Yi Lihua: The current trend remains bullish, but the crypto industry is at a low point.

BlockBeats news, October 24: Liquid Capital founder Yi Lihua stated in a post that although he still holds a bullish view on the market trend this round, the crypto industry is indeed in a trough, with AI having attracted a large amount of talent and capital.

Reviewing recent market judgments, he said that over the past two months he has consistently maintained a call for a pullback near $86,000, similar to the call in May that the rebound had ended near $84,000. Since calling for buying the dip in ETH at $1,450 more than a year ago, there has been only one obvious mistake, and he emphasized the need to grow from mistakes.

Yi Lihua believes that patience is the best strategy, and that most markets are not suited to Buffett-style value investing — the crypto industry's performance in recent years has been the same, with ETH's price even less than half of what it was six years ago, and BTC's price the same as it was three years ago.