OneKey founder Yishi said financial markets trade on expectations for future consensus and liquidation conditions, rather than on yesterday’s sentiment. According to Odaily, Yishi said recent declines in Bitcoin and the broader crypto market have disappointed investors and caused portfolio losses, but urged them not to despair. Market clearing and shrinking liquidity are part of the cycle, Yishi said, citing similar periods in 2015, 2018 and 2022, as well as 2026.
Yishi advised investors to avoid leverage and high-risk borrowing, refrain from betting on a market bottom, reduce altcoin exposure and give up expectations of getting rich quickly. Yishi also recommended maintaining core spot holdings and enough cash flow to cover normal living expenses, while prioritizing survival, patience and discipline during difficult market conditions.