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Yi Lihua: Approaching September rate cut, unless major issues arise in US stocks, it is a bullish trend with upward trading opportunities
Summary: In a recent post on X platform, Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated that August has been a slow trading season due to the US financial holiday, historically with poor performance in crypto. With the upcoming speech by Fed Chair Powell and the decline in US stocks, ETH has shown impressive ...
In a recent post on X platform, Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated that August has been a slow trading season due to the US financial holiday, historically with poor performance in crypto. With the upcoming speech by Fed Chair Powell and the decline in US stocks, ETH has shown impressive performance, providing a good opportunity to buy low. As the 25 basis point rate cut in September approaches, unless major issues arise in US stocks, it presents trading opportunities in the bullish trend.
Key macro focuses include US stock risks, crypto policies, Trump vs. the Fed, stablecoins, industry attention on the next ETF, Defi regulations, and coin projects.
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Link: Yi Lihua: Approaching September rate cut, unless major issues arise in US stocks, it is a bullish trend with upward trading opportunities [Copy]