Brothers, were you scared out of your wits this morning? When I woke up and opened my account, I saw that the spot traders generally lost more than 10%
Contract players are even worse off, with most positions wiped out! The most exaggerated thing is that today’s largest single order was liquidated, with BTCUSDT long orders, 203 million dollars wiped out! This wave of “black swans” came too suddenly, causing the entire cryptocurrency circle to wail.
What is the culprit? The Middle East is in turmoil again! Israel dropped a bunch of bombs on Iran, and the global financial market went haywire. The cryptocurrency market was the first to be hit. Bitcoin fell by as much as $6,000, and Ethereum fell by as much as $300. Other currencies also suffered. How many people were left with tears after this wave of operations!
So, what is this "black swan" all about? Don't panic, let's slowly sort it out and talk about the follow-up countermeasures.
The whole story of this black swan
Israel launches a big move: Operation Rising Lion
This morning, Israel suddenly launched a military operation called "Rising Lion" to bomb Iranian military targets. The focus was on Iran's uranium enrichment facility in Natanz, which was blown to pieces! Israeli Prime Minister Netanyahu said that this was to eliminate Iran's nuclear threat and protect the security of himself and the Middle East. He also said that this operation would last for several days (so everyone should try to do as little as possible in the next few days)
As soon as the news came out, the whole world was stunned. The United States had previously warned Israel that it might take action and asked its citizens to evacuate the Middle East. No sooner had the words fallen than the bomb came!
Iran is not convinced: I will fight back
Iran was not to be outdone, and immediately called Israel an "aggressor" and threatened to "retaliate in kind." The Revolutionary Guards are fully armed and ready to teach Israel a lesson. Iran also called on the United Nations to take action, saying that Israel's actions were illegal and needed to be dealt with.
Other countries in the Middle East have also begun to take sides. Saudi Arabia and the United Arab Emirates are keeping a low profile, while Syria and Lebanon's Hezbollah are directly supporting Iran and threatening to help Israel. This situation feels like it could lead to a bigger mess at any time.
Israel's nuclear trump card
Israel has always been a country that plays "nuclear ambiguity". It does not say that it has nuclear bombs, but everyone guesses that it has hundreds of nuclear warheads and is the only player in the Middle East with nuclear weapons. Netanyahu once made a harsh statement:
Israel has nuclear weapons, and it dares to use them if provoked
We must not allow Iran to develop a nuclear bomb and maintain our status as the nuclear leader in the Middle East.
If Israel is forced into a dead end, it will drag hostile countries down with it and create a "nuclear bundling"
How should people in the cryptocurrency circle respond?
Brother Song can tell you that there is no need to panic. We just need to remain unchanged in the face of change.
Let me tell you the logic
What is the trendsetting currency in the cryptocurrency world? Bitcoin!
Then you only need to remember this sentence for Bitcoin, "Institutional holdings of Bitcoin have increased significantly over the past year. Currently, about 8% of the total supply of Bitcoin is in the hands of major entities, and this proportion continues to rise. Large institutions including exchange-traded funds (ETFs), listed companies, and even sovereign states are accumulating large amounts of Bitcoin."
And Bitcoin is included in the US strategic reserves
The significance of strategic reserves is that we see the development potential of Bitcoin, so we want to use the power of the country to control Bitcoin as much as possible to ensure the competitive advantage of the United States in the future. Just like in the past "gold standard" era, when the United States controlled a lot of gold, controlling resources can have the right to speak
Therefore, the price of Bitcoin will definitely be stable. If the price of Bitcoin is stable, the cryptocurrency market will also be stable.
The conflict between Israel and Iran will at most slow down our progress and cost us some time.
As long as there is no collapse of a large exchange or a large institution involved in the cryptocurrency circle, our previous views remain unchanged.
The black swan is just a minor episode, the bull market will come!
The Middle East war has caused us to suffer a "dumb loss", but to put it bluntly, the black swan is just a minor episode in the market, and the logic of the bull market remains unchanged. We are in a peaceful China, so we can just sit back and watch the show. Don't panic if your account shrinks, just adjust your mentality and wait for the flowers to bloom.
There are no obstacles that cannot be overcome, only brothers who can’t wait! This wave of black swans just makes us endure a little more time, brothers, hold on!
Last words
In today’s cryptocurrency world, too many people hold a lot of cryptocurrency but are caught in a dilemma: when there is no market, they can only wait passively, but when the market comes, they don’t know how to allocate their positions and miss the opportunity.
Those who cannot adapt to the times will eventually be ruthlessly eliminated by the market! How many people have struggled in the cryptocurrency circle for many years, but are still being pressed to the ground and bruised?
I would like to give you a message: Only innovators can advance, only innovators can become strong, and only innovators can win!!!
Those who walk alone go fast, but those who walk together go far
Follow me, Song Ge will take you to ride the wind of the crypto market
Break your inherent thinking, change your leek-like operating habits, and achieve your future!!!
