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Yi Lihua: The current rebound in the cryptocurrency market is relatively weak, showing characteristics of a bear market rebound.

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ME News Message: On April 22 (UTC+8), Liquid Capital (formerly LD Capital) founder Yi Lihua recently said that the crypto market rebound is still ongoing, but compared with the US stock S&P reaching new highs and MicroStrategy’s continued large-scale purchases, the overall rebound in the Bitcoin market is relatively weaker, showing clear signs of a bear-market rebound. He added that the team has recently focused on analyzing MicroStrategy’s risks and believes that its aggressive financing approach to buying coins may work in the short term, but mid-term risks still remain—especially when macro financial risks suddenly surface. Jack Yi also mentioned that the team is currently preparing for possible major opportunities, emphasizing that opportunities in the crypto space often arise during bear markets. (Source: MLion)
BTC-0.32%
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