Despite All the Positive Developments, Why Aren’t Bitcoin and Altcoins Going Up? Chinese CEO Explains
The post Despite All the Positive Developments, Why Aren’t Bitcoin and Altcoins Going Up? Chinese CEO Explains appeared on BitcoinEthereumNews.com.
Jack Yi, founder of Liquid Capital, shared his assessment of the recent price weakness in the cryptocurrency market. Yi noted that many investors in the market are asking, “Why are prices still weak and volatile despite large purchases, institutional entities like MicroStrategy and BMNR accumulating Bitcoin, and Binance founder CZ talking about a super bull cycle?” According to Yi, there are multiple factors explaining this situation. Chief among them are the effects of the four-year cycle and the psychological pressure created by the sharp drop on October 10th. Additionally, the Japanese yen interest rate hike, the US not making new purchases under its Bitcoin strategic reserves, short holders exploiting this situation to pressure the market, and risk-averse capital flowing into gold, silver, and stock markets are also among the factors limiting upward price movement. Yi specifically noted that the relative weakness of the cryptocurrency market while stocks, gold, and silver experienced strong gains negatively impacted investor sentiment. Related News Is There Still a Chance Bitcoin Will Reach $100,000 This Month? Here Are the Predictions On the other hand, Yi argued that some positive signals from the market should not be ignored. Despite all the negativity, Yi interpreted Ethereum’s stable sideways movement around the $3,000 level as a strong “shakeout” and consolidation process, stating that this influenced their strategic repositioning. Recalling that they had previously closed their positions at the $4,500 level, Yi argued that current conditions offered a favorable environment for repurchasing. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/despite-all-the-positive-developments-why-aren-t-bitcoin-and-altcoins-going-up-chinese-ceo-explains/
Filed under: News - @ January 26, 2026 11:22 pm