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#比特币市场分析 This shorting case of MSTR earning 100% is truly worth in-depth study. Jim Chanos's trading strategy is quite clear - by shorting MSTR while going long on BTC to bet that the premium between the two will shrink. From the results, this judgment is quite accurate. The key is that he captured the valuation bubble of MSTR while also being optimistic about the rise potential of Bitcoin itself. This paired trading not only hedges the risk but also amplifies the returns. However, it is important to note that this strategy requires precise timing to grasp market sentiment and valuation changes, which is not an easy threshold for ordinary investors. From this, we can learn that when copy trading, we should not only focus on a single asset but also pay attention to the relative pricing relationship between related assets. This could be a good direction for uncovering arbitrage opportunities.

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