The market is all about shouting and acting to cooperate, and the whole line of risk avoidance is withdrawn
In the early hours of this morning, Beijing time, on January 8, local time in the United States, US President Trump announced at the White House that Iran's attack on US military bases did not cause any casualties, and the damage to related military facilities was not serious. Trump said that after the attack, Iran has "shown weakness", which is good news for all parties and "very good news" for the world. Trump said that the United States will immediately take new economic sanctions against Iran. If Iran does not change its behavior, these strong economic sanctions will continue. The U.S. government is still evaluating whether to take other measures to respond to the Iranian attack.
Earlier, Iranian Foreign Minister Javad Zarif issued a statement saying that Iran "takes appropriate self-defense measures in accordance with Article 51 of the United Nations Charter" and targeted bases that launched attacks on Iranian citizens and high-level officials. We do not want to escalate the conflict or start a war, but will defend ourselves against any aggression. The airstrike in the early hours of Wednesday had "ended" retaliation for last Friday's killing of Soleimani.
Speaker of the U.S. House of Representatives Nancy Pelosi also tweeted that after the attack on U.S. troops stationed in Iraq, she is closely monitoring the situation. We must ensure the safety of our military, including by the U.S. government stopping unnecessary provocations and demanding that Iran stop its violence. America and the world cannot afford war.
In addition, although Iran's semi-official Fars News Agency quoted Ali Shamkhani, chairman of the country's National Security Council, as saying yesterday that Iran is evaluating 13 retaliation plans against the United States, all rebels will retaliate against Soleimani's death. However, Iran's National Security Council later denied that Shamkhani had spoken to the media, according to Iranian state media.
Under the circumstance that the key figures on both sides and the media have thrown out the "main peace" remarks, the market believes that the US government will not take further military actions against Iran in the short term, and the tension between the United States and Iran has been greatly eased. There are still some variables in the long-term policy of the United States towards Iran, but the possibility of military conflict or war in the short term has been minimized.
Shaun Osborne, chief currency strategist at Scotiabank in Toronto, said Trump's speech was a big relief for the market. The market is worried about the risk of escalation. I'd be surprised if this was the full end of all of this, but the risk of a direct confrontation between the US and Iran doesn't seem that great.
Tan Huimin, chief investment strategist at BNP Paribas Wealth Management, said at a press conference that the situation in the Middle East has been tense from time to time. I believe this event will only have a short-term impact on the market and will not hinder the pace of global economic growth. Even if the situation in the Middle East deteriorates, central banks, including the Federal Reserve, can offset the negative impact on the economy by easing monetary policy. On the other hand, this year coincides with the U.S. election year. I believe the U.S. does not want the situation in the Middle East to get out of control and affect the election. If the market really believed that the "end of the world" was imminent, gold would continue to skyrocket, but this is clearly not the case. More and more people feel that Iran's retaliatory action is nothing more than that. After mutual retaliation, both sides have the motivation to control the situation. As a result, the gold price trend has almost completely reversed.
The latest analysis from Macquarie Bank points out that tensions have escalated in the Middle East before, but gold prices tend to fall back quickly after the initial shock of a major event. Take the Gulf War, 9/11 attacks and last year's attack on Saudi crude oil facilities as examples. Gold prices initially jumped, but all quickly corrected. Therefore, it is expected that the impact of this event on the financial market will most likely "stop here". Future market trends need to find new driving factors, and the pure risk aversion market has basically come to an end.
Today in Bitcoin History
1. On January 9, 2018, Telegram, which focuses on private and secure communication, plans to launch its own blockchain platform and local cryptocurrency to support its chat application and subsequent payments. "Telegram Open Network" (TON) will become a new "third generation" blockchain with superior capabilities after Bitcoin and Ethereum.
2. On January 9, 2018, Harvest Portfolios submitted a preliminary prospectus to regulators, hoping to become the first company to launch an ETF in the field of tracking blockchain technology. With a management fee of 0.65%, the Blockchain Technologies ETF provides services that replicate the blockchain technology index.
3. On January 9, 2018, without announcing to the public, CoinMarketCap excluded the data of Bithumb, Coinone and Korbi when calculating the market average data, which caused a commotion. This movement directly led to a broad decline in the cryptocurrency market, with a sharp drop in the total market capitalization of cryptocurrencies, including a nearly 30% drop in XRP.
4. On January 9, 2018, a screenshot of Xu Xiaoping calling for the embrace of the blockchain was widely circulated. He called on entrepreneurs to "understand blockchain, understand ICO, and enter the era of blockchain while building their own business", and said that they should "immediately mobilize all executives and employees to learn how to embrace this revolution." After the screenshots came out, the VC community was in an uproar. The "Godfather of Investment", known as the 20-year-old evergreen tree in the venture capital circle, raised his arms and quickly plunged the blockchain industry into a frenzy.
5. January 9, 2017. The current price of Bitcoin is 6200 yuan.
6. On January 9, 2014, the price of Bitcoin was between 4900 and 5100.
1.9 Market Analysis
Last night, the BTC contract once fell below the trend line support, and then quickly rebounded and pulled up to make a fake move to break through a new high. After a wave of lures, it quickly fell in volume, and once plummeted by 500 points. The current price is 7912, and the downward momentum has not been fully released. It is expected that there will be another bottom-finding process, and we will continue to observe the market outlook.
At present, the capital control is strong, and the short-term trend is hard to say. Everyone operates according to the intraday trend. If you are interested, you can discuss it together (vx:pzzz393)!
The investment journey is very long, especially when there is no direction. When we are watching the market, we discuss and discuss together, and many directions come out. How lonely it is to walk alone. There will always be so many people, and we will gather together , Deeply cultivating users in the C-end currency circle, covering the money in the pocket, earning money from the market!
