Liquid Capital founder Jackyi Yi has indicated that Japan's recent interest rate hike marks the end of significant negative factors impacting the market. Yi suggests that the current market volatility is largely due to contract-driven activities, particularly from short sellers. However, he views these as short-term phenomena, with the market poised for a bullish trend.
Yi forecasts that the crypto industry will benefit from three key positive developments next year: favorable crypto policies, anticipated interest rate cuts and monetary easing, and a shift towards blockchain finance. He emphasizes that while volatility is inevitable, it presents opportunities for substantial returns, urging investors to focus on long-term gains rather than short-term fluctuations.
Japan's Rate Hike Signals End of Negative Factors, Crypto Industry Poised for Growth
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