#比特币反弹 Yili Hua: Bitcoin rebounds to $85,000! Another major correction could be the last chance to buy the dip, key levels are here
🔥Yili Hua: Bitcoin rebounds to $85,000! Another major correction could be the last chance to buy the dip, key levels are here📅 Latest insights on April 21, founder of Liquid Capital Yili Hua (JackYi) posted on the X platform, providing a detailed analysis of the current crypto market trend, attracting widespread attention. He emphasized in the article: the current market is in a rebound phase rather than a reversal, with a final buying opportunity in the medium term.
1. Core view: rebound to $85,000, then buy the dip after a large correctionYili Hua pointed out that he has recently maintained the view that it is a rebound rather than a reversal, the key is how high the rebound will go. He initially predicted Bitcoin could rebound to $85,000 but stressed that no one can pinpoint the exact timing, and the most important thing is not to predict the absolute price but to take profits based on personal expectations and risk management strategies.
Specifically:
Rebound target: Bitcoin $85,000, Ethereum $3,000–$3,300
Trading strategy: swing trading + spot buying the dip, emphasizing spot strategies, no leverage
Medium-term forecast: another large correction may occur, which would be an excellent final buying opportunityHe believes that the crypto market still has potential for a bull run, with 2026 expected to usher in a major bull market, and the secondary market will be the best time for bottom-fishing and primary investments.
From a trading and cycle perspective, the market is in an adjustment phase, waiting for an extreme bottom, as the last chance to get on before the cycle shifts.
2. Four potential trigger factors: what could cause a major correction? Yili Hua clearly pointed out that the trigger for a large correction could come from four aspects:
1️⃣ US stocks retreat from all-time highs
2️⃣ Risk assets broadly decline
3️⃣ Oil prices spiral out of control
4️⃣ Inflation data exceeds expectations, leading the Fed to abandon rate cuts or even consider hikes
US stocks: just hit a new all-time high, warning signs of correction have soundedLast Friday, the S&P 500 hit a new record high, and Goldman Sachs trading desk immediately issued a warning—the market has reached a correction critical point.
Goldman Sachs US trading chief John Flood explicitly stated: the market is fully prepared for a correction. On April 20, US stocks began to decline: all three major indices fell, Dow down 0.01%, S&P 500 down 0.24%, Nasdaq down 0.26%, ending a 13-day winning streak. Large tech stocks generally declined, and crypto-related stocks fell further. Goldman Sachs analysis indicated that this rally was mainly driven by short covering rather than fundamentals, with correction pressures building.
Oil prices: Middle East tensions escalate, crude oil surges nearly 7%On April 20, the US military fired on and seized an Iranian cargo ship in the Gulf of Oman, Iran responded by tightening control over the Strait of Hormuz, causing oil and natural gas prices to soar.
That day, WTI crude futures jumped 6.87%, closing at $89.61 per barrel; Brent crude rose 5.64%, closing at $95.48 per barrel. Some institutions warned that if the situation worsens, oil prices could gradually rise to $105–$115 per barrel. Yili Hua judges that if oil prices spiral out of control, inflation will transmit to the Fed’s monetary policy, further suppressing the crypto market.
Inflation: Oil shocks begin to show, rate hike fears intensifyOil price surges have started to reflect in inflation data. Canada’s March CPI annual rate surged to 2.4%, the highest since late last year, mainly driven by soaring gasoline prices. The market generally expects US CPI month-on-month to reach 0.9%–1.1% this week, up significantly from the previous 0.5%.
More concerning is that Yili Hua worries that "terrifying inflation data" could cause the Fed to completely abandon rate cuts or even consider hikes. Although current CME data shows a 0% probability of rate hikes in April, the market has begun pricing in this risk—if Fed policy expectations reverse, it will cause a fundamental shock to crypto valuation systems.
Linked to risk assets: crypto correlates strongly with US stocksWhen Nasdaq and S&P 500 weaken, crypto concept stocks generally fall, often more than the market. As high-risk assets, cryptocurrencies are highly sensitive to geopolitical news. Yili Hua explicitly pointed out that if a high US stock level triggers a broad decline in risk assets, the crypto market will find it hard to remain unaffected.
3. Why does Yili Hua emphasize "rebound rather than reversal"?Yili Hua defines the current market as a rebound rather than a trend reversal, based on:
Macroeconomic environment not fundamentally improved: Fed has not shifted to easing, liquidity remains tight
Market structure still in repair: no new upward trend driven by liquidity has formed
Risk of a secondary bottom: before confirming the bottom, a large correction may occur first
His trading strategy thus focuses on: swing trading, mainly spot, no leverage, gradually taking profits during the rebound while waiting for a big correction to buy the dip.
The core logic of this approach is: capital preservation takes priority over profit, maintaining strength amid volatility.
4. Other market voicesYili Hua is not the only trader expecting a correction. Another popular trader, Crypto Jack, issued a more extreme warning—due to US-Iran tensions, Bank of Japan liquidity operations, and Bitcoin’s failure to break through the $75,000 resistance, Bitcoin might first drop to $48,000 before rebounding in May.
Goldman Sachs trading desk also explicitly warned: current market leverage is as high as 310%, in the 98th percentile over five years, with extremely crowded positions. Once sentiment reverses, deleveraging pressure will be unleashed.
Yili Hua’s view reflects a seasoned market participant’s typical framework during bull-bear cycles: firmly believing in a long-term bull market, managing risks and seeking opportunities by identifying short- and medium-term market rhythms. He sets key price targets during rebounds as profit-taking references, while always waiting for a "final correction" as the ultimate buying opportunity. However, he also repeatedly emphasizes that "no one can pinpoint the exact timing," sharing past experiences of missing major bull markets due to early selling. Investors should combine their risk tolerance, set reasonable take-profit and stop-loss levels, and stay optimistic about the medium to long term while managing short-term risks.
This analysis is compiled from Yili Hua (JackYi)’s posts on the X platform and public media reports, with data as of April 21, 2026.
📌 The above content does not constitute investment advice. Markets are risky; decision-making should be cautious.
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