Yi Lihua reiterates:BTC Shorting should not be undertaken in a bull market; he believes 86000 USD may face pullback pressure near
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Yi Lihua believes BTC at 86,000 USD a pullback may occur nearby, but shorting should be avoided in a bull market.
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Yi Lihua: Expecting a pullback, but shorting should not be undertaken in a bull-market trend
BlockBeats news,September 24,Liquid Capital founder Yi Lihua (JackYi) stated in a post that 20 days ago, he had judged that BTC would rise to 86,000 USD where it would face substantial resistance and could see a phase-specific pullback; he therefore believed that closing long positions near 86,000 USD was a good choice.
JackYi stated that although he expects a pullback, shorting should not be undertaken in a bull-market trend, and opportunities to go long should continue to be sought. He believes a bull market will not rise in a straight line; each pullback may provide an opportunity to re-enter. At the same time, traders need not pursue "the last penny" and should stop losses promptly and manage risk effectively.
Original link https://m.theblockbeats.info/flash/368767
Key points
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Liquid Capital founder Yi Lihua (JackYi) stated that BTC could face substantial resistance upon rising to 86,000 USD and may see a phase-specific pullback.
02
Yi Lihua believes that closing long positions near 86,000 USD is a good choice.
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Yi Lihua stated that shorting should be avoided during a bull-market trend and opportunities to go long should be sought continuously.
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He believes that a bull market will not rise in a straight line, and that each pullback may provide an opportunity to re-enter.
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He stated that trading does not require trying to capture “the last penny”; one should cut losses promptly and manage risk effectively.
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BlockBeats September 24 reported on the above view.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Yi Lihua expects BTC near 86,000 USD it may decline for a period of time, but he does not recommend betting on a decline amid a bull-market trend. Instead, he recommends waiting for a pullback to look for long opportunities, while emphasizing stop-losses and risk control.
Why it matters to readers
This is a personal assessment that BTC may pull back, while still favoring the search for upward trading opportunities; it should not be regarded as a certain price outcome.
Beginners need to distinguish between “expecting a pullback” and “shorting”: the former means anticipating a temporary price decline, while the latter means profiting from a decline; the original text also emphasizes stop-losses and risk control.
Risks and unknowns
86,000 USD Whether a sustained pullback actually occurred nearby was not stated in the original text.
The original text did not provide the magnitude of the pullback, trading volume, or other market data.
The “bull-market trend” and related price judgments are personal opinions, and the original text provides no independent verification.
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Related concepts
pullback
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