LD Capital founder warns of imminent major correction

Jack Yi, founder of LD Capital, said on X that investors should wait for opportunities to buy on dips rather than hastily chasing highs for the time being. He stated that the essence of investing and trading lies in controlling greed and managing fear. Yi predicted that the market could soon enter the biggest "fear zone" of this cycle, and investors who bought Bitcoin at recent highs may experience the last major correction. He added that the cryptocurrency industry is currently facing several structural problems, including diminished interest from the younger generation, a focus of traditional capital on the artificial intelligence (AI) sector, an increase in celebrities taking short-term profits, and a lack of innovation from major industry projects. These factors are dampening market sentiment and could lead to increased volatility in the future, he noted.