Regarding the recent favorable policies of $BTC , I don't quite understand why big players like Liangxi dare to short Bitcoin. Even if you have a brief bearish outlook, you shouldn't short it.

On May 21, U.S. Treasury Secretary Yellen called for a strong development of digital currencies, Trump held a crypto dinner, and on the 27th, there will be a Bitcoin conference with participation from influential figures in cryptocurrency like Vance, MicroStrategy's CEO, and U.S. Congress members.

The accumulation of funds for BTC ETFs has reached a record high of $54 billion!

This is clearly very good news, so why short it?

P.S. James has closed his short position with a loss of $15 million.