At 9:30 last night, Bitcoin approached the high of 68,000 and then fell rapidly. After hitting a low of 64,800, it slowly rose and stabilized at 67,000. The plunge and pullback formed a "banker wins" situation of both long and short kills. This phenomenon also shows the confidence that Bitcoin will return to 70,000 US dollars before the US election, and the crypto market value has returned to 2.4 trillion.
Prediction market traders have become more optimistic about BTC’s price potential over the past week. On Polymarket, the “yes” side of contracts asking whether BTC will hit a new high in 2024 has increased by 9 percentage points to 64%.
Why does this wave of Bitcoin bull market continue to siphon hot money from the market, while A-shares face some resistance to rising prices? Has the competitive liquidity capital in the West sensed any signal?
In the previous article, it was mentioned that money has legs. Naturally, more hot money is willing to enter the stable environment and good policies to earn investment dividends. The 0.5% interest rate cut by the Federal Reserve on September 18 and the timeliness of the policy under the presidential election turmoil have made some investment families look to the other side. Panda took advantage of the opening of the Federal Reserve's interest rate cut channel and the continued depreciation of the US dollar to implement a series of new stimulus policies, releasing a large amount of RMB, destroying domestic and foreign shorts, and violently pulling up A-shares, Hong Kong stocks, and Chinese concept stocks. Like a dry sponge, when stock markets in other countries fall, it attracts global funds to flock to Panda's home, fearing to miss the opportunity. This is also the reason for the A-share bull market. The peaceful and stable Panda home seems to be about to realize the next economic growth opportunity.
But will Da Piaoliang be willing to accept this? Obviously not!
Da Piaoliang, who is both civil and military, wields the big stick and carrot and immediately completes the battle deployment of the financial combat system:
Text: The introduction of the Patriotic Investment Act means that the investment income of Panda families no longer enjoys capital gains tax and is subject to tax at the highest rate of 37%, in order to intimidate investment families in the United States to leave. In addition, the Federal Reserve is suddenly not in a hurry to cut interest rates quickly to appease the big families. After all, a rate cut will still make the returns of funds in the United States far greater than that of Panda families. The idea of shifting the focus of investment does not seem to be urgent. The funds of Japanese and European companies were intercepted, and the dam gates were quickly pulled down, temporarily suspending the water level of funds.
Wu: Destroy the peaceful environment of the Pandas. The powder keg of the Sino-US war lies in Taiwan and the Peninsula. The legitimacy of Taiwan's territory is generally recognized internationally and supported by laws. Da Piaoliang is just trying to gain more negotiation benefits in the process of pulling. This can hardly shake the Pandas' determination and ability to take Taiwan. Time and morality are both in favor of the Pandas, but if the Northeast Peninsula, as the lips and teeth of the Pandas, can create some turmoil, it will surely hit the investment advantage of the economic peace of the Pandas. Proxy wars and color revolutions have always been Da Piaoliang's forte, and by exporting wars to bind national emotions to divert sudden domestic conflicts and activate the military industry to sell war money, it will benefit many parties at one stroke, just like the Epstein Lolita Island incident, the toxic chemical leak and the recent hot rap celebrity Diddy's child abuse list. Da Piaoliang urgently needs a big event to divert attention and quickly extinguish the public opinion risks of the top leaders. The location of the peninsula and the growing military capabilities of the strongest post-80s generation have given Da Piaoliang the idea of destroying the peace of the Pandas. The Korean drone leaflets and the strongest post-80s generation blowing up bridges and destroying roads have made the risk of war on the 38th parallel of the Peninsula just one missing soldier away. The deployment of war machines and the sharp increase in the number of people called to war have led to a proxy war on the Peninsula that has affected the forces and funds of all parties.
Civil servants can intercept and military forces can transfer. The outflow of funds from big families is not urgent. Both sides of the risk zone are naturally worried about the large amount of funds fleeing and returning to poverty. What channels can meet the needs of these capitals to escape or make money? The answer is that only encryption is more in line with the operations of all parties, especially the encryption "chaebols" of the small country and the "hacker" organizations of the small dynasty. A large part of the Eastern encryption group comes from this peninsula. The small country's Upbit exchange handles tens of billions of transactions every day and the hackers of the small dynasty are well-known. Transferring funds through encryption is not a technical problem. The consensus on the island is Bitcoin and USDT. The capital flight of the crucian carp may be on the eve of the war.
War will not be started lightly, and the extent and duration of the war will drag the world pattern and capital flows into the unpredictable unknown. This is the best of times and the worst of times. The breaking of information barriers and transparency allow everyone to see the truth, and it doesn't matter whether you make a fortune from disasters or take good care of your own piece of land. But you and I in this era are more like a small boat on the sea. Sunshine and coastline are what we need and strive for. The bigger the wind and waves, the more expensive the fish, but we have to go ashore first!
