Yi Lihua recently reiterated his stance on social media:
Floating losses are temporary, and the long-term trend remains bullish.
He emphasized that from this year's bottom-fishing, to the phase of escaping peaks before 10·11, and now back to bottom-fishing, the team's operations have always been transparent and logically consistent. He pointed out that Liquid Capital is not blindly confident in increasing positions due to prior correct judgments, but is based on continuous research conclusions, believing that we are currently in a bottom range, and 2026 will be a comprehensive bull market.
His core judgment is also very direct:
He does not want to miss out on future potential gains of thousands of dollars due to fluctuations of a few hundred dollars.
Therefore, the prepared $1 billion fund will continue to buy ETH on dips.
However, the data on the ground also needs to be addressed.
According to the latest disclosure, Yi Lihua's Trend Research is currently holding 645,000 ETH at an average price of $3,150, with a paper loss already reaching $143 million.
This is not simply a right or wrong issue, but a game of cyclical perception and capital endurance.
Whether the long-term logic holds needs time to validate;
while short-term floating losses test the capital structure, team consensus, and execution power.
The real divergence in the market has never been about direction,
but rather:
Can you endure the time "before the trend is correct." $ETH
