The butterfly effect caused by Silicon Valley Bank (3)
Silicon Valley Bank is one of the most popular financial institutions among technology companies. The market is worried that the bursting of the technology bubble will be transmitted to the US financial system, so that the Internet bubble bursting at the beginning of this century or even the financial crisis will repeat itself.
Even Silicon Valley Bank now has problems, and investors can't help but wonder what will happen to other banks that don't have as much assets and reputation as Silicon Valley Bank.
So the current market is not optimistic at all. This is one of the reasons why we have been insisting on short selling. Tonight's data release is another turning point. Which direction will it go? Pay more attention to our QQ and we will judge the accurate trend as soon as possible for everyone to use as a reference. If you read the article carefully, you will avoid many pitfalls. Forecasts of SSV, FIL, BLUR, don’t touch copycats, don’t buy lows, etc.
