Liquid Capital founder Yi Lihua, known as JackYi, said in a post on X that his repeated call for July and August to be the last window to buy the dip was based on one core view: the third leg down since 1011 was the final decline in the cycle. He said no one can know exactly how far prices will fall, because black swan events can still distort the move, citing the FTX collapse and the resulting BTC overshoot as an example. Even so, he argued that cycle timing and volatility patterns do not miss, and that investors should buy when the time arrives rather than wait for the absolute bottom. JackYi also explained why some of his earlier wording sounded vague, saying nobody can be 100% accurate and that one wrong call is often remembered more than many correct ones. He added that even far-fetched rumors can draw more attention than facts.
According to ChainCatcher, Liquid Capital founder Yi Lihua, also known as JackYi, said in a post on X that his earlier and repeated view that July and August would be the last window to buy the dip was built on one main judgment.
He said the third wave of declines since 1011 was the final drop. As for how low the market could go, he said no one can determine that with certainty because prices can still be affected by black swan events. He compared that uncertainty to the FTX episode, which led BTC to overshoot to the downside.
JackYi said cycle timing and volatility patterns would not be wrong, and that once the time arrives, investors should buy rather than expect to catch the lowest price.
He also addressed why some of his wording had at times been less direct. In his view, nobody can be 100% accurate. He wrote that getting ten calls right may go unnoticed, while one wrong call stays on-chain forever, and that even absurd rumors can stir more enthusiasm than facts.
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