Looking back at 312, the biggest black swan in the history of the cryptocurrency circle, 90% of people were liquidated on that day
March 8, 2020
ETH suddenly fell from $250 to $210, a drop of 17% BTC fell from $9,200 to $8,300, a drop of 10%
The rebound momentum was good, but it suddenly fell, and everyone was panicked
March 9, 2020
The US stock market announced the first circuit breaker, and the market ushered in a big plunge again
ETH fell from $210 to $190, a drop of 10%
BTC fell from $8,400 to $7,700, a drop of 8%
After two consecutive days of plummeting, the air force was revelry, and most of the air force had closed their positions.
March 10, 2020-March 11, 2020
Sideways, after two consecutive days of plummeting, many people felt that the risk was over, and even many people had opened too much.
March 12, 2020
It was a day of sharp decline, and the decline was very severe. ETH fell from $1,500 in the bull market to $150.
99% of people felt that the opportunity had come and started to go long. Even our air force group, led by the group leader, joined the ranks of bottom-fishing.
Everyone I know in the cryptocurrency circle has opened a long position.
As a result, there was a super big plunge that night.
Due to the outbreak of the epidemic, the US stock market ushered in the second circuit breaker.
ETH fell from $190 to $120 that day, a drop of 37%.
BTC fell from $8,000 to $5,500 that day, a drop of 31%.
I never thought that such a black swan would appear in the cryptocurrency circle. I have never heard of or seen such a thing after years of cryptocurrency trading. The altcoins have fallen nearly tenfold.
I think the cryptocurrency world is over, there will never be a market again, this industry is over, this circle is over, everyone has been liquidated, no matter how much margin you have, you can't bear it
March 13, 2020
Many people who believe in the cryptocurrency world have started to buy the bottom again.
Some people whose money has not been exposed have started to scrape together and continue to work hard.
Do you think it has all calmed down? You are still too naive.
ETH, which has rebounded to $145, suddenly plunged to $87 with a giant needle
BTC, which has rebounded to $6230, went straight to $3790
Who would have thought that on the second day, there would be another plunge of nearly 50%
Altcoins fell dozens of times with a needle.
Is this incident particularly memorable to you?
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