Yi Lihua: The current rebound in the cryptocurrency market shows characteristics of a bear market; aggressive leveraged buying of cryptocurrencies using micro-strategies carries medium-term risks.

CoinFeed reported on April 22 that Jack Yi, founder of Liquid Capital, posted on the X platform: "The rebound continues as expected. Everyone is discussing the rebound point, but we can only take it one step at a time. In fact, compared to the new high of the S&P 500 in the US stock market and the strong buying of micro-strategies, the current rebound in the crypto market seems relatively weak, clearly showing the characteristics of a rebound in a bear market. I have been studying the risks of micro-strategies in the past two days. Currently, its aggressive method of financing and buying cryptocurrencies does seem to be effective in the short term, but there may be risks in the medium term, especially in the event of macroeconomic and financial risks. We are always preparing for a possible big opportunity. There is no need to be pessimistic about the crypto market. Opportunities in the crypto market have always been in bear markets. In bull markets, you enter happily and leave at a loss."