BlockBeats News, August 29th - Liquid Capital founder Yi Lihua stated that Bitcoin is undergoing the expected pullback. If it continues to pull back to around $755, it will be a good buying opportunity. He remains optimistic about a minor rally following the pullback.

Yi Lihua also emphasized the importance of respecting the market, stating that in trading, after successfully making 9 trades, the 10th trade that fails will set the trader back to square one.