Yili Hua Bullish Trend, Waiting for Clarity in Macro Environment to Buy the Dip

Yili Hua reviewed the recent market fluctuations and noted that when the Democratic Party gained an advantage in the midterm elections, he anticipated a decline in the U.S. stock market, which led him to refrain from buying the dip. Subsequently, the market rebounded quickly, and he chased the price near $77,000 for Bitcoin. After BTC stabilized at $80,300, he judged that the pullback had ended and the upward trend had resumed. However, the U.S. stock market fell as expected, causing Bitcoin to retreat further, ultimately leading to a profit-taking exit from long positions, although the spot positions remained in a state of floating loss. Yili Hua believes that rapid rises and falls are difficult to predict accurately, and there was no significant issue with the operations themselves; the key lies in managing positions and risks effectively. Currently, attention should be paid to the performance of the U.S. stock and oil markets. He stated that if the Democratic Party continues to push for policy actions targeting the AI and cryptocurrency sectors, it will increase market uncertainty. Nevertheless, his overall trend judgment remains bullish, and he will continue to look for buying opportunities once the macro environment becomes clearer.

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