Yi Lihua, founder of Liquid Capital, has expressed confidence in Ethereum's (ETH) stability above $1000, addressing concerns about position safety amid market fluctuations. Responding to queries on the X platform, Yi highlighted that despite ETH's current price being lower than its previous peak, the upcoming interest rate cut cycle is expected to trigger a crypto bull market, with ETH potentially outperforming Bitcoin (BTC).
Yi dismissed fears of a prolonged bear market, citing the ineffectiveness of the traditional 4-year cycle pattern due to factors like interest rate cuts and stablecoin globalization. He emphasized that now is an opportune time to invest in crypto, particularly ETH, which he believes will benefit significantly from on-chain financial services and stablecoin growth. Yi reassured investors about the safety of leveraged ETH positions, stating that Liquid Capital is well-prepared to manage any potential risks.
Yi Lihua Asserts ETH Safety Above $1000 Amid Market Volatility
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