Yi Lihua: Both the macroeconomic environment and technical indicators suggest that we are currently at the dawn before a major crypto bull market.
Liquid Capital founder Jack Yi (易理华) posted on the X platform, stating: "The US, China, and South Korea are the three main markets for the crypto industry, and all three stock markets are currently in a bull market. Large funds are mainly in the stock market and even heavy metals (gold, silver, rare earths, etc.). Coupled with the impact of the interest rate hike cycle and the fact that blockchain technology's impact on reality is not as expected, since Bitcoin reached $69,000 in 2021, a full four years have passed. BTC has only seen a slight increase, and ETH is far below its high four years ago. This should be considered a disappointing four years for crypto investors. However, bull markets often emerge from periods of despair, especially with the arrival of interest rate cuts, the globalization of stablecoins, crypto-friendly policies, and the application of blockchain in finance. From both a macroeconomic perspective and technical analysis, we are currently at the dawn before a major crypto bull market. Be greedy when others are fearful; the bull market may be slow, but when it arrives, it will be even more spectacular." He also strongly agrees with CZ's comments on crypto...