Is the enemy of the bulls the bears? No. Short-term high-leverage bulls are the biggest enemy of long-term low-leverage bulls; the more capital they have, the greater the harm. When they profit, they take profits from the market value. If they are liquidated, it will cause a death spiral in a bear market, dragging down other high-leverage bulls. High-leverage institutions also have publicly disclosed liquidation prices, and the high concentration of shares they openly accumulate will also damage the shareholding structure. Conversely, short-term high-leverage bears are the best friends of long-term low-leverage bulls. When they are liquidated, they leave their money behind—that's true building! 🤣 At this point, we should still give a shout-out to Michael Saylor. MSTR avoided almost all the key strategic problems that could be avoided. So many people wanted him dead; if he had made one wrong move, he would have been finished long ago. MSTR buys spot, so there's no liquidation price. They've reserved enough funds to pay interest and survive the bear market for the next few years, and then just wait for the inevitable inflation to continue accelerating. Joking aside, we should still thank those who actually use their money to pump and dump. #Cognitive Advantage