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Liquid Capital Founder Says Bitcoin Pullback Is Not a Trend Reversal

Liquid Capital founder Yi Lihua said on X that the current market move is a pullback within a daily uptrend and not yet a trend reversal. According to ChainCatcher, he said the key support level is 82,000, and if that level holds, the pullback could end and the uptrend may continue; if it fails, a larger correction could follow.Yi also said the recent move appears to be a typical false breakout that may have lured in buyers. He added that the team has chosen not to chase short-term trading gains and instead wait patiently for new opportunities with clearer certainty. He said crypto has remained relatively resilient despite weakness in U.S. stocks, rising interest rates, and falling gold prices, and he believes the market is still in a normal correction after a strong rise.
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