lanxing蓝鸟会

Folks are so scary

Wow, why did USDT change to 6.95?
What is the reason?

1. The impact of the policies on stablecoins jointly issued by the six ministries before? OTC merchants cashing out without considering costs?

2. The largest gray market guarantee platform, Huiwang, has oil flowing out of the market, with rumors outside saying it's being bought at 70%?

3. Is there a problem with Tether, the issuing institution of USDT?

I really hope that the blue mentioned inside is me, haha
Unfortunately, it's my college classmate!

Today in Hangzhou, the sun is shining brightly. Calculating a bit, the rebound has come. Can Ethereum rise above 3000 again, and then drop?

The Night of the Great Crash

On November 5th at 3 AM, it crashed.
ETH fell below 3290, breaking the 360-day line.
Officially announced the shift from bull to bear, the market was blood red.

Little Star stared at the screen, the numbers of his liquidated account flashed like bullets.
That was his parents' retirement money.
He didn't tell anyone.

His wife had divorced him last winter,
leaving behind a sentence:
I can't hold on any longer.

The bank card balance was only 4156.
The credit card limit was also almost used up.

He leaned on the sofa, wanting to drink some alcohol,
yet he couldn't bear to spend that 19 yuan on takeout.

The rain outside was light,
like it was mocking his predicament.

At that moment, he suddenly wanted to be embraced by someone,
even if it was a stranger.

But he knew,
no one would come.

So he opened Telegram,
his finger paused on the broker's profile picture,
and then he closed it.
Damn, when someone is down on their luck, even calling a welfare girl feels too expensive.

He suddenly laughed,
laughing at how he had turned into the K-line of the exchange—
surging up and crashing down,
fluctuating violently, yet with no direction.

At 3 AM, he opened the trading software,
using the last 4156,
to place a 20x ETH short position.

Can't hold on any longer, if it crashes tomorrow,
I'll accept my fate and become a security guard.
He said to himself.

The light from the screen reflected on his face,
in that moment, he didn't think about the future,
only wanting to know:
could life turn around one more time?

If you only see this and do not understand the importance of decisive stop-loss,
then you will easily blow up and lose everything in the next operation.