Yilihua: The Bitcoin correction is far from over, be patient and wait

According to Odaily, Yilihua posted on X platform: "I remain bearish on the correction. Although there have been rebounds during the decline over the past few days, with the U.S. stock market falling and oil prices rising, Bitcoin has broken below the mid-line on the 4-hour chart, which is the 20-day moving average. Currently, Bitcoin is in a broad decline across all timeframes except the weekly, including the 15-minute, 1-hour, 4-hour, and daily charts. As I said before, the correction is far from over. Be patient and don't think about trading all the time. Honestly, when watching the pullback to 86, with multiple oscillations attempting to break through the strong resistance at 87, I was worried and anxious inside. During the correction, the rally briefly broke through the key level at 84, and the same feeling arose. But in trading, as long as you keep an open mindset—missing out is far better than making a mistake—you will stick to your principles and forget the illusions."