Liquid Capital Founder Holds Off on Crypto Dip-Buying Amid U.S. Stock Risk

Liquid Capital founder 易理华 said crypto markets were highly dependent on U.S. stocks and he would avoid near-term dip-buying while the U.S. outlook remains uncertain.

He linked current crypto weakness mainly to the 黄仁勋 event, saying market expectations for U.S. equities had turned bearish. 易理华 said a further 30% decline in U.S. stocks was possible and cautioned against declaring a market bottom before conditions became clearer.

After Bitcoin (BTC) retreated from $86,000, he identified $79,000, $75,000 and $71,000 as support levels and entered near $77,000. Bitcoin’s own price trend then appeared to leave room for a rebound, he said.

As U.S. stocks plunged, 易理华 said he took profits and kept only a small spot position. He plans to wait for greater clarity on U.S. markets before reconsidering dip-buying, following an earlier exit from a Bitcoin trade over U.S. stock concerns.