Yili Hua: The current trend still looks bullish, but the cryptocurrency industry is in a downturn

Liquid Capital founder Yi Lihua stated that although he still holds a bullish view on the current market trend, the cryptocurrency industry is indeed in a trough, and AI has attracted a large number of talents and funds.

Reflecting on recent market judgments, he mentioned that he has maintained a correction judgment around $86,000 for the past two months, similar to the judgment that the rebound ended around $84,000 in May. Since calling for a bottom on ETH at $1,450 more than a year ago, there has only been one obvious mistake, and he emphasized that one should grow from mistakes.

Yi Lihua believes that most markets do not fit the Buffett-style value investing, and the performance of the cryptocurrency industry in recent years has been the same. He stated, "Patience is the best strategy."