2026-03-13 06:37:22

Don't worry about Yi Lihua! A bull market return is impossible, it's impossible.

Comparing the S&P 500 and BTC, from last October to now, the trend is quite obvious.

First stage, BTC followed the stock market down.

Second stage, US stocks rebounded, BTC oscillated.

Third stage, US stocks couldn't push higher, BTC fell proactively.

Fourth stage, US stocks declined, BTC oscillated.

Even if US stocks go up, BTC may not necessarily follow. Not to mention US stocks are still in a downtrend channel, and it's uncertain if they've finished falling.

US stocks rise, BTC doesn't follow,
US stocks fall, BTC leads the way.

So, unless US stocks and the major trend finish falling, it will be difficult for BTC to see a significant uptrend. At most, it will just oscillate upward a bit. This kind of upward oscillation shouldn't be enough to liquidate Yi Lihua's short positions.

Of course, if the oscillation lasts a long time, grinding the funding rate is another matter.

BTC3,01%

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