Li Hua Yi: Bitcoin may experience a slight short-term correction, planning to hover around $86,000

Liquid Capital founder Yi Lihua stated that Bitcoin has not yet broken through the resistance level around $81,000 and is expected to experience a slight pullback in the next few days, followed by a continued rise and a breakthrough in that area. The next resistance level to watch is around $86,000.

He plans to close long positions when Bitcoin rises to around $86,000, as that position may face a significant pullback. However, he still believes that the bull market trend has arrived; even if the price enters a resistance area and appears bearish in the short term, he will only choose to close long positions and will not establish short positions.