Yili Hua Optimistic About Continued Bull Market, Current Adjustment is Normal

Yili Hua, founder of Liquid Capital, stated that Bitcoin has risen for five consecutive days since the upward trend began on August 17, entering an adjustment period on August 22, which has lasted for about 19 days of normal correction. The current price fluctuates between $76,300 and $82,300, with upward pressure around $82,300. Yili Hua pointed out that a bull market does not rise straight up; attention should be paid to daily level adjustments. He also mentioned that recently, Robinhood's on-chain ZEC tokens and trading tokens have shown a partial bull market, indicating that the market seems to be in a state reminiscent of the eve of the 2020 bull market.

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