$2.8 billion emergency exit! Institutional big buyers quietly leave the market, is the Bitcoin 'engine' stalling?

Jack Yi, the founder of Liquid Capital, recently expressed his optimistic stance on the cryptocurrency market, believing that the current market panic has reached its peak, making it an excellent time to buy in the spot market, and pointed out that the performance of the US stock market is a key decisive factor affecting the cryptocurrency market.

1. Core Views and Market Judgments

Jack Yi's core viewpoint can be summarized as "Be greedy when others are fearful." He believes that although the market has been retreating from its peak for over a month, and various technical indicators and the four-year cycle theory have raised concerns, the negative factors have mostly played out, and market panic has reached its peak. Therefore, from the perspective of risk-reward ratio, buying is a better choice than selling, as the potential upside is greater than the downside. He particularly emphasizes that operations should focus on bottom-fishing in the spot market and avoid contract leverage to mitigate the risks brought by high volatility.

2. Bullish Logic and Key Basis

Jack Yi's optimistic logic for the subsequent market mainly relies on the following points. First, he views the later performance of the US stock market as a decisive factor for the cryptocurrency market. He believes that, although there are divergences in the short-term trends of the US stock market, making it hard to judge whether it will continue to adjust or rebound, considering the various negative factors have been exhausted, as well as the references from the earnings reports of the "seven giants" in the US stock market, he still remains optimistic about the later performance of the US stock market. Secondly, he analyzes from a macroeconomic perspective that the funding situation and macro environment are gradually improving and maintains an optimistic expectation for market performance in late November and beyond. In addition, he also has a long-term optimistic view on core assets such as Ethereum, believing that its fundamentals are still robust.

3. Investment Strategy Recommendations

Based on the above judgment, Jack Yi's investment strategy tends to be active yet stable. He recommends adopting a continuous and gradual buying strategy, especially during market pullbacks. In terms of asset selection, he is optimistic about core asset categories that can transcend cycles in the long term, mainly public chains (such as Ethereum ETH), exchange-related tokens (such as BNB), and stablecoins. He emphasizes that investments require sufficient patience to endure the volatility process, and for top assets, long-term allocation should be considered.

4. Potential Risks and Rational Reminders

Jack Yi expressed an optimistic expectation while maintaining a rational attitude. He reminded the market that investing and trading are complex psychological games, and nothing is certain. He candidly stated, "Even if we have faced it ten times before, it does not mean the next time will be correct," emphasizing that investors need to trust their own logic and make independent decisions. Although market sentiment remains under pressure, the subsequent development of the market still needs to observe key factors such as the actual performance of the US stock market and the effectiveness of macro policy implementation.