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Xing Ge on Crypto | July 8: Sudden Black Swan Dumps the Market — Hold Your Horses and Don’t Try to Bottom Fish!
Brothers, this is a major breaking event! The US-Iran conflict has suddenly escalated. Trump directly announced a ceasefire end, the US military destroyed more than 80 targets, and Iran retaliated by hitting 85 facilities—oil prices instantly surged to $75!
Money is going crazy as it flees from risk assets like US stocks and AI. BTC was hammered from $63 down to $61, and the Philadelphia Semiconductor Index plunged by 4.65%. This isn’t just a rate-hike narrative anymore—it’s a war narrative! In the face of war, all risk assets can only run first.
Xing Ge says this from the bottom of my heart: If it weren’t for this sudden cause, today’s market volatility actually still had a chance to move higher. But now that a black swan has smashed the market, the market logic has completely changed!
So right now, there’s only one strategy: cash is king—hold your hands and don’t bottom fish! Let the bullets fly a little longer. When the geopolitical situation becomes clear and oil prices stabilize, then we’ll set our direction!$BTC #美终止对伊朗石油制裁豁免