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

On April 22, Yili Hua, founder of Liquid Capital (formerly LD Capital), stated, “The rebound is continuing as expected, and everyone is discussing the rebound point. We can only take it step by step. In comparison to the new highs of the S&P 500, the current rebound in the cryptocurrency market appears relatively weak, clearly showing characteristics of a rebound within a bear market. Over the past few days, I have particularly studied the risks associated with MicroStrategy. Its aggressive financing and coin-buying methods seem effective in the short term, but there may be risks in the mid-term, especially during times of macro-financial risk. We are always preparing for a potential big 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 simply times to enter happily, often resulting in losses.”