Yi Lihua: Watching for Pullback but Not Shorting; BTC Could Test $79K Support if $82K Breaks

PANews, October 4 - Liquid Capital founder Yi Lihua (JackYi) stated that since the pullback was anticipated at $86,000, the market has repeatedly fluctuated to lure longs, and he currently insists on resting and not participating in the game. His view is that he is watching for a pullback but not shorting; if Bitcoin loses the $82,000 level, it could test the three support levels of $79,000, $75,000, and $71,000, while there is also the possibility of consolidation replacing the pullback. He is currently adopting a no-trade strategy and maintaining an empty position.