BlockBeats News, June 2nd, Liquid Capital (formerly LD Capital) founder Yi Lihua stated, "Bitcoin's drop is smoother than imagined. The biggest bearish factor is the outflow of funds from the stock market. Faced with AI supported by unlimited imagination and fundamentals, narrative-based crypto has fallen from being a 'sweetheart' to a 'cow madam'."

"The next few months will be a period of bottoming out and ranging for crypto. It will continue until a complete chip settlement and the exit of the majority. During this time, focus on learning/investing in AI and gradually bottom-fishing crypto strategy."