#比特币价格波动 Reflecting on the fluctuations of Bitcoin's price over the years, it truly evokes a multitude of emotions. Recently, I saw news that Strategy might be removed from the MSCI index, which reminded me of those projects that once shined brightly but ultimately faded away. From the ICO boom in 2017 to the bear market crash in 2018, and now with large institutional players entering the scene, each cycle repeats a similar story.

The current predicament faced by Strategy actually reflects a broader dilemma in the entire crypto market – how to find a balance between the traditional financial system and the emerging blockchain world. On one side are the rules of Wall Street, and on the other, the ideals of decentralization. Strategy wants to have it both ways, but the result might be pleasing to neither side.

However, history shows us that true innovation often occurs in these contradictions. Looking back at the emergence of Bitcoin, how many believed it could reach where it is today? Perhaps Strategy’s predicament signals that a new breakthrough in the crypto industry is imminent. After all, every crisis is the beginning of a new opportunity. We old-timers might as well keep an open mind and wait and see what the future holds.