Yi Lihua: Altcoins have fully corrected; normal pullbacks in a bull market require no excessive worry.

BlockBeats news, October 7th, Liquid Capital founder Yi Lihua posted that he has repeatedly warned recently of a possible market correction. Currently, Bitcoin has not yet fallen below key support levels, but altcoins have already experienced a broad correction. He pointed out that a month ago, he judged that Bitcoin might face a correction after rising to around $86,000.

Yi Lihua stated that in a bull market trend, most of the time will also be in a consolidation phase, with only a small portion of the time seeing rapid increases and normal corrections. There will not be a bull market that rises continuously. He believes that even if this correction is relatively large, it is still a normal phenomenon within a bull market trend, and suggested that investors do not need to try to trade at all times or seize every opportunity.