Yi Lihua: Remains bearish on BTC but is not shorting the asset; if BTC breaks below $82,000, it may test the $71,000 support level.
4 days ago
Liquid Capital founder Yi Lihua said that since closing long positions at $86,000 to wait for a market pullback, the crypto market has repeatedly lured investors into buying, so he remains on the sidelines, avoiding speculative gains and not chasing every trading opportunity. He noted that it’s better to miss moves than to make wrong bets. Per his previous outlook, he expects a pullback here but will not short Bitcoin. If BTC falls below $82,000, it could test three support levels: $79,000, $75,000, and $71,000. Another possibility is Bitcoin ending the pullback through consolidation instead. Either way, Liquid Capital is taking no positions—neither long nor short.
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