Yi Lihua: The four-year cycle pattern has become invalid; now is the best time to buy the dips.

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MarsBit
01-24
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According to Mars Finance, on January 24th, Yi Lihua, founder of Liquid Capital (formerly LD Capital), responded to questions regarding his ETH long strategy as follows: Regarding the question, "Is ETH below its previous peak while BTC is above it?", Yi Lihua stated that while BTC has broken new highs during this interest rate hike cycle, the overall crypto market performance has been poor, making this the most difficult period in the past four years. With the arrival of the interest rate cut cycle, he is optimistic about the start of a bull market, and ETH is expected to outperform BTC. Historical bull markets also show that ETH's gains have been greater than BTC's. Regarding the question, "Are you worried about a continued bear market after buy the dips ETH around $3000?", Yi Lihua believes the four-year cycle pattern has become invalid, and now is the best time to buy the dips crypto, especially ETH. Stablecoins and on-chain financial services related to US Treasury bonds offer huge opportunities, and ETH will be the biggest beneficiary. Regarding the safety of ETH leveraged positions, Yi Lihua stated that he is fully prepared and can repay most of his borrowed positions at any time. He believes that ETH is absolutely safe above $1000. "Why rush to buy the dips instead of waiting for an even lower price?" Yi Lihua stated that no one can precisely buy the dips, and the previous BTC bull market example shows that the difference is not significant. The core point is that the current area is already at the bottom; if you don't buy, the market will buy anyway, and the influence of institutional investors on the trend is limited. Regarding "how to view short-selling KOLs mocking bulls," he stated that the market is a mix of bulls and bears, and reasonable viewpoints from all sides will be considered and learned from, while extreme or low-quality exposure will be ignored. Regarding "the reason for frequently updating Twitter to promote ETH and clearing out positions at $4500," Yi Lihua stated that he has a long-term bullish view on ETH, and clearing out positions at $4500 was to deal with temporary risks. The operation was transparent, and it was to acquire more ETH rather than taking over from the market. He stated that ETH's total market capitalization is $360 billion, and even one of the world's largest ETH investors cannot influence the trend; everything should be done in accordance with the trend.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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