Yi Lihua: ETH is seriously undervalued and will be held for a long time, and will not swing again in the short term

On December 10, Yi Lihua, founder of Liquid Capital (formerly LD Capital), posted, “For long-term spot investment, a few hundred dollars makes no difference. The reason why ETH is currently far undervalued is that from a macro perspective, it is expected to cut interest rates and release water, and crypto-friendly policies continue. From the perspective of the industry, stablecoins have grown for a long time, and the trend of financial on-chain has increased. ETH’s fundamentals are already completely different, and these factors are also the reasons for the heavy WLFI/USD1 position. The rest of the time after the full position is left to the time, and there will be no further swing in the short term. Finally, I said again that the spot fluctuation is large enough, try not to play contracts, first, most people are not professional in technology and psychology. second, contracts, as a game of nine losses and one win, will drain people’s energy, and it is better to expand off-market business with this energy.”