Yi Lihua: This Bitcoin Cycle May See Its Last Major Drop, with July to August Possibly the Best Time to Bottom-Fish

Odaily Odaily reported that Liquid Capital founder JackYi (Yi Lihua) posted on Platform X stating that the current decline is the third wave since 1011. According to wave theory and cyclical patterns, this could be the last major drop for Bitcoin. The market's primary focus is on Bitcoin's bottom price this time, with the main factors being the U.S. stock market and MicroStrategy. The Federal Reserve's concerns about CPI may trigger changes in expectations for rate cuts or even hikes, thereby causing a continued pullback in U.S. stocks. Additionally, past bear markets often saw black swan events or blow-ups towards the tail end, which have not yet occurred in this cycle and still require close observation.

Based on Bitcoin's peak of $126,000, a 60% decline corresponds to $51,000, while a 66% decline corresponds to $43,000. Regardless, July to August should be the final window and the best time to bottom-fish—arguably the most worthwhile opportunity in the next three years.