Foreign media: According to a comment by CNBC, bitcoin ' s continued fall in recent months is exacerbating the market ' s concern about the further exploitation of encrypted assets. In this context, the article argues, Strategy, which holds a large amount of bitcoin convertible, is once again one of the main objects of the empty trade.
Bitcoin's falling.
It is mentioned that Bitcoin has been weak for months and that several technical indicators remain empty. The author also compared the fall to the depth of the historical retreat, suggesting that bitcoin might face a larger fall if the market were to be sold more sharply.
At the same time, the article notes that the wheel is weak and does not appear only in the encryption market. Inflation hedges such as gold and silver have also fallen long-term averages in the recent past, and some industrial metals have similarly weakened, indicating a risk preference for overall stress.
Strategy to empty expression
As Strategy ' s share price is highly related to the price of bitcoin, the article argues that there may be a greater risk of rebound if it is directly made of empty bitcoin or high-volatile encryption concepts. Therefore, rather than being naked, authors prefer to use Strategy as a tool to express empty views and to control retreats through a defined-risk option structure.
The text gives an example of a set of price differentials that look at the direction of the drop, with Strategy weekly options. As set by the author, the seller retains the full amount of the right as long as the share price falls below the lower enforcement price; if the share price rises significantly to the higher enforcement price, the loss is also limited to the default.
The article claims to control downside risk.
The core of this comment is not to judge when Bitcoin will come to its bottom, but to emphasize the risk of continuing to bet on unilateral empty space during the fall, especially in the case of a rapid rebound that is common in the encrypted market. In the author ' s view, it would be more appropriate to use a clear portfolio of options for risk caps if there was still a desire to maintain a lopsided position.
The article as a whole reflects that the market is reassessing the value of the transactions of listed companies with which it is highly bound at a time when Bitcoin is vulnerable. Strategy, because it is open for bitcoin, is still considered to be one of the amplifiers of changes in mood in the encrypted market.