Yi Lihua: Bullish on the continuation of the bull market, this pullback is just a normal correction.

BlockBeats News, September 9th, Liquid Capital founder Yi Lihua stated that the current market trend remains bullish. Since Bitcoin started its rally on August 17th, it has risen for five consecutive days, entering an adjustment phase starting August 22nd, which has lasted approximately 19 days. This adjustment, characterized by a normal upward right-tilted slope during the rally, involves a wide fluctuation of $6,000 within the $76,300 to $82,300 range, with the upside resistance level around $82,300.

Yi Lihua noted that there is no bull market that rises in a straight line; market conditions change every moment. First, avoid shorting during a bull market trend, and second, closely monitor daily-level adjustments. Beyond the broader market, recent developments on Robinhood's chain, ZEC whale coins, and trading-oriented tokens have shown localized bull markets. All signs indicate that the current situation closely resembles the eve of the explosive bull market of 2020.