legendary trader

Chapter 961 962 shot

The price of bitcoin broke through 6.3 yuan and 7 yuan from 8 yuan in a row, and then reached around 9 yuan in the intraday session.

However, the cumulative increase in the currency price that day was indeed too large. In the late trading, the currency price fell slightly, and finally closed at 8.81 yuan.

In the next two days on Thursday and Friday, the stock price of Maojian Co., Ltd. continued to rise slightly, and the stock price of Shencheng Heavy Machinery continued to fluctuate and rise, while the price of Bitcoin began to fluctuate sideways below 9 yuan.

After two consecutive days of adjustments, the trading volume of the Bitcoin market has shrunk again. During this period, although some people felt the danger of the high price of the currency and threw out their Bitcoins, more people still chose to continue to hold the currency. wait and see.

This volatile trend continued until Saturday, and the price of the currency remained oscillating back and forth between 8 yuan and 9 yuan throughout the day, but the trading volume was still shrinking.

Now the wind direction in the currency circle forum is very chaotic. Although most people hope that the currency price will rise higher and higher, but when they face the rising currency price, their worries are actually accumulating in their hearts.

When I saw the price of the currency rising, although I once forgot the risk for a short time, after the stagflation of the currency price and the rest on Sunday, this sentiment is actually gradually improving.

Although Zheng Xiaopang didn't know what Chen Fan was thinking about, whether he already had a complete promotion plan, even though Chen Fan had repeatedly said that he didn't think about it that much, and was just taking it one step at a time, but Chen Fan's words were still ambiguous. It was revealed to him that the rate of rise in currency prices will accelerate next week.

Now the two operating projects that Zheng Xiaopang is in charge of, Maojian Co., Ltd. and Shencheng Heavy Machinery, actually have no eye-catching trends. Maojian Co., Ltd. has started the trend of filling rights, and the closing price on Friday has stood at 49 yuan.

After all, it has been consolidating at 47 and 8 yuan for two days. Although Maojian shares cannot rise too fast, the speed cannot be slow. The previous upward trend must be maintained, and the channel must be maintained.

However, Shencheng Heavy Machinery is taking advantage of the trend to build positions. Now Zheng Xiaopang doesn't care whether the stock price is high or low, he just keeps accumulating funds according to the market price, as long as the daily buying cost is about the same as the average price throughout the day.

Of course, it is best if the purchase cost is lower than the average market price of the day. Who doesn’t want the stocks they buy to be cheaper?

On Monday, Zheng Xiaopang went to the stock trading room and made a simple arrangement. He decided that the stock price of Maojian could try to break through 50 yuan during the day, but it still had to close below 50 yuan.

As for Shencheng Heavy Machinery, of course, it is buying, buying, and buying. Now it is to build positions as much as possible, and trade without affecting the main operation of the day.

After Zheng Xiaopang finished explaining about the stocks, he ran back to the bitcoin trading room.

"How about it, why do you have to wash the dishes at a low position, just open and pull."

When Zheng Xiaopang came in, he saw that the price of Bitcoin was still fluctuating around 8.5 yuan, so he asked.

Last Saturday, after a week of tenacious rises, the final closing price of Bitcoin was 8.728 yuan, an increase of more than 100%. However, the market volume shrank significantly after the beginning of the week and the weekend, showing that the pressure here is not great. The profit did not come out either.

But that's not important, what's important is that the uptrend will restart again today, otherwise Zheng Xiaopang wouldn't come here eagerly.

"The price of the currency went up when the market closed last Saturday, and it fluctuated and fell after the market opened today. It's a normal trend."

Chen Fan responded with a smile, "After I came here today, I heard that some people in the forum were worried that the price of Bitcoin was in place again yesterday. It's true, people nowadays, if they don't see the price of Bitcoin rising for a day, they worry about whether it has reached the peak. Discuss it in a serious manner in the forum."

"Really, let me see, Chaoyang, which website are those discussion posts on?"

After hearing this, Zheng Xiaopang asked Xie Chaoyang, he also wanted to see what current bitcoin enthusiasts think about the current currency price.

After getting the names of the websites, Zheng Xiaopang went directly to these websites and checked the posts.

Zheng Xiaopang's browsing speed is quite fast, and there are not many similar posts, and he finished reading it quickly, but Zheng Xiaopang didn't stop there, but continued to browse other posts, anyway, he listened to Chen Fan's It means that the currency price will not be pulled up at this moment.

More than half an hour later, Zheng Xiaopang smacked his lips after browsing through the main forums in the currency circle and said: "The quality of the current players is really not good. Most of the posts now no longer discuss technology, but discuss prices. .”

"That's not what you brought up in the first place."

Chen Fan said to him with a smile on the corner of his mouth.

"But I didn't expect them to be so snobbish and forget the original intention of entering the Bitcoin circle so quickly. I saw that most of the posts were still discussing money. I also searched just now, and most of the posts were also focused on discussing Bitcoin. coin price."

As he said that, Zheng Xiaopang shook his head subconsciously, "We were so innocent when we first entered the currency circle, because the blockchain technology was very innovative, but look at the current people."

During this period of time, the price of Bitcoin has dropped from 8.5 yuan when Zheng Xiaopang came in to around 8.3 yuan, and now it is starting a round of rebound, but there are not many purchase orders, and the rise is weak.

After a difficult rise for a while, the currency price returned to 8.372 yuan.

"I bought everything that should be bought, and now it can't rise anymore. It seems that it is really not suitable for selling."

At this time, Zheng Xiaopang's attention has returned to the bitcoin market, and he analyzed it after concentrating on it for a while.

"I didn't intend to raise the price this morning. I guess some quick-minded people are looking for a high point and want to sell some coins at the moment."

Chen Fan nodded and said.

"Launch in the afternoon? Work till night?"

With the operation last Wednesday, Zheng Xiaopang unconsciously thought of the rising trend of that day, and he continued to push up from more than 6 yuan to 9 yuan before stopping.

"Basically, this is the idea. In fact, it is better to give the market some rules. At least more people can know when the main trading stage of the market is."

Chen Fan laughed.

In the next two hours, the Bitcoin market continued to decline. Although there were several small rebounds in the intraday market, the strength was obviously much weaker than last week’s shock trend. The analysis in the weekend currency circle forum was still effective. Yes, many people's concerns have indeed been raised.

Although it was not Chen Fan who asked people to post such posts worrying about the peak of the market, in Chen Fan's view, it didn't seem to be a bad thing. At least this morning, he kept asking Xie Chaoyang and the others to buy these panic orders in small orders. Let's reduce a little pressure when the subsequent pull-up market starts.

When the market closed at noon, the latest price of Bitcoin was 8.325 yuan, and there were few buy orders below, but there were not many active selling orders, and the price of the currency could still be maintained.

After lunch, Chen Fan and Zheng Xiaopang returned to the trading room. Looking at the currency price that was still consolidating at a low level, they didn't ask for the price of Bitcoin to be raised immediately, but sat with Zheng Xiaopang and looked at the forum in the post.

Interestingly, people who speculate in stocks watch the latest stock review programs and analyze reports through newspapers, TV, and the Internet every day to understand market changes and help them make investment decisions.

And when it comes to the Bitcoin market, because not many people pay attention to this thing at all, it is completely nonsense to want to have comments and analyzes like stock reviews spread through many media.

However, in the forum, there are still many players who enjoy it. No matter what they say is right or wrong, they always like to post and follow up on the forum to express their views on the price of Bitcoin.

Therefore, in the currency circle forum, the posts are roughly divided into these categories.

Most of them are actually discussing the currency price, regardless of whether what people say is right or not, anyway, it is just rambling and analyzing, and there will be countless follow-up posts later.

The second place is technical posts, but although there are many such posts, there are not many discussion posts.

At the end of the list, there are still some players who adhere to the tradition and insist on offline transactions. They still use the earliest forum to trade bitcoins, because they feel that such transactions are more meaningful.

Every transaction will be recorded and certified in the block, and this is the biggest technological innovation of Bitcoin, which cannot be cheated.

Now, whether it is the Global Exchange or the Mt trading website, they have completely abandoned blockchain technology and traded Bitcoin as a financial tool, which deviates from the original intention of Bitcoin.

But as far as Chen Fan knows, although such posts still exist, transactions are getting rarer and rarer. After all, it is still troublesome, and there is already a safe transaction method, who will maintain the so-called tradition.

Chen Fan only browsed through the posts in several domestic forums, so it didn't take long, while Zheng Xiaopang was still reading foreign forums, and he seemed to be enjoying it by looking at his concentration.

"Is it so pretty?"

Chen Fan looked through the forum posts mainly to understand the psychological state of bitcoin players, not for playing.

But when he saw Zheng Xiaopang's appearance, he was very curious.

"Of course, you're screwed, I tell you."

Zheng Xiaopang turned back to Chen Fan and said with a smile: "Someone has already analyzed the period when the price of Bitcoin rose during this period, and the time when we raised it has been roughly guessed."

"what?"

Chen Fan was surprised. He didn't expect someone to analyze the time when he pushed up the currency price.

"Look, the time they mentioned is actually from the afternoon to the evening of our time here. The push up in the evening is relatively small and the strength is not strong. The main rising stage is from 3 to 5 in the afternoon."

Zheng Xiaopang pointed to a paragraph of text on the computer screen and said, "Also, based on this point in time, people also judged that the funds for the operation probably came from Huaguo."

"Is there no one else talking about it? Hua is not the only country in East Asia that is so rich, is it? Island countries are also here."

Chen Fan frowned and said, "There are also surrounding countries, which are actually quite rich. A few local tyrants, with the current market value of Bitcoin, are actually easy to deal with."

"Yes, there are some people who say that it may be the players on the European side, because now it seems that the promotion effect of Bitcoin is doing well on the European side. There are several newspapers that publish news about Bitcoin every week, so Some people also suspect that European funds are operating."

Zheng Xiaopang continued to laugh, but then looked at Chen Fan with a little worry, "Do you think we should adjust the operation time and start operation in the morning?"

"It's not necessary. If they want to guess, let them guess. Look at gold, foreign exchange, etc., don't they all have the main market in the afternoon or evening? No one said it was not."

Chen Fan shook his head and said, "It's good to form a routine in this way. Finally, there is an Asian trading time. From now on, the price of Bitcoin will be based on the Asian trading time, haha."

"It's almost 2 o'clock, when do you plan to do it?"

Zheng Xiaopang continued to ask, "I ran over eagerly to take a look, but you showed me this and just lay down on the bottom. Why don't I go back to the next door to have a look."

Chen Fan looked at the handicap, "It's about the same. Those who want to sell may have put up their orders. It's time to warm up."

"Then let's get started. Breaking through 10 yuan today, I see a few posts betting that the price of the coin will not exceed 10 yuan. It's the post that was just posted today. Let's go straight up."

Zheng Xiaopang remembered the two posts he saw earlier, and was betting on where the price of the currency would be high.

Obviously, the people who posted those two posts should have sold their bitcoins around here, or at least sold most of them, so they posted such remarks in the forum, probably to attract more people to learn from them Look, throw the coins in your hand and put pressure on the market.

If it is a market without financial support, the mentality of investors will determine the rise and fall of prices.

Now that the price of Bitcoin has been rising all the way up, it has not undergone a major wash, and along the way, almost everyone has made money, so their mentality is naturally more impetuous. Many posters can also see it from their remarks. It's ego and arrogance.

"Someone said that?"

Chen Fan blinked when he heard the words, "What does this mean? Is it to stimulate us to increase the price of the currency or is it really literal?"

At this time, Chen Fan didn't ask Zheng Xiaopang to turn over the original post, because he couldn't understand it, so he could only ask Zheng Xiaopang for his judgment.

"Of course it's literally. My understanding is that this kid may not have many coins."

Zheng Xiaopang laughed dryly when he said this, "Let's squeeze the air, fuck you to death."

Chen Fan turned his head and looked at the constantly changing market on the screen, "Chaoyang, pull the currency price to 8 yuan, pull the price to 5 yuan after 2 o'clock, and break through 8 yuan at 8 o'clock."

At this point in time, it is only ten minutes away from 2 o'clock, but fortunately, the current currency price is not much different from the 8.5 yuan that Chen Fan said, and the difference of 2 cents can easily go up.

With the entry of buy orders, the price trend line of Bitcoin ended the downward trend for more than an hour and began to rise.

In the morning, there were buy orders entering the market from time to time to buy bottoms, but the strength was getting weaker and weaker. Therefore, after the opening of the market at noon, the purchase orders entering the market were still further reduced, resulting in the currency price being suppressed at a low point for more than an hour. Can't move.

In fact, it can also be seen that with continuous adjustments, the popularity of the market has indeed lost quite a lot.

However, after Xie Chaoyang and Rao Yichen made their move, those sensitive investors in the market noticed it immediately, because their bills were so easy to identify.

Perhaps, it was hard to say at the beginning, but after a short while, seeing those paying the bills that entered the market continuously, they gradually understood, and the main force made a move.

(End of this chapter)