Yi Lihua: The pullback won't happen overnight, still bullish on the market outlook, waiting for the correction to bottom out.

BlockBeats news, October 29 - Liquid Capital founder Yi Lihua stated in a post, "Recently, global financial markets have been volatile. In investment and trading, one cannot expect to make money every moment. Even someone as successful as Duan Yongping has to endure massive unrealized losses. A certain stock guru who previously made ten times the return is now facing an 80% drawdown, let alone the current situation of ordinary stock investors and cryptocurrency investors.

The overall environment is still within an interest rate hike cycle, and Bitcoin is already among the better-performing assets. The principle remains: uptrends are not a straight line, and neither are pullbacks. I still see a bull market trend and am still waiting for the pullback to reach its bottom."