Yilihua: Bears Overemphasize the Four-Year Cycle, the Key Is to Grasp the Main Bull Market Trend

According to Odaily, Liquid Capital founder Yi Lihua stated on X that some short sellers use the "four-year cycle" as their main logic, believing that 2025 has already entered a bear market phase similar to 2019–2020, and that the market may remain sideways for an extended period or undergo extreme volatility to complete a shakeout. He pointed out that Trend Research had previously made allocations during Ethereum's low phase and completed liquidation during the high-volatility range, with these operations having been verified on-chain.

Yi Lihua emphasized that the team will not change its established strategy due to emotions or short-term noise. The core objective is to capture the main trend in the major cycles of the crypto market, avoid missing bull market opportunities, and thereby achieve long-term returns.