Yilihua: Remains optimistic about the upcoming market; cryptocurrencies are undervalued compared to the Nasdaq.
Jinse Finance reported that Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated in a post: "We remain optimistic about the upcoming market trend and buying strategy. We believe there is a 20% probability of another deep correction, a 50% probability of wide-range consolidation with BTC returning to $116,000 and ETH returning to $4,000, and a 30% probability of a short squeeze rally breaking through a new high of $5,000 by the end of the year. First, there are expectations of interest rate cuts and government policy support. Second, the current correction in the US stock market is structural, with a very low probability of a sharp decline in the short term. The core is that the AI bubble is still in its early to mid-stage and is being promoted as a national policy in the US, coupled with strong earnings reports from major companies. Meanwhile, cryptocurrencies are undervalued compared to the Nasdaq, so there is no need to panic—buy with conviction. Everyone is their own investment and trading god; no one can be 100% correct."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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