Li Hua Yi: The strong rebound of Bitcoin breaking through 68,000 USD may indicate the end of the downward trend in cryptocurrency

Liquid Capital (formerly LD Capital) founder Yi Lihua stated in a post that he has previously emphasized that July to August may be the last window for bottom fishing. From the historical decline patterns of Bitcoin, after experiencing a third phase of decline following the end of the last rebound, BTC's strong rebound breaking through $68,000 may indicate that the crypto market's decline cycle has ended.

Investors should not attempt to bottom fish at a specific price point, nor should they try to short in the bottom range. He believes that the next two things worth paying attention to are: how to operate in the new round of rising cycle to maximize profits, and participating in development opportunities in the AI field at other times.