Liquid Capital founder Yili Hua pointed out in his latest article that although the rebound in the crypto market continues, the overall market performance still appears weak compared to the S&P index reaching new highs and MicroStrategy's ongoing accumulation. This indicates characteristics of a bear market rebound.
He mentioned that MicroStrategy's aggressive financing strategy to continuously purchase Bitcoin may yield certain short-term effects, but in the medium term, as macro financial risks intensify, this strategy could face uncertainties. Nevertheless, he believes that the market does not need to be overly pessimistic, as opportunities often emerge during bear market phases.