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Yi Li Hua: The AI siphoning funds effect is emerging, and the crypto market is entering a bottoming and oscillating phase
BlockBeats News, June 2, Liquid Capital (formerly LD Capital) founder Yi Lihua said, “Bitcoin’s drop is smoother than expected. The biggest negative factor is capital being diverted from the stock market. In the face of AI supported by limitless imagination and fundamentals, narrative-based crypto has fallen from ‘Little Sweetheart’ to ‘Madam Bull.’
The next few months will be a period of crypto bottoming out and choppy, volatile trading, until the complete settlement of positions and most people have exited the market. During this time, focus on learning/investing in AI and gradually bottoming out crypto with a strategy.”