BlockBeats news, October 30: Liquid Capital founder Yi Lihua stated in a post that the trading process has not been easy. When previously insisting on a bullish outlook, the market experienced multiple pullbacks; after the price rose to $86,000, he insisted on a pullback view, during which there were also multiple rebounds, even touching $87,000. Over the past month, the price repeatedly fell back to $80,000 to $81,000 before quickly rebounding to the key level of $84,000.
He emphasized that rallies and pullbacks are not straight lines, and one should not constantly think about trading, but should adhere to "watching for a pullback without shorting" and patiently wait for the best bottom-fishing opportunity. He also said that he founded and manages three funds in different directions, respectively focusing on crypto investment, crypto trading, and AI technology, among which crypto trading is the most difficult and is "a practice against human nature." He raised the question that in the face of the extreme panic ahead, whether investors can still have the confidence to buy the dip is worth pondering.
As for the market outlook, he regarded what he called Buffett being trapped in Google and Duan Yongping being trapped in Pop Mart as temporary phenomena, and believed that AI will continue to create miracles and monetary expansion will not stop. High-quality AI stocks and crypto assets remain the trend directions he is optimistic about.
