Yi Lihua, founder of Liquid Capital, announced plans to gradually unwind positions as the market rallies above $80,000 following the end of hostilities between Iran and the U.S. He noted that while $60,000 may not be the cycle's bottom, markets continue to reach new highs, driven by AI advancements. Companies like SK Hynix and Samsung have reported profits exceeding one trillion.
Yi emphasized that AI does not present a long-term bubble, although short-term uncertainties remain. He highlighted the shift of some crypto miners to AI computing and the emergence of AI-focused ventures by crypto entrepreneurs. Investors are encouraged to consider AI equities and stocks, as exchanges introduce AI trading solutions.
Yi Lihua Predicts Gradual Market Unwind, Sees No Long-Term AI Bubble
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