Yi Lihua: ETH is severely undervalued; short-term swing trading is not recommended.
TL;DR
Yi Lihua认为ETH因宏观政策和行业趋势被严重低估,适合长期现货投资,不建议短期波动交易或期货,因其高风险且消耗精力。
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PANews reported on December 10th that Liquid Capital founder Yi Lihua stated: "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 the trend of on-chain finance is strong. 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."