金色财经|Oct 07, 2026 02:40
[Yi Lihua: Bitcoin Hasn't Broken Key Levels, Altcoins Have Fully Retraced]
According to a report by Jinse Finance on October 7, Liquid Capital founder Yi Lihua analyzed in a post on X that he has recently issued multiple warnings about retracement risks: Bitcoin has not yet broken key support levels, but altcoins have fully retraced. A month ago, he predicted that Bitcoin would rise to $86,000 before facing a retracement. He believes that during a bull market, most of the time is spent in consolidation, with only a small portion of the time seeing rapid increases and normal retracements. There is no such thing as a bull market that only rises without falling. If this round sees a significant retracement, it would still be considered a normal phenomenon within the bull market trend. He advises investors not to trade constantly or chase every opportunity, but to maintain positions and wait for better opportunities.
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