PANews
PANews|11月 14, 2026 04:00
[Lily Yi: Huang Renxun Incident Continues to Impact US Stocks; No Consideration for Buying the Dip in the Crypto Market in the Short Term] Lily Yi, founder of Liquid Capital, analyzed that the crypto market's decline on Saturday was mainly due to the Huang Renxun incident. Market expectations for the future trend of US stocks have turned pessimistic, and a further 30% drop in US stocks would be normal. Before the situation becomes clearer, it is not advisable to easily conclude that the market has bottomed out. Yi stated that after Bitcoin's pullback from $86,000, he was watching the three key levels of $79,000, $75,000, and $71,000, and bought the dip to the right of $77,000. From a Bitcoin structure perspective, there was no problem, and there was a significant rebound opportunity. However, with the sharp drop in US stocks, he promptly took profits and exited the market, retaining only a small spot position. Yi believes that the crypto market is now highly dependent on US stocks, and given his pessimistic attitude towards Huang Renxun's return and the prospects of US stocks, he will not consider buying the dip in the short term.
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