易理华: Current rebound is weak, exhibiting characteristics of a bear market rally

Odaily Odaily reported that Yi Lihua, founder of Liquid Capital, stated that the current crypto market rebound continues, but overall performance remains weak against the backdrop of the S&P index hitting new highs and MicroStrategy's continuous buying, exhibiting characteristics of a rebound within a bear market.

He pointed out that MicroStrategy's aggressive financing approach to continuously purchase Bitcoin may be effective in the short term, but could face uncertainty in the medium term as macro-financial risks intensify. At the same time, he believes the market need not be pessimistic, as opportunities often emerge during bear market phases.