Bitcoin exploded just now, and the price went straight to 30,700, an increase of 11% in just ten minutes. The entire market exploded with 180 million yuan, and then it immediately hit the market and returned to the original point. Many novice fans asked me just now, What happened was actually a very simple thing: it originated from a body called Bi Telegram, which sent a JIA message saying that SEC approved the Bitcoin spot ETF. Although the entire market was boiling, it was immediately pulled from 27800. 30700. Then a number of beauty companies, including BlackRock, came out to refute the rumors, saying that this was fake news, and then Bitcoin began to plummet. Back to square one. Just such a simple thing.

In fact, I posted an article in the afternoon, saying that this message was a JIA message, but due to unknown reasons, it was never successfully sent. You can see the time on the picture.

This wave must be a premeditated move by the main force to clear up leverage by sending out such messages. Just be careful when placing orders. I almost got cheated on the bus today because when I saw the big pull, I thought there must be important news. This kind of big pull would basically be driven by news. As a result, the whole network was saying that sec passed the BitTorrent. Coin spot ETF, fortunately I held back and did not chase the price higher. Because I really don’t believe that at this point in time, sec suddenly passed this Bitcoin spot ETF.