Yilihua: There may be one more major correction, which would also be an excellent final buying opportunity.

According to Odaily, Liquid Capital founder Yi Lihua posted on X: “Recently, I've been seeing this as a rebound rather than a reversal, and the key question is where the rebound will reach. We initially expected 85, but no one can pinpoint it exactly. The critical thing is to take profits according to your own expectations and risk management. From a trading and cycle perspective, there might still be another major pullback, which would be an excellent final buying opportunity. As of now, potential triggers could be a pullback in US stocks from all-time highs, a broad decline in risk assets, oil prices getting out of control, frightening inflation data causing the Federal Reserve to abandon rate cuts or even consider rate hikes. Stay optimistic for investment in the mid- to long-term, but manage risks in the short term.”