Yi Lihua Urges Patience on Bitcoin (BTC) as Pullback From $86,000 Drags On

Yi Lihua Calls for Patience

Veteran crypto analyst Yi Lihua, widely known in the market under the handle JackYi, used a Friday post to argue that patience, not fast dip-buying, is the posture that pays while Bitcoin (BTC) works through its retreat from the $86,000 region. The message, published on 2026-10-23, said more attractive opportunities to buy the bottom may still appear later, and warned that traders unable to sit through volatility tend to enter before the decline has actually run its course. The Bitcoin technical analysis picture since the move away from $86,000 has been a long sideways grind, and Lihua framed this stretch as a test of each participant's ability to control the urge to trade. That grind is the backdrop his whole argument assumes.

History anchors his case. Lihua pointed back to the period when Ethereum spent an extended stretch oscillating around $3,000: investors who could not tolerate the flat tape rushed to buy and ended up entering before the downside was finished. He reads the current chop after the pullback from $86,000 in the same frame, with the slow tape tempting exactly the impatient entries he described. The call was addressed to Bitcoin (BTC) and altcoins together rather than to the largest asset alone, which places the same demand for restraint on every part of the market his call covered. No timeframe accompanied the view. Lihua did not say how long the chop could last, when a better entry might form, or what condition would confirm the decline is over. The guidance is deliberately open-ended, and that openness is the point: a patience call with a date attached would stop being a patience call. The theme he chose, the importance of patience against market fluctuations, is a stock subject in crypto commentary but a pointed one from an analyst whose audience trades actively.

Easy Gains Are Gone, He Says

The sharpest section of the post was not about levels at all. Lihua assessed that the era of easy gains in the crypto sector is behind the market, and that waiting for the next rally is no longer enough to earn a return. Profit, in his reading, now requires information, reasoning and psychological resilience, three inputs a passive position does not supply by itself. That is a different demand than the old HODL reflex, and it narrows who the advice is for: participants who can process what the market is doing rather than simply wait it out. An investor, in his framing, is someone who accepts that the market will test conviction before it pays.

What the post does not contain matters just as much. The analyst did not share a specific Bitcoin (BTC) or Ethereum price for new purchases, did not offer a bottom forecast and did not issue a buy call at any level. The message is therefore guidance on behavior, not a trade signal, and readers looking for a number to act on will not find one. That combination, a warning against urgency paired with no entry level, is what separates the post from the usual dip-buying content that fills feeds after every drop. He nonetheless keeps the door open, since the same post said better bottom-buying chances can emerge down the line. The backdrop is the extended oscillation that followed Bitcoin's retreat from the $86,000 region, a stretch in which he sees impatience as the main risk to results. The same discipline extends across the altcoin market, where emotion-driven entries have historically cost more than the entries they replaced. Lihua's framing places the burden back on the individual trader: in his view, controlling one's own trading impulse is the actual work of this phase, more than picking the next level to buy.

No Entry Level, Only Discipline

Our read: the weight of the post sits in what Lihua refuses to do, which is name a floor. The tape he describes is still live. Our weekend coverage tracked Bitcoin slipping below $81,000 as support came under test, and Darkfost's $21 billion large UTXO tracking shows how much supply changed hands through the drawdown. Whale-scale flows of that size suggest the market remains split, while long-cycle guides such as the Bitcoin Rainbow Chart put the current stretch in a wider frame. Until Lihua publishes a level of his own, the trade he is describing is discipline, and support and resistance levels stay a chart question rather than a call.