The fund rose in the morning and fell in the afternoon. For long-term holders, there is no need to care too much about short-term fluctuations. For OTC funds, the valuation of the fund is affected by the trend of the fund target, which will rise in the morning and fall in the afternoon. That is to say, due to other factors such as poor market conditions, the fund target will rise in the morning and fall in the afternoon. For OTC funds, the fund price is not only affected by the trend of the fund target, but also by the trading activities on the market, that is, when investors ship in the afternoon, the fund price will also rise in the morning and fall in the afternoon.
It is random for a fund to rise in the morning and fall in the afternoon, or fall in the morning and rise in the afternoon. For long-term investors, don't care too much about the short-term fluctuation of the fund, just pay attention to the long-term trend of the fund, that is, you can predict the long-term trend of the fund according to the historical performance of the fund manager or the development potential of its investment target.