Yi Lihua: The current strategy is risk aversion, waiting for the situation to become clearer

Yi Lihua stated that the ongoing Middle East war has lasted longer than expected, leading to higher oil prices, and the current strategy for all assets should be risk avoidance. He noted that after the "1011 event," liquidity in the crypto industry declined, the event caused setbacks for middle-class crypto investors, and trading restrictions imposed by leading platforms further dampened market enthusiasm, resulting in the absence of a normal rebound. He believes the market may present an opportunity to bottom out after reaching an extreme low this year, similar to the situation in the previous round when BTC dropped to $16,000.