Yi Li Hua: AI Syphon Effect Emerges, Crypto Market Enters Bottoming Phase
BlockBeats News, June 2nd, Liquid Capital (formerly LD Capital) founder Yi Lihua stated, "Bitcoin's drop is smoother than imagined. The biggest bearish factor is the outflow of funds from the stock market. Faced with AI supported by unlimited imagination and fundamentals, narrative-based crypto has fallen from being a 'sweetheart' to a 'cow madam'."
"The next few months will be a period of bottoming out and ranging for crypto. It will continue until a complete chip settlement and the exit of the majority. During this time, focus on learning/investing in AI and gradually bottom-fishing crypto strategy."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Maxi Renda FII MXRF11 declares R$ 0.1 per unit distribution for Aug 2026
Enjoei announces extraordinary shareholder meeting
Wellchange Holdings Closes $7.5 Million Public Offering
DeFi Development targets up to $20 million IPO of Series C perpetual preferred stock
Crypto prices
More
