K33 Research： Concerns about recession trigger market risk aversion, leading to a tendency to layout at the current stage

According to BlockBeats, on March 11th, K33 Research stated that "recession concerns have triggered large-scale hedging, with the Nasdaq 100 and S&P 500 indices falling back to their levels in September last year, while BTC is close to pre election levels. We believe that there is a disconnect between the strategic Bitcoin reserve announcement with positive fundamentals and the recent sell-off, and we are more inclined to lay out at the current stage