SpaceX receives an investment-grade rating in the US stock market, with $20 billion in bonds ready to hit the market.


I actually see this as a signal in the crypto world, tossing and turning overnight, watching the charts, and in the end, I couldn't resist opening a position.

Before bed, I saw the news and opened a $BTC short position with my eyes closed, 7x leverage, entry price at 66,488.
Just now I checked, the price dropped to 63,444, with an unrealized profit of about $59, and a return of 32%.

It's not that kind of feeling of getting rich overnight, but during this sideways phase, being able to catch such a move makes my hands tremble.

Actually, I didn't think much at the time. Seeing such a big-name company like SpaceX issuing bonds, still at the $20 billion level, my first reaction was that liquidity would be drained to some extent.

The capital market only has so much money; the big players get the first slice, and retail investors and hot money's appetite is naturally squeezed.
Plus, $BTC had been hovering at high levels for a few days, with a huge long position pile-up, so I bet on a pullback, and sure enough, a dip came.

I've learned my lesson this round, didn't dare to use high leverage, and didn't chase the rally at that time.
In the past, when faced with such macro news, I would rush in to chase longs immediately, only to get liquidated back and forth.

Now I understand that when big funds are looking for cheap chips, they won't bother to explain themselves.
7x leverage, lighter positions, keeping a calm mindset—making profits without hurting yourself, just taking the market's reward as a meal.

What do you think? Will this round of SpaceX financing squeeze liquidity in the crypto market? Or is the bull market just beginning?

Share your thoughts in the comments.

With SpaceX's investment-grade rating landing and $20 billion bonds about to be issued, such a level of financing will directly drain existing funds on Wall Street.
Short-term liquidity for $BTC and altcoins will definitely be compressed, and at least in the derivatives market, the long-short battle will become easier for large orders to manipulate.
#我的Gate交易时刻 #STRC跌破面值11%创上市新低 #预测世界杯德国VS科特迪瓦
BTC1.66%
View Original
post-image
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned