My Fintech Empire

Chapter 533 [The benefits continue as soon as the market closes]

There are many ways to make a profit. Naturally, there is no need to hold on to the equity. Anyway, it is a quick-and-dirty deal, just a tool for leeks.

However, investors from all walks of life said that they could not understand the operation of Merrill Lynch, and what was even more incomprehensible was that Charlie Alexander or Merrill Lynch changed his tune, saying that after many exchanges and consultations with Qunxing Capital, a new consensus was reached. And re-evaluate the encrypted digital currency market.

It’s almost obvious that I, Merrill Lynch, are also optimistic about this stuff, believe it or not...

have to!

Now, the public officials and big Vs who crazily clamored for Huayu to apologize some time ago were very embarrassed. They roared excitedly for a long time, with strict and righteous words, but the master personally tore down the table. What is this called?

But now those well-known and big Vs keep silent about this matter.

At the same time, the price of Bitcoin also fluctuated violently today. After the news spread, its price soared all the way to $195.45, a surge of +64.52% within a day.

Merrill Lynch not only did not cut the meat, but increased the size, using actions to show that it is optimistic about encrypted digital currencies, do you believe it or not?

The market's response was to believe it.

But only for a few hours.

As a result, the price of Bitcoin crashed and dived again after a surge of more than 60 percentage points. Not only did it fall back all the gains in the day, but it also smashed all the way to a new low. The lowest price fell to $53.61, the largest drop in the day It reached -54.87%, with a daily amplitude fluctuation of 119.39%.

Those who were long at the highest point in the day today directly made a loss of -72.57%.

This is the response given by the market, and no one believes it.

Even watching the fun in secret, I felt that Merrill Lynch was miserably made by the stars, and was directly trapped to death, so I had to express against my will that I was optimistic about the encrypted digital currency market.

However, the price of Bitcoin rebounded sharply in the end, and the final closing price was locked at 85.17 US dollars, closing down -28.31%. The next day, October 8, it continued to rebound again, reaching the highest price of 147.65 US dollars, hitting +73.36% intraday increase.

But the good times didn't last long, and then there was a sharp dive, and finally closed down 67.70 and turned down -20.51%, and also hit an intraday amplitude fluctuation of more than 100%.

In the next two days, Bitcoin rebounded and rose by about 20 percentage points, and then fell by more than 20 percentage points the next day. The intraday amplitude was above 50%, which can be said to be very volatile.

However, the trading volume has not increased, which shows that Merrill Lynch has not cut the meat, and there is no way to cut the meat.

Participants also know that Merrill Lynch has received more than 4 million orders when the price of Bitcoin exceeds 1,000 US dollars. It is meaningless to cut meat at this moment, and no one can accept it. Qunxing Capital does not accept it, and no one will accept it.

Not cutting the meat is at least a floating loss, but cutting it can become a real loss.

So the question is, how will Merrill Lynch deal with this bad debt?

As a result, a new game logic was born.

If Merrill Lynch really intends to cut flesh, will he raise his emotions so that he can save himself a little loss?

Therefore, there is such a logic in Bitcoin that some people get involved, which causes the price fluctuations in the past few days to be extremely violent, although judging from the K-line, the recent K-line is incomparable with the super positive and negative lines in front of it.

But the actual percentage volatility is even worse, with an amplitude fluctuation of about 50% within a day every day.

In the following days, the price trend of Bitcoin staged a flash crash that fell by at least 20 percentage points almost every day. The previous shorts were forced to be short as badly as the bulls after that.

The price of Bitcoin has also fallen from a three-digit price of more than one hundred yuan to a double-digit or even single-digit price.

...

The National Day holiday ends on Monday, October 10th.

The A-share market is closed and ushered in the first trading day after the holiday. However, the big A performed a new low for hundreds of millions of stockholders when it opened after the holiday. It fell -0.61 percentage points that day, and the market index fell. At 2344.79 points, it hit a new low for the year.

The market is sluggish. Today's stock index trading volume has shrunk to only 39.9 billion. Except for information services and transportation, most sectors have fallen. The market can be said to be extremely depressed.

However, as the leader of popularity in the two cities, Tianzhou Online broke through the upper limit of people's cognition after taking advantage of the backdoor reorganization of Yixing Video.

The stock reversed the daily limit on the last trading day before the festival. Today, the opening exceeded expectations and the one-word daily limit was exceeded, and the one-word daily limit was directly sealed throughout the day. It swelled to a height of 10.382 billion.

During the National Day holiday, Tianzhou Online also disclosed the latest progress and related news of the reorganization in a timely manner, which was more positive.

But, in the eyes of many investors, the normal script should be that a high position is profitable and cashing in is a negative, and if a high position is negative, it is even more negative. No matter what logic you judge, Tianzhou Online should fall.

As a result, the market that actually came out was completely opposite. There must be monsters everywhere, and there is no doubt that Tianzhou Online is a big monster stock.

Not long after the market closed, a big news came out of the market.

Huijin announced that it will increase its holdings in the four major banks, which is important information.

In addition, people familiar with the matter revealed on the Internet that Qunxing Capital will increase its holdings of bank stocks.

The news spread on the Internet is not out of thin air. Fang Hong has made arrangements for the company long ago. The four major behaviors will enrich the capital adequacy ratio and launch a 100 billion refinancing plan. Qunxing Capital will participate. This is not for making money, but for awareness.

Of course, with such awareness, it is safe to make more money.

Qunxing Capital declined to comment on the online news.

As soon as the two big news came out after the market, almost unanimously optimistic about the market.

Some research and development institutions said: Positive signals on the policy side are gradually emerging, and the short-term market is expected to usher in a rebound after a negative decline. The decline in the past year, under the premise that there is no major bad news in the market, the construction of the bottom is nearing completion. There is important good news on the policy side, which is the time when the market is extremely bad.

There are also bullish institutions who believe that: Huijin’s increase in the holdings of the four major banks is the inheritance and continuation of the increase in the holdings of the shareholders of Zhongyou Petroleum, Baosteel and other seedling companies in the early stage, and it is the major shareholders voting and choosing with their hands after the valuation of the heavyweight A-share sector hit a new low. The direct performance of the increase in holdings is a reaction to the current extremely low valuation of this type of stock price. Therefore, Huijin's increase in the holdings of the four major banks will be conducive to the restoration of the valuation of financial stocks.

After the market closed, the big A was as usual, with all kinds of good news coming together, and then the H-share banks' stocks rose in late trading, and the H-shares of the four major banks all rose by more than three or four percentage points.

The reason why Huijin's increase in holdings has attracted much attention is that it was related to the direct limit-up of the market in 2008, so everyone is extremely optimistic about tomorrow's market, and it is certain that it will open higher.

However, there are also some people who are quite cautious. The market’s daily limit in 2008 was completely different. At that time, it was the cooperation of multiple rescue policies from the country that had a huge impact on the stock market. The main funds almost desperately began to pull the market. , The stockholders are also frantically following the market, which makes the market index go up and down.

But now there is not the strength of the bailout policy that year.

In the evening, the good news continued one after another, and the external market also rose sharply. The after-hours news was good one after another, which made today's stockholders who were cutting their flesh miserable.

...

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like