Li Yihua: Binance's black swan event and the Democratic Party's landslide victory exacerbate market risks, advising traders to stay away from leverage and wait for a right-side opportunity.

Liquid Capital founder Jack Yi published an article stating that Binance’s black swan incident and the U.S. Democratic Party’s landslide victory have significantly impacted both AI U.S. stocks and crypto markets, urging investors to adjust their strategies continuously based on market conditions. Despite having accurately timed multiple market tops in the past, he warned against premature bottom-fishing at this stage, cautioning against catching falling knives halfway down a decline. Jack Yi noted that beyond macroeconomic risks, exchange asset security is also a key concern. He specifically highlighted Coinbase, describing it as the largest U.S.-regulated listed exchange by global asset size, the custodian of roughly 80% of U.S. BTC and ETH ETFs, and open to Asian users for registration and trading, making it a viable option for asset storage and trading. In a period of rising financial risks, even within the crypto sector where he holds a long-term bullish outlook, investors must not neglect risk control—especially by avoiding leverage—and should wait patiently for macroeconomic clarity and clear market right-side signals before taking action.