Express
Yi Lihua: Current Stage Marks Dawn Before Crypto Bull Market, Agrees with CZ's Super Cycle View
Summary: Yi Lihua, founder of Liquid Capital (formerly LD Capital), shared on social media that China, the US, and South Korea are the three main markets in the crypto industry, coincidentally all experiencing bull markets. However, despite Bitcoin's slight increase since hitting $69,000 in 2021, ETH has not surpassed its high point from four years ago, ...
Yi Lihua, founder of Liquid Capital (formerly LD Capital), shared on social media that China, the US, and South Korea are the three main markets in the crypto industry, coincidentally all experiencing bull markets. However, despite Bitcoin's slight increase since hitting $69,000 in 2021, ETH has not surpassed its high point from four years ago, leading to what could be considered a disappointing four years for crypto investors. Nevertheless, bull markets often emerge during times of despair, especially with the impending interest rate cuts, global stablecoin adoption, crypto-friendly policies, and financial on-chain applications. Both macro environment and technical indicators suggest that the current stage marks the dawn before a major crypto bull market. Yi Lihua also agrees with CZ's prediction of an upcoming crypto super cycle, with industry leaders like BMNR, Strategy, Tether, Binance, and USD1 continuing to buy in.
Tags:
Link: Yi Lihua: Current Stage Marks Dawn Before Crypto Bull Market, Agrees with CZ's Super Cycle View [Copy]