PANews reported on July 16 that Yi Lihua, founder of LD Capital, said that due to the impact of CPI data delaying interest rate cuts, US stocks are showing a top trend, the Russia-Ukraine war risks are escalating, crypto legislation is temporarily stalled, and the current macroeconomic prospects are unclear. Despite ETH rising by over 50% recently to reach expectations, he chose to remain cautious at market highs, temporarily resting and waiting to act when the situation becomes clearer. At the same time, he emphasized that the bull market trend in the crypto market remains unchanged in the long term.
LD Capital founder: I will take a short break in the short term before taking action, and the long-term bull market trend of the crypto market remains unchanged
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