There are many ways to make a profit, naturally there is no need to hold on to the equity, anyway, it is a one-off deal, a leek tool.

However, investors from all walks of life said that they couldn't understand Merrill Lynch's operation, and what was even more incomprehensible was that Charlie Alexander or Merrill Lynch changed his tune, saying that he had reached a new consensus after many exchanges and consultations with Qunxing Capital, and re-evaluated the cryptocurrency market.

It's almost clear that I, Merrill Lynch, are also optimistic about this thing, can you believe it or not......

Get!

Some time ago, the public and big Vs who frantically shouted for Hua Yu to apologize were very embarrassed, and they yelled excitedly for a long time, and the words were strict and righteous, but the master dismantled the platform with his own hands, what is this called.

And now those well-known and big Vs don't talk about it.

At the same time, the price of bitcoin was also volatile today, and after the news spread, its price jumped all the way to the $195.45 level, which is a +64.52% surge during the day.

Instead of cutting the meat, Merrill Lynch increased its weight and expressed its optimism about encrypted digital currency with actions, 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 collapsed and dived again after rising by more than 60 percentage points, not only falling back all the intraday gains, but also hitting a new low all the way, with the lowest price falling to the price of $53.61, with the largest intraday decline of -54.87%, and an intraday amplitude fluctuation of 119.39%.

Those who were long at today's intraday high directly killed a loss of -72.57%.

This is the response of the market, and everyone does not believe it.

Even secretly watching the fun, I felt that Merrill Lynch was miserable because of the stars, and was directly trapped, so I had to express my optimism about the cryptocurrency market against my will.

However, the price of Bitcoin finally rebounded sharply, and the final closing price was locked at $85.17, closing -28.31%, and the next day on October 8, it continued to rally again, hitting a maximum of $147.65, an intraday gain of +73.36%.

But the good times didn't last long, and then it dived sharply, and finally closed down 67.70 and turned down -20.51%, and played more than 100% intraday amplitude fluctuations.

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, with an intraday amplitude of more than 50%, which can be said to be very volatile.

But the trading volume did not rise, indicating that Merrill Lynch did not cut the meat, and could not cut the meat.

The participants also knew that Merrill Lynch had taken over more than 4 million orders at a price of more than $1,000 in Bitcoin, and there was no point in cutting meat at this time, and no one could catch it, and Qunxing Capital would not accept it, and no one would take it.

If you don't cut the meat, it's at least a floating loss, and if you cut it, it will become a real loss.

So the question is, what will Merrill Lynch do with this bad debt?

As a result, a new logic of the game was born.

If Merrill really plans to cut the meat, will it raise the mood so that he can lose a little less?

Therefore, there is such a logic in Bitcoin, and some people have participated in it, which has caused the price fluctuations in the past few days to be extremely violent, although from the K-line, the recent K-line is incomparable with the previous super long white line and long black line.

However, the percentage volatility is actually more than that, with an amplitude fluctuation of about 50% every day.

In the following days, the price trend of bitcoin staged a flash crash of at least more than 20 percentage points almost every day.

The price of bitcoin has also fallen from more than 100 yuan to three digits all the way down to double digits or even single digits.

……

The National Day holiday ended on Monday, October 10.

The A-share market was closed, ushering in the first trading day after the holiday, but the big A opened the door after the holiday to hundreds of millions of shareholders to perform a new low trick, down -0.61 percentage points on the day, and the market index fell to 2344.79 points, a new low for the year.

The market is gloomy, and today's Shanghai Index trading volume has shrunk to only 39.9 billion, except for information services and transportation, most sectors have fallen, and the market can be said to be extremely sluggish.

However, as the popular leader of the two cities, Tianzhou Online, which has taken advantage of the backdoor reorganization of art star videos, has broken through the upper limit of people's cognition.

The stock in the last trading day before the holiday, the anti-package limit, today's opening exceeded expectations of the top of a word limit, directly closed the word board throughout the day, the stock price rushed to a new historical height of 55.52 yuan, and the market value also 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 restructuring in a timely manner, which was more positive.

However, in the eyes of many investors, the normal script should be that the high position is good and the cash is negative, and if the high position is negative, it is even more super negative.

As a result, the actual market is diametrically opposite, there must be a demon when the evil arrives at home, and there is no doubt that Tianzhou Online is a proper big demon stock.

Shortly after the close, there was a big news in the market.

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

In addition, it was rumored that people familiar with the matter revealed on the Internet that Qunxing Capital wants to increase its holdings of bank stocks.

The news on the Internet is not out of nowhere, Fang Hong has already made arrangements for the company, and the four major banks have carried out a 100 billion refinancing plan to enrich the capital adequacy ratio, and Qunxing Capital is to participate, this is not to make money, it is to be conscious.

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

Qunxing Capital declined to comment on the online news.

As soon as these two blockbuster news came out after the market, they were almost unanimously optimistic about the market.

Some institutions R & D said: the positive signal of the policy side is gradually emerging, the short-term market will be expected to usher in a rebound after the fall, nearly a year of decline, in the market without major negative news under the premise that the construction of the bottom has come to an end, when the policy side of the important good news is that the market is not extremely Tailai.

There are also bullish institutions that believe that Huijin's increase in holdings in the four major banks is the inheritance and continuation of the increase in holdings of shareholders of Zhongpetroleum, Baosteel and other enterprises in the early stage, and is a direct manifestation of the major shareholders voting and choosing to increase their holdings after the valuation of the heavyweight stock sector in the A-share market hit a new low, and it is a response to the current extremely low valuation of the price of such stocks. Therefore, Huijin's increase in holdings in the four major banks will be conducive to the valuation repair of financial stocks.

After the close, the big A was also as usual, with all kinds of good news appearing, followed by the end of the H-share inter-bank stocks, 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 because of the direct increase in the market in 08 years before, so everyone is extremely optimistic about tomorrow's market, and the big high opening is ironclad.

However, there are some people who are quite cautious, the market limit in 08 years, the situation is completely different, at that time, there were a number of national rescue policies to have a huge impact on the stock market, the main funds almost desperately began to pull the market, and the shareholders were also crazy to follow, which made the market index to the top limit.

But now it is not as strong as the bailout policy of the past.

In the evening, the good news continued one after another, the peripheral market also rose sharply, and the after-hours news was good one after another, which made the shareholders who cut meat today painful.

……