Yi Lihua: Bitcoin's pullback has not yet ended, and it is currently inclined to fall below $79,000.

BlockBeats news, October 9: Liquid Capital founder Yi Lihua posted that Bitcoin has lost the $82,000 level, with the next support at $79,000. Given the pace of the decline over the past two days, he believes this correction is not yet over and currently leans toward the price falling below $79,000, at which point he will further observe the market around $75,000.

Yi Lihua stated that although he had anticipated a correction, he did not short, as he judges the market is still in a bull trend and the pullback is normal fluctuation within a bull market. He will adhere to the principle of "in a bull market, watch for corrections but do not short," patiently waiting for the correction to run its course before buying the dip, but will not guess the bottom-fishing price in advance, emphasizing that market conditions and the environment are always changing.