Yi Li Hua: Waiting for Clarity on Iran Situation After Stop-Loss Trigger, This Year's Ultimate Buying Opportunity Will Be the Deepest Dip
On March 23, Li Hua, founder of Liquid Capital (formerly LD Capital), wrote in an article:
“The Middle East conflict has lasted longer than expected. While this doesn’t align with Trump’s style, oil prices have continued to rise amid the situation. The only strategy for all assets is to seek safe havens. Fortunately, we’re seeing a rebound—not a reversal. Once stop-losses are triggered, wait calmly for the situation to clarify.”
The entire crypto industry has seen steady liquidity contraction since the 1011 incident. The 1011 event wiped out the most active middle-class investors in crypto, while trading restrictions from major platforms have pushed market sentiment to a freezing point. The usual rebound after a sharp drop has vanished.
However, this extreme freeze will also create the biggest buying opportunity of the year—similar to when BTC fell to $16,000 in the last cycle. It makes no difference whether you buy the dip at $16k or $20k.
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US Stock Storage Concept Stocks Tumble Across the Board in Pre-market Trading, Continue Capital Reduces Long Position in MU by Over $3 Million
March 23rd — According to monitoring from HyperInsight, U.S. storage concept stocks are trading lower in pre-market hours. Micron Technology (MU) is down nearly 3.6%, while SanDisk (SNDK) has dropped over 2.6%. On the Hyperliquid platform, contracts for these two assets are currently priced at $407 and $693, respectively.
The largest long position holder for MU — an address linked to Continue Capital (0x3e3) — continued reducing its MU long positions today. The position size fell from $6.6 million to $2.9 million, with unrealized profit narrowing to $680,000 at an average entry price of $190.
Additionally, the largest long position holder for SNDK on Hyperliquid (address 0x6ba) has seen its unrealized profit pull back by roughly $200,000. The holder’s position size stands at $6.9 million, with an average entry price of $630.
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Institution: Market Strategists Unfazed by Middle East Conflict, Still Betting on European Stock Market Rebound
March 23 — A survey of institutional investors shows market strategists are bullish on European equities despite rising inflation concerns tied to the Iran conflict, expecting the region’s stocks to hit new all-time highs.
The median forecast from 16 analysts calls for the Euro Stoxx 600 to rise ~11% from last Friday’s close to 635 points by year-end. Strategists view the conflict and oil price surge as temporary factors that won’t derail the European economy’s accelerated growth.
Surveyed strategists have not cut their target levels for the benchmark index; UBS and Dekabank even raised theirs slightly. Dekabank, alongside HSBC, are the most bullish with a 670-point target — implying 17% upside. The two most bearish strategists, from TFS Derivatives and Bank of America (BofA), see ~2% downside risk.
(Source: FX678)
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The U.S. Attorney's Office suspects that SBF's appeal application letter was not sent by the individual themselves
March 23 (CoinDesk) — U.S. federal prosecutors told a judge Wednesday that a letter purportedly sent from jail by Sam Bankman-Fried was actually mailed via FedEx from another location, suggesting someone may have impersonated him externally to send the document.
The development adds new complexity to Bankman-Fried’s appeal following his conviction. The FTX founder — sentenced to 25 years in prison for fraud and conspiracy — is currently incarcerated at the Federal Correctional Institution (FCI) in San Pedro, California, and is seeking a retrial.
Prosecutors noted the suspicious letter was docketed March 16, but featured a return address in Palo Alto or Menlo Park, incorrectly labeled the federal prison as a state facility, and used a printed “/s/” instead of a genuine signature.
They also emphasized the U.S. Bureau of Prisons (BOP) bars inmates from sending mail via private couriers like FedEx. Given these irregularities, the prosecution says there is “reason to suspect” the l
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