Foresight News|Aug 20, 2026 09:39
[Yilihua: The Downtrend Cycle in the Crypto Market Has Ended]
Foresight News reports that Liquid Capital founder Yilihua stated, 'As repeatedly emphasized before, July-August was the final bottom-fishing period. From the perspective of BTC's downtrend patterns, following the end of the previous rebound and the third wave of decline, the strong rebound breaking through $68,000 proves that the downtrend cycle in crypto has ended. Never try to catch the absolute bottom at a specific price point, and never attempt to short in the bottom range. Moving forward, there are two most worthwhile things to focus on: one is how to maximize returns during the new upward cycle, and the other is seizing opportunities in the AI Great Voyage during all the remaining time.'
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