Everyone, hold on tight! Today's drama in the crypto world is even more thrilling than the Russia-Ukraine battlefield! The spike in Bitcoin at 4 PM on June 20 was not a technical rebound; it was a genuine panic sell-off of funds due to war!
Event recap:
In the early hours, Russian drones launched a surprise attack on Odessa, and Ukrainian data hit back: 1 dead, 14 injured, and school apartments turned to ruins. This news caused a stir in the global financial markets! Traditional safe-haven asset gold rose sharply, but even more outrageous was that Bitcoin, this 'digital wild horse,' transformed into Noah's Ark, with $3 billion in risk-averse funds flooding in like a tide, pressing short sellers down!
Core viewpoint:
This wave of an 80% surge was ignited by the risk-averse sentiment due to war! The remaining 20% is just technical performance.
Geopolitical conflict = Fund nuclear button
Whenever war is involved, the first action of institutional funds is to sell stocks and dump bonds. At this time, Bitcoin shows its might as 'digital gold'—trading 24/7, cross-border transfers faster than SWIFT, with large funds rushing in to scoop up the bottom; how could it not rise?
The timing is spot on
This 4 PM timing was too cunning! It was right at the peak of the Russia-Ukraine news fermentation, combined with the closing of European markets and the opening of US markets, causing a sudden explosion in trading volume. What's even crazier is that the Russian side hadn't even responded, and this uncertainty directly heightened the risk-averse sentiment!
Technical short covering
Bitcoin has been hovering around $106,250 for half a month, and the short sellers were almost out of bullets. As a result, when the risk-averse funds surged, it directly triggered a short squeeze—short sellers were forced to close their positions, and buying pressure kept rolling in; the price was bound to soar!
But Brother Sheng needs to pour cold water:
Such event-driven surges come quickly and go even faster! For those who are currently in the market, don't get carried away, and for those who missed out, don't regret too much.
Short term: The clouds of war linger, Bitcoin may continue to serve as a safe-haven asset, but the volatility will be terrifying. Long term: It ultimately depends on the Federal Reserve's stance; a cooling of interest rate hike expectations is the real good news.
Finally:
Ordinary investors shouldn't envy this surge; blindly chasing highs only serves the big players. True big opportunities are always born in panic and die in madness.
Refuse to fight alone! Click to follow, leave a message about strategies, and let's capture the main wave of the bull market together!
Only those who understand how to position ahead of time can seize the windfall. The next step to ignite it depends on whether you dare to get on board early!
