The Macro Background of 312 Event

Many people say that 312 was an event under a specific macro background. Let me tell you some of the key factors of 312 that have been around for a long time:

1. The world is in chaos due to the new coronavirus epidemic

2. US stocks circuit breaker 3 times

3. Negative crude oil prices

4.bitmex unplug the network cable

5. Buffett cuts airline stocks

6. Dow Jones fell nearly 40%

7. Bitcoin’s biggest drop of 60% for two consecutive days

8. On March 11, stock markets in nearly 11 countries experienced circuit breakers.

These factors caused the situation of 312, and it was not the callback pin that caused such a large float.

Just like the 9.4 incident, the current USDT emerged after the exchange was liquidated. The wheel of history moves forward steadily, we are all ants in the great era

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