律动BlockBeats|Oct 07, 2026 02:16
[Yilihua: Altcoins Undergo Broad Pullback, Normal Correction in a Bull Market Need Not Be Overly Feared]
BlockBeats News, October 7 — Liquid Capital founder Yilihua stated in a post that the market has been repeatedly warned of potential pullbacks recently. Currently, Bitcoin has not broken below key support levels, but altcoins have experienced a broad pullback. He noted that about a month ago, he predicted Bitcoin might face a pullback after rising to around $86,000.
Yilihua explained that during a bull market trend, the market spends most of the time in a consolidation phase, with only brief periods of rapid surges and normal corrections. A continuously rising bull market scenario does not exist. He believes that even if this pullback is relatively significant, it is still a normal phenomenon within the bull market trend. He advises investors not to attempt constant trading or to seize every single opportunity. [Original Link]
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