Yilihua: The strong support of 79,000 USD has been broken and is not in the plan

Liquid Capital founder Yi Lihua stated that the team repeatedly warned about a pullback, but the strong support level of $79,000 was breached by a black swan event, which was not part of the plan.

He mentioned that the originally planned levels of $75,000 and $71,000 need to be re-evaluated and adjusted due to changing circumstances, and indicated that the impact of the black swan and the conclusion of the midterm elections will present the best opportunity for bottom fishing.