Last night's Fed meeting turned panic from neutral to panic again

At the Fed meeting last night, the Fed Chairman said that Russia's invasion of Ukraine has brought great uncertainty to the financial market, but he still believes that a 25 basis point rate hike in March is appropriate. According to the Fed's observations, the probability of a 25 basis point rate hike in March is over 99%, and the probability of a 50 basis point rate hike and no rate hike are both close to 0, so this is basically within expectations. Compared with previous meetings, this meeting did not overly emphasize the tightening view, but just repeated what was said before step by step. Therefore, this will give the US stock market a buffer space, and the selling pressure from risky assets in March will be reduced, which is conducive to the continued recovery of the market.

The number of organizations that have joined the sanctions against Russia has further increased. Crude oil prices have soared all the way, reaching a new high since 2008. The rise in oil prices will cause our cost of living to increase sharply, and continued inflation may become the norm. This means that we should allocate a large amount of assets to anti-inflation varieties, otherwise they will be ruthlessly diluted in troubled times. The bull market of Bitcoin will go even further because more and more people will see the anti-inflation properties of Bitcoin. At the same time, Bitcoin also has the property of helping Russia evade sanctions from Europe and the United States. The madman believes that by the end of the old month, it will be a high probability event for Bitcoin to reach 50,000. The world is changing ruthlessly. We can only adapt and understand it. If you understand the logic of Bitcoin's anti-inflation + war benefits, I believe you can hold your position firmly now. Don't forget that those Russian businessmen who are sanctioned by various countries around the world have only the path of cryptocurrency, which will allow them to escape sanctions at the lowest cost. The continued entry in the future is a helpless path.

Oracle, the world's largest software company, has suspended all operations in Russia, which will deal a heavy blow to many Russian companies; the hacker group Anonymous encouraged Russian soldiers to donate tanks in exchange for Bitcoin rewards; South Korean exchanges supported Ukraine and began freezing Russian accounts and stopped providing services to Russians. This catastrophe in Russia is far from over, and it is difficult for us to predict what the future will be like. Allocating your own assets is the only correct choice at the moment.

U.S. Treasury Secretary Yellen said that the Treasury Department will monitor the channels for Russia to evade sanctions through cryptocurrencies, and this area will be the focus of attention. Federal Reserve Chairman Powell also mentioned that cryptocurrencies are a means of evading sanctions and are intolerable. French Finance Minister Le Maire believes that the sanctions against Russia should include cryptocurrencies, which is also the consensus of EU leaders. Important leaders in Europe and the United States have seen the loopholes in cryptocurrencies. They want to regulate and crack down, but to no avail. They can only find ways to threaten companies or individuals who provide channels to evade sanctions. This is the nature of cryptocurrency itself. The regulators wield the regulatory stick. Every time they try their best to regulate, they can only hit a piece of cotton, without any ripples, and will eventually be submerged by a piece of cotton, which will contribute to the height of the cotton floor.

Japanese financial giant Nomura Holdings will set up a cryptocurrency division to focus on increasing the adoption of digital assets and providing services to customers. The company manages $641 billion in assets and will bring huge growth to the cryptocurrency circle.

The founder of Grayscale's parent company DCG announced that it has started to buy back $250 million of trust products, of which GBTC has the largest amount, up to $200 million, followed by $30 million of Litecoin Trust, and $10 million of ZEC and ZEN Trust. He thinks Bitcoin looks good at this position and is buying. Grayscale has not made any moves for a long time, and this time it must have smelled the smell of money and rushed in again. I hope they are right.

LoCorr Funds and Arrow Funds are indirectly providing investors with Bitcoin investment exposure by running macro strategy products. Both companies are not very large, but they are indeed a microcosm of global fund companies.

Panic 39, turned from neutral to panic again.

Coin News:

Bitcoin: In the past 24 hours, the trading volume of Bitcoin has dropped significantly, nearly halving, indicating that the market demand and supply are gradually stabilizing. At this time, one party often suddenly exerts force, and then the market changes. Judging from the current global tensions, the probability of positive news stimulation is greater than negative news, and the trend is still in an upward trend. Therefore, after a few days of consolidation, it is still highly likely that it will continue to rise.

ETH: 4,869 coins were destroyed in 24 hours, which is 10,000 less than the craziest time before. It is difficult to have an independent market in the short term, and the market will mainly be linked.

SOL: Binance IE0 has created a blockchain version of Fun Walk on SOL. Simply put, walking is mining. Initially, you need to buy a pair of shoes with SOL, and then start your journey of walking to earn gold. In addition, the recent rebound of SOL is not large, and there is a chance of a rebound, which is worth paying attention to.

DYDX: The Apple version of the APP is going to be launched, and the Android version will be launched simultaneously after future testing. With the APP, the trading volume will most likely increase. In the short term, we still expect an oversold rebound.

KAVA: Proposal No. 78 was passed, raising the minimum staking inflation rate from 20% to 100%, increasing the community funding pool for developer incentive programs. This move will reduce the market supply and have the opportunity to drive a short-term rebound.

Russia and Ukraine may hold talks tonight, so the uncertainty is still relatively large. Everyone should do a good job of risk control to prevent large fluctuations from washing out the chips. Last night, the market easily went up and down by two thousand dollars, and a double explosion of long and short positions could happen at any time.