Liquid Capital founder Arthur Yi said on X that Bitcoin is still in a pullback within its daily uptrend channel and that the move does not yet amount to a trend reversal. He described the recent short-term false breakout as a classic bull trap and identified $82,000 as the key retracement level to watch. According to Yi, if Bitcoin can hold that level, the pullback may be over and the broader rise could resume. If it fails to hold, the market may face a larger correction. Yi also said his team had become more disciplined during the recent pullback, choosing not to chase game-theory trades or try to capture the last bit of profit, and instead waiting patiently for clearer opportunities. He added that with U.S. stocks looking weak, interest rates elevated, and gold falling, crypto has remained relatively resilient, which supports his view that the current move is a normal pullback after a strong rise.
Liquid Capital founder Arthur Yi said in a post on X that Bitcoin remains in a pullback within its daily ascending channel and does not yet signal a trend reversal.
He said the recent short-term false breakout was a classic bull trap, adding that $82,000 is the key retracement level. If Bitcoin holds $82,000, the pullback could end and the uptrend could continue. If that level fails, the market may face a larger correction.
Yi also wrote that during the recent pullback, his team had "made progress in one thing: not trying to make money from game-theory trades, not trying to take the last copper coin, and patiently waiting for new opportunities with clearer conviction."
On the broader backdrop, Yi said that with U.S. stocks weak, interest rates high, and gold falling, crypto has been relatively resilient. Based on that, he said he is more inclined to view the current move as a normal pullback after a strong rise.
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