Liquid Capital Founder: Crypto Downtrend Cycle Has Ended, Ushering in a New Upward Cycle

Odaily News, Liquid Capital founder Yili Hua stated that he had repeatedly emphasized that July to August was the final window for bottom-fishing. Bitcoin's strong rebound past $68,000 after the third wave of decline signals that the downtrend cycle in the crypto market has come to an end.

Yili Hua added that investors should not attempt to perfectly time the exact bottom, nor should they short the market during the bottoming range. Going forward, the focus should be on two key areas: first, maximizing investment returns during the new upward cycle, and second, seizing the opportunities presented by the development of the AI industry.