Yi Lihua said he still expects a BTC pullback but is not shorting; if it breaks below 82000 USD, he may look toward 71000 USD
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AT A GLANCE
Yi Lihua believes that BTC may pull back, but has chosen not to short; if it breaks below 82000 USD, it may continue declining to test multiple support levels.
Article
Yi Lihua: Expecting a pullback but not shorting,BTC if it breaks below 82000 USD it may decline to test 79000 USD support
PANews October 4 reported that Liquid Capital founder Yi Lihua (JackYi) said that since 86000 USD expecting a pullback, the market has repeatedly fluctuated and lured traders into taking long positions. He is currently maintaining a wait-and-see stance and is not participating in the trading contest. His view is that he currently expects a pullback but is not shorting; if Bitcoin breaks below 82000 USD, it may decline to test 79000 USD、75000 USD and 71000 USD three support levels. There is also a possibility that continued range-bound trading may replace the pullback. He is currently taking no-action approach and maintaining an empty position.
Yi Lihua said that since 86000 USD expecting a pullback, the market has repeatedly fluctuated and lured traders into taking long positions.
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Yi Lihua said he is currently maintaining a wait-and-see stance and is not participating in the trading contest.
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His view is that he currently expects a pullback but is not shorting.
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He believes that if Bitcoin breaks below 82000 USD, it may decline to test 79000 USD、75000 USD and 71000 USD three support levels.
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He also said that continued range-bound trading may replace the pullback.
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He is currently taking a no-action approach and maintaining an empty position.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is an individual market judgment: Yi Lihua tends to believe that BTC may decline, but he did not short on that basis; instead, he is temporarily maintaining an empty position and waiting. The prices he listed are possible support levels to watch and do not mean that the price will necessarily reach them.
Why it matters to readers
The view identifies 82000 USD as an observation level, along with three lower support levels that may be watched after a break below it, while also leaving open the possibility that the market will continue trading in a range.
Beginners may understand these price levels as observation points identified by the commentator rather than definitive trading signals; the strategy stated in the original text is to take no action for the time being.
Risks and unknowns
BTC Whether it will break below 82000 USD cannot yet be confirmed.
BTC Whether it will decline to test 79000 USD、75000 USD or 71000 USD cannot yet be confirmed.
The market may pull back, or continued range-bound trading may replace the pullback.
This content constitutes an individual price judgment; the original text does not provide market data to validate the prediction.
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pullback
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