Yi Lihua: Bitcoin Expected to Rebound to $85,000; Another Major Correction Could Be the Final Buying

On April 21, Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated that he has been anticipating a rebound rather than a reversal. The key question is where this rebound will reach; initially, he expected it to hit $85,000. However, no one can pinpoint the exact timing, and it is crucial to manage expectations and set profit-taking strategies based on individual risk control. From a trading and cyclical perspective, there may be one more significant correction, which could present an excellent final buying opportunity. Currently, the triggering factors appear to be the pullback of U.S. stocks from historical highs, a decline in risk assets, uncontrollable oil prices, and alarming inflation data that could lead the Federal Reserve to abandon interest rate cuts and even consider raising rates. He remains optimistic about investments in the medium to long term while managing risks in the short term.