Benson Sun: Multiple bottoming signals have been observed, and the market has fully digested the Unfavourable Information regarding MSTR being removed from the index.

BlockBeats news, on November 23, encryption KOL and former FTX community partner Benson Sun posted on social media that his quantitative long order has been in a paused state since the stop loss at 90,000 USD, and has just restarted. Multiple bottoming signals have been observed, and it is expected that a wide-ranging supply-demand equilibrium zone will form here, providing flexibility suitable for quantitative strategies to engage in swing trading. As for MSTR being removed from the index, he believes that the market has fully digested this expectation — the current illogical big dump trend is no different from being removed from the index. He still holds a long order with an average cost of 81,500 USD and will continue to hold until overall liquidity is exhausted before exiting.