Yili Hua: Altcoins are undergoing a comprehensive correction; normal corrections during a bull market do not require excessive worry

Liquid Capital founder Yi Lihua stated that he has recently warned multiple times that the market may experience a correction. Currently, Bitcoin has not yet broken through the key support level, but altcoins have undergone a comprehensive correction. He pointed out that he previously predicted a correction might occur after Bitcoin rose to around $86,000 about a month ago.

Yi Lihua stated that during a bull market trend, most of the time will also be in a consolidation phase, with only a small portion of the time experiencing rapid increases and normal corrections; there will not be a continuously rising bull market. He believes that even if this correction is significant, it is a normal phenomenon within the bull market trend and advises investors not to attempt to trade constantly or seize every opportunity.