Liquid Capital’s Yi Lihua: Stay Bearish but Don’t Short in a Bull Market; ETH to Outperform

Yi Lihua's framing is a useful signal on positioning psychology: acknowledging resistance and a normal pullback while explicitly refusing to short suggests caution without abandoning the bull-market bid. That distinction matters for traders deciding whether to fade strength. The rotation call — ETH leading, with infrastructure tokens like UNI and HYPE treated as necessities and ZEC as a strong-holder asset — is the more actionable thread. Whether ETH's relative strength persists and whether that infrastructure bid broadens is the open question worth watching.