JackYi, founder of Liquid Capital, tweeted that Bitcoin is currently in its third wave of decline since October 11, and based on wave theory and cyclical patterns, this may be the last major sell-off. He incorporates U.S. stock pullbacks, Fed CPI concerns, MicroStrategy exposure, and tail-end bear market black swan risks to estimate a bottom range: a 60% drop to $51,000 or a 66% drop to $43,000. He emphasizes that July-August is the final bottom window and the best accumulation opportunity in three years.