and then decide whether to continue to hold or sell it. In investment decision-making, the monthly K-line should not be the only reference factor, but it is a very effective tool, which can help investors make more accurate judgments.