Many retail investors who were originally crying for their parents and queuing up to sell saw the rebound curve on the market. Those who reacted a little faster may still have a chance to withdraw their selling orders.
But if the reaction is a little slower, it is not difficult to find that the sell orders on the market are swept away almost instantly, and the market curve is almost violently pulled up.
The crazy banker is just staring at the three melons and two dates in my hand, right?
If I don’t sell, it won’t go up. As soon as I sell, you will go up!
Although there are language barriers in different parts of the world, at this moment, many retail investors obviously reached a high degree of spiritual synchronization and expressed their sincere blessings to the banker in their own native languages.
The market, which has gathered the will of many retail investors, seemed to be in a state of recovery for a moment. It stopped the decline, but immediately leaked aggressively and began to hit the high ground of $6,000 in reverse.
At the same time, the continuous delivery of sell orders on the market drove the trading volume of the entire market to continue to rise, reaching a new high almost instantly, creating a jaw-dropping trading volume!
$9 billion!
It is only one step away from reaching tens of billions of US dollars. If there were not enough chips on the market, with the joint efforts of a group of coordinated institutions, it would be no problem to break through the tens of billions of US dollars.
Supported by such a massive trading volume, the entire market was violently pulled back above $6,000. The intraday increase once reached 10%. Although it fell slightly, it still easily stabilized the decline.
It has to be said that in this anonymous market, which has no limit on price increases and decreases and can trade endlessly 24 hours a day, it is a natural stage for institutions to exert their efforts.
Whether it's poor information, the amount of funds, or trading skills, retail investors who are like a pile of scattered sand can be described as black-eyed and almost helpless.
The only strategy that can be adopted seems to be to follow the trend and take a sip of soup behind the main force.
Of course, under such circumstances, many organizations cannot be monolithic. They can temporarily join forces for the sake of profit. Similarly, for the sake of profit, they can also choose to stab friendly forces in the back...
After all, in this market that focuses on anonymous transactions, it is impossible for anyone to see clearly who the face hidden behind the mask is.
The short-term consensus is always fragile and sensitive. Once disagreements arise, it will inevitably fall into a tug-of-war between the long and short sides.
Such a huge market still follows the basic laws of nature, which is nothing more than the big fish eating the small fish, and the small fish eating the shrimp. There are also gaps between institutions.
But there is no doubt that this wave of violent selling, from 7,000 U.S. dollars to 5,000 U.S. dollars, created a price difference of nearly 2,000 U.S. dollars in just a few days, which is enough for the short side to make a lot of money.
The bowl is full.
While making profits, he could also flexibly change his stance, become multi-party in seconds, sweep away a wave of excess low-price chips on the market, and successfully complete the task of building a position.
At the same time, we work together to start to pull up the market. In this way, we can eat both ends at once and earn double profits. It can be said that we kill multiple birds with one stone.
It's just that there are still very few people who can actually pull off such a cool operation. Not only do you need to have the ability to accurately judge market trends, but you also need to have excellent trading skills.
Of course, the most important thing is to have enough ammunition. The saying that all fears stem from insufficient firepower obviously applies to the capital market as well.
Although there is no smoke on this battlefield, it can have the effect of defeating the enemy without fighting.
For Zhou Dongsheng, who has sufficient chips in hand, he naturally sits firmly on the Diaoyutai. Not only does he enjoy the pleasure of sitting on the mountain and watching tigers fight, but he can also take this opportunity to add fuel and fuel to the fire.
Short sellers have to spend a lot of money to borrow chips so that they can use this as capital to use leverage to move the market. However, for Zhou Dongsheng, who already holds the chips, he only needs to fish.
Even though there is the Pacific Ocean between them, it does not prevent Zhou Dongsheng from accurately conveying his ideas to Lu Sifang. As for how to operate, that is not what he, the mastermind behind the scenes, needs to worry about.
Even at the end, Zhou Dongsheng could add lightly, "Take this opportunity to make a nest, don't scare the nest. We have so many chips, we must give others a chance to enter the market, otherwise who will help us carry the sedan..."
Lu Sifang naturally understands this. After all, the huge amount of chips they have in their hands now have been accumulated slowly after lurking in the market for more than a year.
If the market does not have enough capacity to undertake the transaction, it will undoubtedly be impossible to successfully cash out such a huge amount of chips.
With the amount of chips currently in Zhou Dongsheng's hands, to a certain extent, he even has the initial initiative to flip the table. Once he takes the initiative to smash the market, it is obviously impossible to take on the current size of the market.
.
It may even bring down the market sentiment and cause the market value to plummet, which is naturally not worth the gain.
Naturally, no one would do such a thankless task, something that was not in their own interests, and Zhou Dongsheng was no exception.
After all, today's Zhou Dongsheng is already a big dog banker even in the entire Bitcoin market, and is by no means a small-time retail investor.
As we all know, the number of chips in the entire Bitcoin market is constant at 21 million, and nearly one-third of the chips have not yet been mined, which means that the total number of chips in the entire market is currently about 15 million or more.
Among them, the recognized big banker is naturally the mysterious founder "Satoshi Nakamoto". To this day, no one knows his true identity, whether he is a mysterious organization or an individual.
But there is no doubt that the number of chips in his hands must account for a quarter or even more of the total market. A conservative estimate is close to five million chips.
In addition, there are obviously some institutions that control an unknown number of chips. Under such circumstances, there are naturally very few chips that can actually flow in the market.
Prior to this, the signs of active trading in the market did not even rule out the fact that some institutions were just creating an illusion of left hand and right hand. To a certain extent, this was not "making a nest".
However, when Zhou Dongsheng quietly entered the market and lurked, he slowly gathered some of the chips into his own hands without disturbing the nest. It can be said that it took a lot of effort to collect so many chips.
Even if this is the case, no matter how late the fisherman is and cannot clearly see what is going on under the water, it is only a matter of time that he turns his left hand upside down and his right hand turns upside down and realizes that the chips in his hand are getting smaller.
When this happens, either a big fish has entered the nest, or a large number of small fish and shrimps have entered the nest and eaten up all the bait...
No matter what the situation is, it is a good thing for fishermen. After all, what fishermen are afraid of is not that the fish will not bite the hook, but that there will be no fish in the pond at all.
The former is because his skills are not as good as others, while the latter is a skillful woman who cannot make a meal without straw.
As long as it is confirmed that there are fish in the pond, all that is left is to find ways to catch the fish. If there are no fish, even throwing a torpedo in will be in vain.
And after this vigorous tossing, it is enough to prove the activity of the market to a certain extent. It is not only fishermen who are tossing, but also taking this opportunity, a large number of fish have begun to enter the nest.
For fishermen, wherever there is water, they will want to swing a couple of poles to test the water, but for fish, they don’t have so many twists and turns. As long as there is bait to eat, they will swarm
Drill in.
Don’t worry about the flood, let’s talk about it after you’re full.
By analogy, the market is naturally the same. As for who is the fish and who is the angler, it is naturally a matter of opinion.
After making such a big noise, it is equivalent to a new round of shuffling for the market. After this round of "technical adjustments", it is inevitable that chips will be highly concentrated in the hands of some people.
Just like the iron law that water flows downward, it is also an objective fact that on any poker table, as long as the game lasts long enough, the chips will eventually be concentrated in the hands of some people.
In order to keep the game going, dealers often choose to issue additional chips appropriately, or adopt certain technical intervention methods to further balance the situation...
However, for Bitcoin under the banner of "decentralization", this method is obviously not applicable, not to mention the rule of a constant 21 million chips, which further limits the use of this method.
Therefore, even if Bitcoin is claimed to be "decentralized", in the face of the objective laws of this market, it is inevitable that chips will eventually be concentrated in the hands of some people.
And once a sufficient number of chips are mastered, to a certain extent, isn't this person the center of the market?
After all, as long as you have enough chips, the ups and downs of the market will inevitably be completely controlled by you. Regardless of the technological innovation of blockchain, it is actually still difficult to change the objective iron laws of this market.
This is just like the existence of Newton's three laws. Even if the latecomers are better than the master and have the highest attainments in physics, they cannot overturn the three laws that serve as the cornerstone of the theory.
The only possibility to achieve this is perhaps...physics no longer exists (funny).
Ahem, let’s get down to business.
And when the market goes through a new round of adjustment, even if there are many players and the number of chips allocated to each person is very limited, it still cannot change the fact that the chips are highly concentrated.
In fact, the number of chips circulating in the market is decreasing at a speed visible to the naked eye. In this case, the market's supply and demand relationship naturally reverses quietly.
As we all know, prices are affected by the relationship between supply and demand. If supply exceeds demand, prices will rise. If supply exceeds demand, prices will naturally fall. Prices will fluctuate around the value itself.
When chips are concentrated and liquidity decreases, it means that every market participant holds on to the chips in their hands and chooses to wait for the price to sell.
Surrounded by this sentiment of rare goods, the market has undoubtedly started a new round of accelerating market conditions!
Even affected by many external factors, this round of accelerating market conditions is more determined than before and is not sloppy at all.
It only took less than 2 trading days for the price of Bitcoin to regain the high level of 7,000 US dollars, and only stayed there for a while.
After that, they gathered their strength and sprinted straight towards the eight thousand US dollar mark. The originally unattainable natural danger became extremely weak in front of the revitalized main force. There was almost no obstacle, and the main force rushed straight to Huanglong in an instant!
In mid-November, it was officially announced to the world that today Bitcoin successfully conquered the $8,000 high, everyone knows!
After capturing the 8,000-dollar highland in one fell swoop, the main force chose to camp on the spot. While recharging their energy and accumulating strength, they also did not forget to use the same propaganda to spread the news to the outside world.
If you want to feed war with war and become more courageous as you fight, you must ensure that the logistics can keep up. When the main force attacks the city and plunders the lake, the logistics troops naturally need to keep up and clean the battlefield.
Only by complementing each other in this way can an invincible joint force be formed to destroy all odds in the market.
This was indeed the case. The main force cleared the 8,000 U.S. dollars high ground back and forth. Then they cheered up, turned their horses, blew the charge horn again, and headed towards the 9,000 U.S. dollars mark.
It only took three or two days of back and forth to easily capture the 9,000-dollar high ground. This time, I didn’t even make any adjustments. After another three or two days, the main force’s flag had already been planted at 10,000 dollars.
On the high ground of beautiful swords, they are fluttering in the wind!
This round of accelerating market conditions was as dizzying as a blitzkrieg. Everything developed as if it was a matter of course. There seemed to be no resistance in the market. The $10,000 mark was announced with almost no effort.
The news of this historic moment spread throughout the country in an instant, causing the entire market to be in an uproar.
You must know that when November just started, Bitcoin was still in the joy of just winning the $6,000 high. Now that November has just passed two-thirds, the distance between Bitcoin’s market value and its doubling is already
a step far!
Such an astonishing increase and such obvious benefits are enough to drive anyone who hears the news crazy. No one can remain rational in the face of such benefits.
Just like the widely circulated famous saying, "If a business has a 10% profit, someone will naturally ensure its existence everywhere. If there is a 20% profit, the entire market will be active. If there is a 50% profit, the whole market will become active."
, then someone will inevitably choose to take risks..."
"And for 100% profit, even if they risk breaking the law, there will still be people who resolutely choose to trample on the law..."
"As for 300% profit, there is no need to commit any crime, even the risk of hanging one's head..."
In less than a month, the market value has skyrocketed by nearly 80%. If you extend the timeline to a year, you can even find...
At the beginning of 2017, the market value of Bitcoin was less than $1,000!
In other words, in less than a year, the market value of Bitcoin has skyrocketed more than 10 times. This is more than a 300% profit!
Under such a major positive stimulus, the entire market seemed to have dropped a blockbuster. However, any investor who heard the news found it difficult to stay rational. The entire market was attracted by the biggest news in the market.
Beautiful boys are attracted to you.
At the same time, a large amount of hot money in the market was inevitably attracted and began to flow into Bitcoin!