Yi Lihua: ETH is severely undervalued; short-term swing trading is not recommended.
Liquid Capital founder Yi Lihua wrote: "For long-term spot investment, a few hundred dollars makes no difference. The reason ETH is currently significantly undervalued is, from a macro perspective, due to expectations of interest rate cuts and monetary easing, and continuous crypto-friendly policies. From an industry perspective, stablecoins have long-term growth potential, and there's a trend towards on-chain finance. ETH's fundamentals are completely different now, and these factors are also the reason for heavily investing in WLFI/USD1. After going all in, I'll leave the rest to time; there won't be any more short-term fluctuations. Finally, I want to reiterate that spot volatility is high enough; try to avoid futures trading. First, most people lack the technical and psychological expertise. Second, futures trading is a nine-out-of-ten-win game that will drain your energy; you'd be better off expanding your over-the-counter business."