Yi Lihua: Bitcoin must stage a strong breakout above $82,600 to trigger its second major bullish wave.

Li Lihua, founder of Liquid Capital, stated in a post that Bitcoin’s current price has risen above $80,300 and remains firmly above its 20-day moving average. To initiate a second major bullish wave—and ultimately challenge the critical resistance level of $86,000—it must first decisively break above $82,600. A confirmed breakout above $86,000 would open the path toward subsequent upside targets of $97,000 and $104,000. He emphasized that Bitcoin’s prior pullback near $86,000 was a typical, healthy correction within an ongoing bull market—so even if short-term retracement is anticipated, he will not adopt short positions, as the market could rebound sharply at any moment. Additionally, Li revealed that he initiated bottom-fishing trades as Bitcoin approached $77,000, but execution was delayed due to external factors, causing him to miss part of the subsequent rally.