On January 24, Yi Lihua, founder of Liquid Capital (formerly LD Capital), responded to his long ETH strategy in an article:
Regarding the question of "ETH is 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. He anticipates a bull market after the interest rate cut cycle begins, and believes ETH is likely to outperform BTC, with historical bull markets also showing ETH's gains exceeding those of BTC.
"Is there concern about a continued bear market and buy the dips ETH around $3,000?" Yi Lihua believes the four-year cycle pattern has become invalid, making now the best time to buy the dips crypto, especially ETH. Stablecoins and on-chain financial services based on US Treasury bonds present huge opportunities, and ETH will be the biggest beneficiary. Regarding the safety of leveraged ETH positions, Yi Lihua stated that they are fully prepared and can repay most borrowed positions at any time; ETH is absolutely safe above $1,000.
"Why rush to buy the dips instead of waiting for an even lower price?" Yi Lihua stated that no one can accurately buy the dips bottom, 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 said that the market is a mix of bulls and bears, and he will consider and learn from reasonable viewpoints from all sides, while ignoring extreme or low-quality exposure.
"Why did you frequently update your Twitter to be bullish on ETH and then sell off your holdings at $4,500?" Yi Lihua stated that he has a long-term bullish view on ETH, and the $4,500 sale was a response to short-term risks. He emphasized that the operation was transparent and aimed to acquire more ETH, not to take over the losses. He noted that ETH's total market capitalization is $360 billion, and even one of the world's largest ETH investors cannot influence the trend; everything is done in accordance with the trend.
