JackYi: Long Positions Taken Profit, Spot Holdings Underwater, Overall Trend Still Bullish

November 12 — Liquid Capital founder Yi Lihua (JackYi) posted a review of recent market volatility. He said that after seeing strong Democratic Party performance earlier, he had judged that US stocks could fall sharply, and therefore did not choose to buy the dip. But the market then rebounded quickly, and his team chased the move at around $77,000 BTC; once BTC held above $80,300, they judged the correction was over and the uptrend had resumed.

Later, however, US stocks did see the delayed plunge as previously expected, dragging BTC sharply lower. In terms of action, he has taken profit on long positions, but spot positions remain underwater. JackYi believes fast rallies and selloffs are hard to predict accurately, and the key lies in position sizing and risk management. Looking ahead, he will continue to focus on US stocks and crude oil. The market currently faces multiple uncertainties, including the Democratic Party's attitude toward AI and the crypto industry, events related to Jensen Huang, and Trump's funding issues, but his overall trend view remains tilted bullish, and he plans to keep waiting for the macro environment to become clearer before looking for dip-buying opportunities.