TREE NEWS reports: Liquid Capital founder Yi Lihua said Bitcoin’s 400-day moving average near $81,000 forms strong support, with past pullbacks to that level followed by rapid rebounds. He put nearby resistance at the 20-day MA around $84,000, and said a fast break above would force a retest of the $86,500 level, which he has repeatedly flagged as the $86,000 pullback point. Yi said Bitcoin remains in a bull uptrend on the larger cycle and called the current move a mid-rally pullback, which he said underpins his ‘bearish but not short’ stance.
Yi Lihua: Bitcoin’s Pullback Is Cyclical, $81K Offers Strong 400-Day MA Support
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AI take
Yi's framing is notable less for its levels than for its logic: he treats the pullback as a mid-trend correction rather than a reversal, which is why his stance is bearish on direction but not positioned short. That distinction matters for readers tracking how analysts reconcile near-term weakness with a larger uptrend. The levels he cites — support at the 400-day MA, resistance at the 20-day MA and the $86,500 retest — are the concrete markers worth watching to see whether his cyclical read holds.
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