According to Mars Finance, on March 23, Yi Lihua, founder of Liquid Capital (formerly LD Capital), wrote, "The Middle East war is prolonging more than expected, although this is very unlike Trump's style. Under these circumstances, oil prices continue to rise, and the only strategy for all assets is hedging. Fortunately, we are only looking at rebounds, not reversals, and after triggering stop-loss orders, we are patiently waiting for the situation to become clearer. Since the 10/11 incident, liquidity in the entire crypto industry has continued to decline. 10/11 wiped out the most active middle-class crypto investors, and various trading restrictions imposed by leading platforms have pushed market enthusiasm to rock bottom. Normal rebounds after sharp declines have disappeared. However, this extreme low point will also present the biggest buy the dips opportunity this year, just like when BTC fell to $16,000 last time. Whether buy the dips at $16,000 or $20,000 makes little difference."
Yi Lihua: After the stop-loss was triggered, we are waiting for the situation in Iran to become clearer. This year's extreme low point will be the biggest buy the dips opportunity.
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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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