Warning ⚠️ Do not go all in, wait for MicroStrategy's direction!
1. MicroStrategy's publicly available information shows that its average holding price for Bitcoin is around $67,000. At the current price, it only has about 14% profit. If the price continues to drop, it will force MicroStrategy to sell Bitcoin, and at that time, the price of Bitcoin may even fall below $50,000. They may first sell some at a high price, and the remaining will directly flood the market.
2. The current situation is a rebound market. The tariffs between China and the U.S. have already reached a point where adding more tariffs is just a meaningless game of words. The impact of tariffs on stocks and cryptocurrencies is not as significant anymore. Measures have been taken where necessary, and now we are just waiting to see if there are any companies like MicroStrategy that will step in to buy Bitcoin. It is reported that a company in Japan has been increasing its holdings recently.
3. Currently, there are opportunities in both directions, though both directions carry risks. However, right now, the risk of shorting appears to be much greater than the risk of going long.