Yilihua: ETH is severely undervalued, no more swing trading in the short term

ChainCatcher News, Liquid Capital (formerly LD Capital) founder Li Hua Yi stated, "For long-term spot investments, a difference of a few hundred dollars doesn't matter. ETH is currently significantly undervalued. From a macro perspective, this is due to expectations of interest rate cuts and ongoing crypto-friendly policies. From an industry perspective, there is long-term growth in stablecoins and a trend of financial assets moving on-chain. The fundamentals of ETH are now completely different, and these factors are also why I am heavily invested in WLFI/USD1."

"After going all in, the rest is up to time; I won't be trading in the short term anymore. Finally, I want to reiterate that spot price fluctuations are already significant enough, so try not to play with contracts. First, most people lack the technical skills and psychological preparedness. Second, contracts are a game where nine out of ten lose, which drains your energy. That energy would be better spent expanding your off-exchange business."