——A financial massacre triggered by a speech
📉 US stocks: High diving, tech stocks everywhere in ruins
• S&P 500 plummeted 1.8% from its peak, Nasdaq 100 wiped out 2.3%
• Tesla + Nvidia evaporated over $100 billion in an hour, traders lament: "Where's my leverage? Where's my millions in leverage?!"
🌪️ Panic index VIX soaring, options market collapsed in an instant
• VIX surged to 23.8, Put options are being snapped up, volatility curve looks like a "ski jump"
• Group chat flooding: "December interest rate cut? Dream on for your spring!"
🏚️ US bond yields skyrocketed, mortgage market completely frozen
• The 2-year Treasury yield surged by 18bp, while the 10-year jumped by 15bp
• Mortgage rates broke 7.2%, and home purchase applications in the US plummeted by 16%
• Real estate stocks collectively collapsed: Lennar and D.R. Horton opened limit down
💸 The dominance of the dollar reappears, and all non-dollar currencies collapse
• The dollar index soared by 110 points in a single day
• The euro fell to 1.0820, and the offshore yuan broke 7.28 in an instant
• Gold plummeted by $130, triggering three circuit breakers; gold bugs are completely shattered
🩸 The crypto market is in chaos, and the bulls' leverage suffered a total defeat
• $1.2 billion liquidated in 30 minutes; Binance heatmap turned completely crimson
• The bulls in the group chat unified their exit line: “I’m going to accompany the top”
🔥 What exactly did Powell say?
He didn't mention 'interest rate cuts' at all, but instead used argon arc welding to weld the interest rate cut button to a 'higher for longer' interest rate policy. Market expectations shifted from 'soft landing frenzy' to 'hard landing survival' in an instant.
🎯 In summary:
Powell didn't come to speak last night; he came to hand out 'financial survival challenge' admission tickets to all traders.
Now, there is only one soul question left in the entire market:
“Will we still be alive by the day of interest rate cuts?”
Follow Chen Xi to navigate the 🅱️ circle#加密货币市场 #鲍威尔说了什么 #币圈 #BTC #ETH
