Liquid Capital founder Yi Lihua identifies the 400-day moving average near $81,000 as critical support for Bitcoin, noting that previous touches of this level triggered rapid rebounds. On the upside, the 20-day moving average at $84,000 serves as immediate resistance, with a breakout potentially leading to a retest of strong resistance at $86,500. Yi characterizes current price action as a phased pullback within a broader bull-market uptrend rather than a trend reversal. Maintaining a "bearish but not shorting" stance, he emphasizes that market movements are non-linear and reiterates a bullish outlook for a potential super bull market next year.