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Yi Lihua: The rebound has basically ended; now it's "darkness before the dawn."
BlockBeats News, May 16 — Liquid Capital (formerly LD Capital) founder Yi Lihua posted: “This wave of rebound is basically over. I have repeatedly stated that what we are seeing in this round is a rebound, not a reversal, along with a strategy of closing positions as prices move higher.
Possible further bearish factors include: a normal pullback in US stocks at elevated levels, and oil prices affecting inflation issues, which could lead to changes in rate-cut expectations. The key point is that US Treasury yields have rebounded noticeably. Cryptocurrency is long-term promising; right now is the darkness before dawn. In every bear market there are countless pessimists and people exiting, but deep bear markets are often a good opportunity to enter and a test of patience.
I recommend allocating 50% of future returns to the AI sector, as this is an irreversible trend.”