Yi Lihua Says He Still Sees a Bitcoin Bull-Market Trend and Is Waiting for a Sufficient Pullback
BIBIBI
AT A GLANCE
Yi Lihua said that he remains bullish on Bitcoin’s bull-market trend but will wait for a sufficient pullback.
Article
Yi Lihua: Amid market turbulence, one cannot expect to profit at every moment; he still maintains the Bitcoin bull-market trend view but needs to wait for a sufficient pullback
PANews October 29 reported,Liquid Capital founder Yi Lihua (JackYi) wrote: “Global financial markets have been highly turbulent recently. One cannot expect to make money at every moment through investing and trading. Even someone as strong as Duan Yongping has had to endure substantial unrealized losses. A certain stock market expert previously made times returns and has now retraced 8; not to mention the current situation of ordinary stock and crypto investors. The overall macro environment remains in an interest-rate-hiking cycle, and Bitcoin has already been a relatively strong-performing asset. The principle remains the same: rises are not a straight line, and neither are pullbacks. I still see a bull-market trend and will continue waiting for the pullback to be sufficient.”
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🔗https://www.panewslab.com/zh/articles/01a18688-3af8-7086-9744-9b214cc98f63
Key points
01
PANews October 29 reported that Liquid Capital founder Yi Lihua (JackYi) shared the relevant views.
02
Yi Lihua said that global financial markets have recently been turbulent and that investing and trading cannot be expected to generate profits at every moment.
03
Yi Lihua said that Bitcoin has been a relatively strong-performing asset, and that he still sees a bull-market trend while waiting for a sufficient pullback.
04
Yi Lihua mentioned that, as the midterm elections approach, market volatility and trading opportunities have also arrived.
05
Yi Lihua said he would participate in and learn from the global derivatives trading competition launched by Coinbase, which has a prize pool of up to 2000000 coins USDC.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is an industry participant’s personal assessment of the market, not a specific prediction of Bitcoin’s price or the magnitude of a pullback. He believes that gains will not continue in a straight line and will therefore wait for a market pullback before observing opportunities.
Why it matters to readers
This view may affect some market sentiment, but the article does not provide independently verifiable price data, pullback ranges, or new policy information.
Beginners need to distinguish market views from verified facts; both “being bullish” and “waiting for a pullback” do not mean that prices will necessarily rise or rebound immediately.
Risks and unknowns
The article does not provide a specific Bitcoin target price, pullback range, or trading position.
The article does not provide independent market data supporting this assessment.
The report relays Yi Lihua’s personal views and does not represent a certain market outcome.
Related Developments
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Related concepts
Bull market
A state in which market prices show a positive upward trend.
