There is One New Rule Every Month Globally-Chapter 675 - 409 Chief Li._4
Chapter 675 -409: “Chief Li.”_4
Chapter 675 -409: “Chief Li.”_4
“Really?”
Tuberculosis Rabbit looked pensively at the price trend, which had now reached 430 Points. Indeed, just as Yi had said, the increase in price had slowed down considerably.
It had been over ten minutes, and it had only risen by 3 Points.
This was nothing like the nearly tenfold surge in the first few minutes after the announcement.
Then, the price gradually climbed to 447 Points.
It stopped there, and the curve flattened into a straight line, with occasional minor fluctuations. After stagnating for over ten minutes, the price even started to slip.
445 Points.
440 Points.
When it fell below 440 Points, the upward trend suddenly accelerated downward—425, 420, 415, quickly dropping to 410 Points.
“What’s going on?”
Tuberculosis Rabbit was confused; he couldn’t understand why the price was falling. The mood had been so optimistic; why was there suddenly a trend toward collapse?
“Because the last crash happened around 450 Points.”
Chen Yi, lying on a beach chair, lit a cigarette before speaking, “This means that market expectations are still cautious. Many players, after calculating their profits, sold their shares before they reached 450 Points.”
“To avoid getting trapped in a crash.”
“450 is a hurdle.”
“With these players selling, the price started to fall, and those who were already worrying and barely holding on panicked, selling off in haste. Hence, the downtrend accelerated.”
“But as soon as the price breaks through the 450-Point barrier, market expectations will soar, and that means the price will start rising quickly.”
“Is that so?”
Tuberculosis Rabbit pondered, “On Blue Star, indeed, some things of little value can be hyped to high prices with consensus, but at least those things are limited editions with controlled output. However, isn’t this E-class Prop Chest not that rare, with a large quantity produced every day? With such high output, can the price really be driven up?”
“Yes.”
Chen Yi nodded, “Even now, isn’t the price quite high? But it won’t last long. Everyone’s just testing the waters now, probing the emotions of those around them. As soon as there’s even a slight drop in price, they’ll all rush to sell.”
“It’s only good for a short-term play.”
“Now the price is already at 412. It all depends on whether ‘Prop’ dealers will enter the market and drive the price above 450. If they do, the price can continue to rise. If not, it might crash again.”
Upon hearing this, Tuberculosis Rabbit’s eyes suddenly lit up, “Shall we enter the market then?”
“Don’t.”
Chen Yi firmly shook his head, “After all, we’re not professionals. We only have some theoretical knowledge. Although we have more Points than before, protecting the market requires substantial funds. If we get trapped, it’d be quite the spectacle.”
Actually, defending the market is quite simple.
All it takes is a large amount of capital to start buying up from the lowest price bracket.
As long as the selling is timely and the selling price is higher than the buying price, it’s profitable.
But…
The market sentiment is too fragile.
This market is clearly the kind that could crash at any moment. Everyone is extremely sensitive, ready to flee at the slightest disturbance, and I don’t want to commit funds only to fail to defend the market and end up catching the falling knife.
Although if successful, I could earn even more, the loss could be total if it went wrong.
Right now, I have over a hundred billion Points. If those Points double, it wouldn’t mean much to me. There’s little difference between having a hundred billion or two hundred billion Points on hand.
But if I lose all these Points in a market crash, the impact on me would be significant.
I would be left unable to do anything in an instant.
To earn another hundred billion Points—it’s not a simple task.
Just then—
“Hmm…”
Chen Yi’s eyelids twitched as he noticed the price suddenly and strangely rising against the market trend. The lowest price bracket was swept clean in an instant, and continuous large transactions kept appearing in the trading records.
“Hey.”
Seeing this, Chen Yi grinned, “Look, the ‘Prop’ dealers couldn’t help themselves and intervened again, obviously hoping to make a bit more.”
Obviously.
The ‘Prop’ dealer had also realized that as long as the price was pushed above 450 Points, the price could surge again.
…
“Chief Li.”
Inside Awesome Starfield.
Li Yi stood in his study with an ashen face, while the latest trend chart of the E-class Prop Chest price was projected on the wall. A man beside him was reporting in a low voice.
“As per your instructions, our funds have entered the market and started buying up. The downtrend has been halted.”
“But so far, only our funds are sweeping the market. We have not detected any other funds doing so. 400 billion of our funds have already gone in. Shall we continue to push?”
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