Market Uncertainty Affects Cryptocurrency Strategies

According to Odaily, Yi Lihua has expressed that it is impossible to perfectly time the market's lowest and highest points. He suggests buying spot Ethereum between $3000 and $3300, advising against engaging in contracts due to the unclear market situation. Recent developments, such as Japan's interest rate hikes and the U.S. interest rate cuts, along with the AI bubble and the U.S. economic conditions, have contributed to a decline in U.S. stocks, causing Ethereum to briefly fall below $3000. Yi emphasizes maintaining spot holdings, noting that the volatility in the cryptocurrency market is significant enough that only top-level professionals should consider trading contracts.