Tesla deploys Bitcoin as an asset or takes Bitcoin to a new stage

Yesterday, Musk’s behavior of calling for a single bitcoin caused a storm in the currency circle. Bitcoin rose by 20%, driving other currencies to continue to rise. The current total market value of the cryptocurrency market has exceeded 1.4 trillion US dollars, only The market value of Bitcoin has reached 880 billion US dollars, which is not far from the 1 trillion US dollar mark.

It is worth noting that many people attribute the rise of Bitcoin to Tesla being able to pay with Bitcoin next, but the more attractive factor in Tesla's earnings report and the more important factor in promoting the rise of the currency price is this paragraph "We A total of $1.5 billion has been invested in Bitcoin and may acquire and hold digital assets from time to time or on a long-term basis. In addition, we expect to begin accepting Bitcoin as a payment method for our products in the near future, subject to applicable laws.”

According to Tesla's SEC filings, Tesla held about $1.9 billion in cash and its equivalents at the end of 2020, and in January 2021, Tesla invested $1.5 billion of it in bitcoin coins, accounting for 7.7% of the cash held.

Why is this sentence important, because Tesla converted 1.5 billion US dollars of company funds into Bitcoin, that is, this part of Bitcoin is used as the company's asset allocation, which is different from the meaning of Musk's direct purchase. Musk can buy it himself It is a personal preference, but a giant company like Tesla uses Bitcoin as an asset allocation, which shows that the decision was made after the evaluation of the company's professional risk control agency.

那么这样的“顶级巨头”公司将比特币作为资产配置，其他公司呢？这不再是金融机构的问题。目前是特斯拉。未来，谷歌、FB、苹果等科技巨头以及其他非金融机构可能会将其作为资产配置。特斯拉无疑是目前的领先者。他张开嘴。而且，与苹果这样的公司相比，特斯拉也不错。苹果市值超过2.2万亿美元，成为全球市值最高的公司，手头约有2000亿。美元现金，足以购买流通中所有比特币的 25%。

Beyond that, how many people in the world are using iPhones? If Apple pay is used with cryptocurrency payment, then cryptocurrency will probably officially become a product that we can see in our "everyday life", but it is still too early to say this, but we can look forward to Tesla cars. Enabling cryptocurrency payments in the app store.

Yesterday's sharp rise in the price of the currency also verified what we said before. Now the effect of Musk's words has gradually become smaller after a few times. If you want to call out orders, just like Grayscale and Twitter, people will After all, the CEO did not delay buying coins, and Musk had to announce his position to shock the market, and Tesla’s earnings report released yesterday obviously gave the market a surprise.

为什么市场反应如此强烈？一天涨了8000美元也是一个非常耀眼的记录。毫不夸张地说，特斯拉的行为极有可能取代比特币进入一个新的发展时代，一个不仅是零售交易和机构货币囤积的时代，而且是作为一家正常公司进行资产配置的时代，尽管该公司之前已经运营过。，但与特斯拉的影响力相比比特币和特斯拉什么关系，根本不值一提。大公司和基金机构很有可能会开始默默买入比特币，让我们拭目以待。

回归市场，今日开盘后行情持续震荡，显示在45500美元附近后退，随后快速上涨，最高点突破48000美元，似乎距离距离只有不到5% 50,000 美元。

从日线来看，昨天的大阳线基本把市场带到了另一个层次，主要体现在两个方面。一是突破前期高点，也就是历史高点。二是打开Boll通道的向上开口。双重效应最直接的体现就是进一步打开上行通道。

这样的市场做空也就不足为奇了。昨天我们的文章采取了比较保守的策略，就是获利了结一些仓位，高位留了一些仓位。但实际上，当市场接近 4000 美元时，卖空者远多于多头者，这从昨天的清算数据中可以看出。

The amount of liquidation within 24 hours is close to 1.3 billion US dollars, and the number of liquidated positions on the entire network has reached nearly 120,000, and it can be seen that the main currency of liquidation is Bitcoin, which exceeds US $1 billion. Regarding this point, we It is still important to remind you that whether it is safe to hold the money or hold the currency to rise, you must not make an order against the trend. It is absolutely not denied that the market will have a chance to fall, but it will still explode before your position explodes. After it's gone is the key.

今晚货币价格仍有上涨的机会。毕竟，特斯拉昨天的 15 亿美元仍然可以带动市场的热情。无论是公司还是散户，公司都无需多说，特斯拉就等于撕了一个洞。，但一些散户更值得期待。毕竟比特币和特斯拉什么关系，特斯拉和马斯克还有一些狂热的支持者，这从特斯拉的股价就可以看出来。

But at such a high position, it is still not recommended for everyone to chase it now. Today is only Tuesday, and the weekly line is already close to a 20% increase. At most, it will rise for a day or two and wait for the second half of the week to usher in a short counterattack. Moreover, for many people, chasing Bitcoin now is actually expensive and the effect of making money is not high. If it is a contract, the risk is too great. It is recommended to wait for a callback.

Mainstream currency: ETH’s increase was close to 8% yesterday, and its performance was okay, but it can be clearly seen that it was driven by the rise of Bitcoin, which has little to do with itself. Even so, the highest currency price was close to $1,800.

In other respects, LTC performed quite well. It also rose by 10% yesterday, breaking through $170 at the highest point, while BCH once broke through $500 when it continued to soar today, which is a typical follow-up trend.

In terms of mainstream currency, let’s take a look at the situation of Bitcoin. If it remains high and volatile, then the mainstream currency can focus on it. If the profit-making effect of Bitcoin is not high, some funds in the circle may flow to the mainstream that has not been fully released. currency.

Platform currency: The performance of platform currency in the past two days is also very good, especially BNB. The opening price last week was 44 US dollars, and the closing price so far this week has reached 97 US dollars. The currency price has doubled, and it is in within 10 days.

The performance of HT is also not bad. It has increased by more than 60% since late February, and it is currently close to 10 US dollars. The factors of HT and BNB’s increase are actually similar, mainly because the public chain is doing very well. In contrast, OKex The public chain of the company is relatively unsatisfactory, so the performance of the currency price is also relatively average.

DeFi: DeFi concept coins are relatively general in the past two days, only a few coins are more prominent, and coins such as the previous leading Uni and AAVE appear to be relatively sluggish. In fact, this is not surprising. The funds of the day may appear on Binance, HECO and mainstream currencies. Due to the limited funds, not all currencies can rise at the same time, and there are still differences between sectors at different times.

DOT: The lowest level of DOT's callback the day before yesterday was almost $18.5, which means that it just stepped back on the upper track of the previous range of $14-19, and after confirming that the support was effective, it rose by 16% in a single day yesterday. I also touched $24, but it seems that there are more than 10 million DOT unlocked in DOT this week, so you need to be vigilant at that time.