BiyaPay Analyst: Coin stocks are increasingly synchronized, and the selling climax has not yet arrived; the treasury company may become the next lightning bolt.

Deep Tide TechFlow News, November 9th, Bitmine’s Ethereum treasury shows a paper loss of over $1.3 billion, with the stock price down 70% from its peak; Strategy (formerly MicroStrategy) holds approximately 641,200 BTC, still with an unrealized profit of about $17.8 billion, but its stock price is down 56%.

BiyaPay analysts believe that the selling climax has not yet arrived. Net ETF outflows and tightening liquidity may become the next trigger for treasury companies. Be cautious of the high correlation between cryptocurrency prices and related stocks—when crypto rises, stocks rise; when crypto falls, stocks fall. Recently, this correlation has been tightening. If you are worried about volatility, you can use USDT on BiyaPay to hedge by participating in US stocks, Hong Kong stocks, or futures, or use zero-fee spot or contract crypto trading for risk management.