Chapter 781 [Reverse Force, Add Frost to Your Snow]

Less than a minute has passed, and the trend of the disk has changed again, and the people who are watching the market and do not know the truth are collectively stunned again, because they find that the major investment targets that originally plummeted not only stopped falling and rebounded at this moment, but also showed a short-squeezed skyrocketing situation at this time.

The three major North American stock indexes quickly turned red, Brent crude oil prices turned red, and gold prices turned red......

In terms of individual stocks in the stock market, First Republic Bank soared +76% during the day, and Silicon Valley Bank soared +103% during the day.

Crazy, crazy!

The onlookers were all dumbfounded, this scene had never been seen before, the vast majority of people had witnessed it with their own eyes, but they had never experienced it in person, because they did not know why, they did not dare to venture into the venue, they could only witness it with their own eyes.

With this kind of scene and this kind of battle, the wealth in the hands of an careless person may be wiped out and evaporate in seconds.

Only a handful of followers risked their lives to intervene a little.

The reason for this situation is that the opponent is forced to short by the reverse of Qunxing Capital, and a large number of chips are taken away by Qunxing Capital.

This led to the situation that a large number of low-priced chips on the board were not wanted, and suddenly ushered in a polar reversal, turning into a crazy rush to grab chips, and the market suddenly evolved from a buyer's market to a seller's market, and chips were in short supply.

At this time, Qunxing Capital also forced a short backhand, followed by a rush to raise the price, which was simply taking advantage of your illness to kill you.

The result is conceivable, asset prices soared sharply, and it was impossible to suppress it at all, reflecting that the major varieties, including the three major indices in North America, were showing a super big and deep V trend, and the decline from -10 percentage points underwater turned red and rose.

The opponent is really crazy at this time, the higher the price rises, the greater their loss, and those predators are also completely panicked.

It's like the $10 they used to raise funds to get chips, and in order to suppress the price of the board, they lowered the price of these chips to $1, which was only a floating loss before, because the chips were not sold, but only a floating loss on paper.

But Qunxing Capital bought all these chips at a price of $1, and the opponent's handicap was equal to a blood loss of $9, and the floating loss turned into a real loss, and it was taken by surprise and caught off guard.

This is not the end, and now Qunxing Capital has to reverse the shorting.

Most of the chips on the opponent's plate are borrowed, and the back is to be returned, and now the low position has been taken away and has lost 9 US dollars, and the chips must be returned from the market to sell enough to be returned, but the current price surge means that more money will be spent, and the more the price soars, the larger the price difference during the period, the larger the scale of the secondary loss.

And theoretically, the price decline is limited, at most infinitely close to zero, and now there is no game rule that the price can fall into a negative number, but the price increase is unlimited, and it can rise by double, ten, thousand, or even ten thousand times, which is theoretically true.

After being forced to short in reverse, it will really go bankrupt, how can those predators not panic?

At the time when the stock market, futures and other varieties are going to be super big and deep V short-forcing market, the encrypted digital currency market next door has come out of the reverse multi-kill situation at the same time, and the price trend of Bitcoin, which has skyrocketed five-fold, has collapsed.

Fang Hong secretly held millions of bitcoins, one-third of the chips of this variety were actually pinched in his hands, and the cost price was only less than 2 US dollars, and when the opponent used the absolute capital advantage to launch a short squeeze, he directly smashed more than 2 million bitcoins at the price of 4700 US dollars, and the corresponding market value was no more than 10 billion US dollars.

The expectation of the counterparty was to ask Fang Hong to buy chips at a high position to close the position and stop loss, but he didn't expect to take the order at this price, and it was more than 2 million.

At that time, the price of bitcoin plummeted all the way from the price of more than $4,700, because the counterparty received the message instruction from the boss, quickly canceled the order and reversed the operation to stop loss, bitcoin is trading around the clock and is T+0.

As a result, more than 2 million bitcoins have just been received at a price of more than 4,700 US dollars, and they are about to sell and stop out the shipment, and there is a terrifying selling pressure of tens of billions of US dollars in the handicap of bitcoin.

However, there is no opponent handicap.

There is no undertaking at all below.

As a result, the price of bitcoin swooped from more than $4,700 all the way to $1,000 or even lower, and Fang Hong's side added fuel to the fire, he sold more than 2 million, and he still had more than 2 million in his hand.

At this time, Bitcoin did not have Fang Hong as a rival, and the disk was not undertaken at all, Fang Hong also added fuel to the fire, and he didn't need too many chips, only about 100,000 bitcoins were used, and the price was directly smashed to $100.

If the more than 2 million bitcoins in the opponent's hand want to get out, you can, but the quotation must be lower than $100, and Fang Hong is also ready to accept it, if the opponent's price is really lower than $100, then all next, if the transaction is made at this price, it will only take about $200 million to receive back more than 2 million bitcoins.

Previously, more than 2 million bitcoins were sold to cash out $10 billion, $10 billion minus $200 million, and more than 2 million bitcoins came back, not to mention, and they could make a net profit of $9.8 billion.

However, the opponent plate was not sold, more than 4,700 US dollars took over, and there is no difference between selling it at a price of 100 US dollars and giving it for nothing, and the opponent would rather be trapped in his hands than sell it at this price.

And this is exactly the result that Fang Hong wants, and it is expected that this will be the case, his purpose is to trap the opponent.

Only now that they are trapped, they will try their best to pull the price up in the future, just like Merrill Lynch's funds were trapped in the Bitcoin price for the first time a few years ago.

Fang Hong is not worried that he will not be able to recover more than 2 million chips after losing them, because Bitcoin will continue to be mined in the future, and then he will slowly absorb chips at a low price.

Now while making tens of billions of dollars in blood, they will forcibly pull Wall Street into the water and let the cryptocurrency have one more main force, and then they will brag about Bitcoin and the benefits of cryptocurrency in order to untie the hedge.

……

It's a long story, but in fact, less than five minutes have passed since several Wall Street predators held an emergency video conference to close their positions and stop losses, and at this moment, the three major North American stock indexes have all risen by more than +4.5%.

From -10% underwater to +4.5% above water, the middle is about 15% up and down amplitude fluctuations, which is the amplitude of the exponential.

Individual stocks are even more incredible, Silicon Valley Bank directly soared +150% in the day, First Republic Bank soared +176% in the day, including other stocks that plummeted in half yesterday and are now doubling and soaring in the day under the epic short squeeze.

Before, it was a circuit breaker crash, but now after being forced to short, it has reversed two levels and skyrocketed all the way.

The trend of the market has changed abruptly, and with the short squeeze trend of the great deep V, the follow-up funds have also added another fire, and they are still further squeezing short.

At the same time, the predators of several top Wall Street capital groups held an emergency video conference again, this time the magnesium Federal Reserve, the treasury secretary of the United States, and the top of the North American Securities and Exchange Commission also came.

The emergency meeting behind closed doors was to discuss one thing: unplug the network cable——!

With the current situation of forcing the air, if it continues, it will really stage a situation of exploding on the spot, and it will be completely out of control at that time, and I don't dare to think about that scene.

In addition to forcibly unplugging the network cable, I really can't think of a better way.

…… (End of chapter)