"GBTC Game Countdown, Hong Kong Quietly Assists"

每日前瞻 · 2023-10-20T10:39:51.000Z

Daily preview 10.20, the hot spot in the circle today continues to focus on GBTC. Whether it can successfully transform into a spot ETF will depend on the next few days. If nothing else, the decision will be made next Monday. Driven by expectations, the market began a long-awaited collective bounce. But what surprised me was that the attitude of friends in most WeChat groups seemed too calm or dull. This may be because Most people prefer the performance of copycats. On the other hand, we have been frightened by various false positives this year, and we have a kind of indifference attitude. In addition, I am very interested in another piece of news that appeared today (from Hong Kong). Although the title seems quite serious, it actually hides a lot of mysteries. To put it bluntly, Hong Kong’s attitude towards the encryption world has not become stricter. , on the contrary, it has further improved its friendliness to retail investors. To be honest, there was a wave of hot spots in Hong Kong in March and April this year, but it didn’t cause much decent splash afterwards. In addition, few platforms have applied for relevant licenses since the second half of the year. It seems like nothing has happened. Same. However, in fact, Hong Kong's regulators have been advancing some things step by step. Progress in this area cannot be rushed and should be allowed to take its course. In short, the road ahead is full of stars and seas, come and go, and do your best to obey fate. Speaking of which, it is quite ironic that today we saw the market break through 30,000 and at the same time we witnessed the battle to defend 3,000 in Big A.

Daily Outlook 10.20, today's hot spot in the circle continues to focus on GBTC. Whether it can successfully transform into a spot ETF will depend on the next few days. If nothing unexpected happens, there will be a conclusion next Monday. Driven by expectations, the market has started a long-lost collective jump, but what surprised me was that the attitudes of friends in most WeChat groups seemed too calm or indifferent. This may be because most people prefer the performance of copycats, and on the other hand, we have indeed been scared by various fake benefits this year, and we have a posture of not caring about it.
 
In addition, I am very interested in another piece of news that appeared today (from Hong Kong). Although the title looks quite serious, it actually hides a lot of mysteries. To put it simply, Hong Kong’s attitude towards the crypto world has not become stricter. On the contrary, its friendliness towards retail investors has further increased.
To be honest, there was a wave of hot spots in Hong Kong in March and April this year, but it didn't make much of a splash afterwards. In addition, few platforms have applied for relevant licenses since the second half of the year, so it seems that nothing has been done. However, in fact, the regulators in Hong Kong have been pushing forward some things step by step. There is no rush for progress in this regard, so let it take its course.
In general, the road ahead is full of stars and seas. Since we are here, we should do our best and leave the rest to fate. It is quite ironic that today we saw the market break through 30,000 and witnessed the battle to defend 3,000 in the A-share market.