Review of 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%
Originally, the rebound momentum was good, but it suddenly fell, and everyone was panicked
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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.
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March 10, 2020-March 11, 2020
Sideways, after two consecutive days of plummeting, many people feel that the risk has passed, and even many people have opened too much.
March 12, 2020
It was a day of sharp decline. ETH fell from $1,500 in the bull market to $150. I couldn't help but go all-in and open long positions
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 was liquidated and desperate. I never expected 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 be no more market, this industry is over, this circle is over, everyone has been liquidated, no matter how much margin you have, you can't bear it.
At this moment, I feel very relaxed, I feel that it is finally over, and I don't have to be so tired anymore.
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's all over? You are still too naive.
ETH, which has rebounded to $145, suddenly has a giant needle and directly plunges to $87.
BTC, which has rebounded to $6230, has directly reached $3790.
Who would have thought that the market that had taken away all my wealth last night would once again usher in a nearly 50% plunge the next day.
The altcoins dropped dozens of times
At this time, I laughed, fortunately I exploded early