Yili Hua: Current Cryptocurrency Market is in a Bear Market Rally, Mid-term Risks for Strategy

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On April 22, Yili Hua, founder of Liquid Capital (formerly LD Capital), stated that the rally is continuing as expected, and discussions about the rally point are ongoing. This situation requires a step-by-step approach. Compared to the recent highs of the S&P 500 and the strong buy signals from MicroStrategy, the current rally in the cryptocurrency market appears relatively weak, clearly exhibiting characteristics of a bear market rebound. In recent days, I have particularly studied the risks associated with MicroStrategy. Its aggressive financing and cryptocurrency purchasing strategy may be effective in the short term, but could pose risks in the mid-term, especially during times of macroeconomic financial risks. We must always be prepared for a potentially significant opportunity. There is no need to be pessimistic about the cryptocurrency market; opportunities in this space have always existed during bear markets, while bull markets are characterized by happy entries and losses upon exit.

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