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JackYi says he took profit on longs while spot holdings remain underwater

NewsFeeds update

Liquid Capital founder Yi Lihua, known as JackYi, says he took profit on long positions but his spot holdings remain underwater after BTC fell with US stocks. He says position sizing and risk management matter because sharp swings are hard to predict.

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The story so far: Yi Lihua bitcoin pullback calls

Liquid Capital founder Yi Lihua warned of a Bitcoin pullback near $86,000 and stayed in cash, then turned bullish with a $120,000 target. He bought Bitcoin at $77,000 and exited at $78,000-$79,000, warning against stubborn leverage as US stocks turned. He now says he is not buying the dip yet, citing fallout…

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  1. JackYi says he took profit on longs while spot holdings remain underwater

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