The originally anxious tug-of-war between the long and short parties kept the entire market in a delicate state of balance. Although the market value of Bitcoin continued to fluctuate and fall, it has steadily maintained its bottom line of $4,000 for several days.
Being able to maintain such a calm attitude in the face of such major bad news is simply a shot in the arm for the entire market. The prospects are infinitely brighter and make retail investors full of confidence.
However, the baton of market turning points is always handed over quietly. The rising trading volume for several consecutive days certainly has the factor of a large influx of hot money in the market...
However, this also means that some people choose to take profits and leave the market, constantly selling off the chips in their hands. Otherwise, the market value of Bitcoin will uncharacteristically rise to the sky.
However, these days, the entire Bitcoin market has fallen instead of rising, with trading volume increasing day by day, but the market value has continued to fluctuate and fall, and has lost more than ten points of profit compared to its highest point.
This also means that if retail investors enter the market at a high position, they will be trapped on the top of the mountain without exception, or they will be bargain hunting halfway up the mountain.
Being trapped as soon as you buy it is a normal thing for retail investors. It would be weird if it goes up as soon as you buy it. For this reason, you will naturally choose to wait and see without any panic.
Over the past few days, although market sentiment has been slightly divergent, the solid market value undoubtedly means that everyone still agrees with the value of Bitcoin. Once the differences turn into consensus...
Then it is only a matter of time before Bitcoin goes back up. After all, this is a unique benchmark in the virtual currency market. It is also known as digital gold and has strong risk resistance and value preservation capabilities.
Even the price of gold will have ups and downs, let alone Bitcoin?
Don't panic, it's just a technical adjustment!
However, it was exactly as retail investors expected, but they only guessed half of it right. The differences had indeed turned into a consensus, but in this consensus, the short side had the upper hand.
Regardless of whether you are short or long, you undoubtedly need chips to make a profit. After all, the so-called short selling is also a means of selling high and buying low to earn the price difference.
In terms of operation, it is just the opposite of going long. To go long is to buy when it is low, be optimistic about the market outlook, wait for the market to rise, and then sell your chips to make a profit.
Short selling reverses the order. The operating logic is that in the expectation that the market will fall in the future, one borrows some chips first, sells them at a high price, waits for the market to fall, and then buys low-priced chips within the specified time to pay back the price, thus making a profit.
Take the difference.
Logically, it is not difficult to understand. It is just like a loan, except that the loan is funds, while the short loan is chips.
Loans require a margin, and so does short selling. As long as there is enough margin, it is not difficult to find an institution in the market that is willing to lend chips.
You are a bastard if you don't make money, and short selling can also be regarded as a gambling agreement. Once the gambling fails and the short side liquidates their position, the margin will naturally be gone.
This kind of operation also vividly demonstrates the profit-seeking nature of capital, so in principle, short selling is not allowed in the domestic financial market.
Ahem, it can also be understood that this is a protection mechanism for novice villages, but there are always more ways than difficulties. Short selling can also be performed through securities lending.
Compared with China, which has a relatively conservative view on short-selling, short-selling tools in overseas markets are much more unscrupulous. Under the dominance of profit-oriented thinking, no matter what the market is, the only important thing is to be safe.
Stimulated by the bad news about China's ban, regardless of whether it was bullish or bearish, they all subconsciously reached a tacit understanding.
Whether it is speculators who want to cash out at high prices, short sellers who are in urgent need of low-price chips, or investors who are still bullish on the future prospects of Bitcoin.
Everyone's demand for low-priced chips is undoubtedly the same. What's more, long and short sides are not as clear-cut as men and women. It is just a widely known saying in the market.
Nowadays, even gender can jump left and right, let alone the long and short sides? Even if they are optimistic about the future prospects of Bitcoin, it does not prevent investors from taking advantage of this bad news and taking advantage of the trend to make short profits.
Beautiful name, risk hedging!
After the showdown, they stopped pretending. The bulls took off their hoods and perfectly integrated into the short camp, without appearing to be inconsistent at all.
And when the market forms a joint force of short selling and the willingness of many parties to take over the market is not strong enough, the market will naturally fall off a cliff!
Bitcoin, which was still trading at $4,100 a second ago, plummeted in an instant, hitting $3,882. However, it fell more than 6 points in the blink of an eye. However, the counterattack by the bears was so fierce that even the market did not react.
.
It seems like there is a bottomless abyss below. Although there are many hot money in the market taking advantage of the opportunity to buy the bottom, it is obviously difficult to stop this avalanche.
3800 US dollars, 3600 US dollars, 3400 US dollars, 3200 US dollars...
Whenever you think this is the limit, the market can always break through the lower limit in an unexpected way, and this market without any limit on the rise and fall has opened its mouth for the first time.
It gave a little shock to many retail investors and speculators who tried to buy the bottom but failed halfway up the mountain!
In just one trading day, Bitcoin lost a quarter of its market value, a negative line of -26.59%, which stunned the entire market.
In this avalanche-like downward trend, I don’t know how many retail investors cried for their fathers and mothers, cut off their meat like crazy, and how many people liquidated their positions, facing the reality of losing all their money and crying without tears.
The way the currency circle cuts leeks highlights the uprooting without showing any mercy. It vividly demonstrates the cruelty of the law of the jungle and has taught many retail investors a hard lesson.
The tuition is just too expensive. In comparison, isn't Big A as gentle as Novice Village...
Of course, the main theme of the market is always that when someone cries, someone laughs, and when someone loses, someone will naturally make a profit.
This nearly 30-point plunge is naturally a huge profit for the short side, but seeing that Bitcoin has fallen below the $3,000 mark, the downward momentum is really too strong.
If you use too much force all at once and completely destroy the market sentiment, how can you trick latecomers into taking over?
For this reason, the short side took off its headgear, put on the mask of the long side, and began to restore market sentiment. A large amount of funds began to flow into the market, sweeping away the low-priced chips in the market.
The long side can go short to hedge risks, and the same goes for the short side. Again, the world is never black and white, but a delicate gray.
Many retail investors who had just reluctantly chosen to cut their stocks saw the curve on the market turn a corner and start to rise in the opposite direction. They couldn't help but stare angrily and their eyes were filled with bloodshot eyes.
"Dog Dealer, I%￥&#@%*..." There seems to be no other way to do it except the helpless rage.
To a certain extent, rules are designed to protect the weak and check and balance the strong. Even so, in a market with rules and driven by interests, there are many behaviors that test the bottom line of the rules.
What's more, in this so-called decentralized market, without the constraints of rules, some methods will naturally be used more unscrupulously.
When the vast majority of retail investors and investors first came into contact with the concept of blockchain, they were like Ye Gonghao Long, full of yearning for the so-called true free trading. However, they may not suddenly understand it until they actually face it head-on.
What are the consequences of unrestricted freedom?
With a strong rise, the single-day trading volume of the Bitcoin market once again broke through a new high, directly reaching the peak of 4 billion U.S. dollars. With such a huge amount of funds rising, the market value of Bitcoin also directly increased by 1.
The waves rise and fall.
It directly and strongly increased by 15 points, directly pulling the market value from 2946 US dollars to 3637 US dollars. Although the market sentiment has not been completely restored, such a wave of ups and downs in the market performance has played a more straightforward role than any advertising effect.
effect.
The topic of Bitcoin has not only been vigorously promoted on overseas social platforms, but also attracted the attention of countless retail investors in an instant. Its active presence is indispensable even in the domestic market where it has been banned.
Among them, on the bib platform, the two topics "Bitcoin's Big Drop" and "Bitcoin's Big Rise" were on the hot search list respectively. Many people took advantage of the hot search list to first
Attention was paid to the existence of this virtual currency for the first time.
Even though the government has ordered the three major exchanges to shut down their domestic trading operations and explicitly banned their circulation in the country, just like the existence of a wall, it has never been a problem for those who are interested.
This is more like a two-way choice mechanism, just like a disclaimer. Anyway, I have played the role of persuasion. If you still insist on doing so, you can only do it at your own risk.
However, after experiencing such ups and downs, it is obviously impossible to restore market sentiment in a short period of time, and it will take some time to slowly ferment.
Naturally, this process cannot be rushed. At the same time, Lu Sifang also made a brief report to Zhou Dongsheng in high spirits.
After Zhou Dongsheng's words set the tone, Lu Sifang was determined and gave full play to his responsibilities as a trader, playing a role in fueling the ups and downs of the market.
With the advantage of holding millions of chips, no matter which hood you wear, you can play a decisive role in this blind market.
Even if you just follow the trend, you can follow the market and make a considerable profit on your books, slightly lowering the cost of opening a position!
For a fund of this size, even if the cost is reduced by just $1, it can generate nearly a million dollars more in revenue. This is the advantage brought by the amount of capital.
Snowballs always get bigger and bigger.
“After experiencing this wave of twists and turns, as the market sentiment recovers, the market should go out of a slow bull market. In the long run, the value of Bitcoin must be stable and improving. You should pay more attention and keep an eye on it...
"
"You did a good job this time, I'll mark it down for you." Zhou Dongsheng encouraged him lightly. He had already given enough benefits, and he didn't need to give them every time.
After all, people's hearts are not as strong as snakes swallowing elephants. If it ends up being a feud between people, Zhou Dongsheng doesn't know how to feel.
"It's all due to the chairman's wise decision-making. The subordinates just did some things within their duties and don't dare to take credit!" Lu Sifang said righteously.
"Okay, let's do that." Zhou Dongsheng happily hung up the phone. After watching a big show, he couldn't help but make a summary in his heart.
In view of his lack of understanding of the entire Bitcoin market, in Zhou Dongsheng's view, perhaps Bitcoin's bull market has ended here, and it may take a longer period of time to rise again.
When the entire market gathers enough consensus, it may have the opportunity to hit new highs again. As for when this time will come, even Zhou Dongsheng has no idea about it.
We can only wait and see. Anyway, no matter how hard other institutions try, Zhou Dongsheng will not give up the chips in his hand. He is committed to Bitcoin and will never let go easily until it reaches the anchor point in his memory.
If he could sink this ship with his weight...then Zhou Dongsheng would have nothing to say. To a certain extent, wouldn't this be an achievement (funny)?
The 300-pound butterfly effect... not even the blockchain can stop it!
The fruits sown on the other side of the ocean are obviously not yet mature enough to be harvested. However, turning our perspective back to the domestic market, the shared bicycle market at this moment has undoubtedly entered the craziest stage of maturity.
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Especially with the strong entry of the two Internet giants Tenda and Alibaba to support Mobike and Xiaohuangqi, the former has used the social platform as an invincible weapon to fully open up Mobike and its
Inject a strong impetus.
In just one month, Mobike added more than 24 million new users, directly shortening the distance between Mobike and Xiaohui. The two continue to keep pace with each other.
On the other hand, Xiaohuangche is not weak at all. After directly connecting to Alibaba's credit system, it has opened up the killer feature of no credit deposit, and also won the D round of strategic investment from Ant Financial!
There is no doubt that the strategic significance of this investment is far greater than others. With Alibaba's credit system as an endorsement, Xiaohuanqi can directly skip the market stage of accumulating user credit and continue to focus on its crazy expansion.
At the same time, with the support of wealthy donors, Xiaohuangche also took advantage of its low cost to the extreme and began to conquer cities on a global scale. It directly completed the achievement of 100 cities and became the largest city in the world.
Sharing bike platform!
At the same time, in the "List of the World's Most Valuable Technology Startups" released by well-known overseas venture capital institutions, Xiaohuangche has become the only shared bicycle company on the list!
All of the companies on the list are unicorns with a valuation of over US$1 billion, and today the market value of the little yellow car is even higher than the rest.
Many people believe that the shared bicycle field is very likely to give birth to an industry leader with a market value of more than 10 billion US dollars!
However, for Zhou Dongsheng, when the market frenzy reaches a certain level, it is almost time for him to cash out and leave.