As an experienced investor who entered the industry at the end of 2015 and has gone through two or three bull and bear cycles, he brings his solid real-world experience and deep market observations to clearly dissect the core logic of the current crypto market, investment dilemmas, and future directions. His analysis is based on real, practical review and decision-making reflections, which are highly valuable for investors still exploring the market today.

Those familiar with Yi Lihua know that his experience in the crypto space is highly representative, including the highlights of early heavy holdings in Quantum Chain that yielded 100x returns, and the layout in ETH that led to sudden wealth. It also includes painful lessons, such as leveraging to the extreme and selling off 650k ETH within 8 days to cut losses, resulting in a $700 million loss. Because of this comprehensive bull and bear track record, his understanding of market cycles and volatility is deeper than many investors who have only experienced one-sided markets.

In this live broadcast, he clearly stated that he still generally leans toward a “long-term bullish” view on crypto assets. However, this optimism is not blind; it is based on a sober understanding of market cyclicality and the “significant volatility”—the retracements and rebounds of crypto assets are far beyond those of traditional markets. This is an industry characteristic and a premise that all investors must accept.

Regarding the market pressures faced this year, Yi Lihua believes that this is not an issue with the industry itself,