MicroStrategy selling BTC is a short-term bearish signal and a catalyst in a downtrend, but in my view, it’s actually a positive for MicroStrategy itself. At this point, any positive news MicroStrategy releases will be interpreted the same way, because the decline isn’t caused by someone calling a sell or a certain news trigger, or even today’s SPX plummet, but because it’s in a downward trend.

For me, I need to buy based on the trend and consider the risk-reward ratio. From the current price breaking below $60k, it might actually be a better place to set a stop-loss, while long-term bottom-fishing requires considering whether “BTC has returned to an uptrend” or has become sufficiently ignored.
Obviously, besides SPCX this month, there’s also the World Cup betting causing capital outflows, and then the SPX retracement, which could make tech stocks reappear as attractive golden opportunities. So bottom-fishing BTC is undoubtedly an unappetizing option.
Finally, STRC is also not worth bottom-fishing now. Will it return to the pegged price? I think a return to $100 is highly probable. MSTR has to pay interest when selling BTC, so how could STRC be unstable? Even in a liquidation, you can still get BTC. But with only about 10% upside, and a 10% correction in tech stocks, it becomes less attractive. #分享美股交易赢英伟达股票