CryptoQuant founder suggests Strategy pause buying coins until cash reserves and dividend coverage are restored BlockBeats News: On June 24th, CryptoQuant founder Ki Young Ju stated in a post that Strategy's current Bitcoin buying behavior is more like a liquidity absorber than a price catalyst. In the past two years, Bitcoin has achieved a market value growth of $467 billion, but its price has actually dropped by 1% - even though hundreds of billions of dollars have flowed in and turnover continues to occur, the price has not risen. Ki Young Ju believes that in the current environment of significantly increased selling pressure, Strategy's buying orders are more focused on defending price ranges rather than pushing for breakthroughs. What's more serious is that continuous buying may hinder market clearance type deep corrections and instead provide liquidity for more holders to take profits. Compared to the traditional Bitcoin cycle of crashes, surrenders, weak hands exiting, and whales re attracting funds, the current cycle has maintained a wide sideways trend for nearly two years - neither strong enough to confirm a new bull market nor weak enough to trigger true surrender, resulting in weak hands not fully clearing out and strong hands not actively re attracting funds. The market may need a full reset to build a stronger recovery. Ki Young Ju proposed three suggestions to Saylor: suspend Bitcoin purchases until cash reserves and dividend coverage are restored; Establish a systematic and model driven purchasing framework to change the market impression of always buying at the local top; Establishing a disciplined selling framework for the next bull market - partially selling near the cycle's high point is not a betrayal of Bitcoin, but rather deleveraging, realizing shareholder value, and creating a ammunition pool for low price refinancing. This is not trading, but risk management.