2026-03-27 12:49:35
Li Hua Yi: The cryptocurrency market is in a bear market, and its performance over the past four years has been disappointing and lacking in disruptive innovation.
Gate News reported that on March 27, Yi Lihua published a post on platform X expressing his views on the current state of the cryptocurrency market. According to his perspective, the current cryptocurrency market is in a bear market and the war is not yet over, lacking significant rebounds. Yi Lihua stated that the performance of the cryptocurrency sector over the past four years has been disappointing, with the crypto middle class, retail investors, and VCs all being harvested, while exchanges, market makers, and project teams continue to extract funds. He pointed out that the current capital inflow in the market mainly comes from Wall Street ETFs, DAT, and a few believers, and that there has not yet been any disruptive innovation in the cryptocurrency sector.