Tragic. Unbearably tragic. Although I closed my short position early, I can only watch the show now. Directly targeting Yi Lihua's position, the lower the price, the more he wants to sell, and the more he sells, the lower the price drops, creating a death spiral. Yi Lihua is not the biggest threat. MicroStrategy is. If MicroStrategy also triggers such a death spiral, where will Bitcoin go? Just thinking about it gives me chills.
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Tragic. Unbearably tragic. Although I closed my short position early, I can only watch the show now. Directly targeting Yi Lihua's position, the lower the price, the more he wants to sell, and the more he sells, the lower the price drops, creating a death spiral. Yi Lihua is not the biggest threat. MicroStrategy is. If MicroStrategy also triggers such a death spiral, where will Bitcoin go? Just thinking about it gives me chills.