TechFlow News, April 22: Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated that the current cryptocurrency market rally is still ongoing. However, compared to the U.S. stock market’s S&P 500 reaching new highs and MicroStrategy’s sustained aggressive buying, Bitcoin’s current rally appears relatively weak overall—exhibiting clear characteristics of a bear-market rally. He noted that his team has recently focused on analyzing MicroStrategy’s risks, observing that its strategy of aggressively raising funds to continuously purchase Bitcoin may be effective in the short term but poses medium-term risks—especially amid broader macro-financial risks. JackYi also indicated that the team is preparing for potentially significant opportunities, adding that major opportunities in the crypto space often emerge during bear markets.
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