Liquid Capital founder Yi Lihua posted on the X platform: "Everyone is puzzled. We are buying heavily, BMNR and MicroStrategy are buying, and CZ is calling for a super bull market cycle, but the price of cryptocurrencies remains weak and volatile. What is the reason? After all, the stock market and gold/silver have gone crazy. In our view, there are several main reasons: one is the impact of the four-year cycle and the October 11 crash; another is the impact of the yen interest rate hike; another is the lack of new purchases by the US BTC strategic reserve; another is the short sellers taking advantage of this opportunity to dump the market; and another is the safe-haven funds in gold, silver, and the stock market. However, analyzing from the opposite perspective, even with so many negative factors, ETH is still stable around $3,000, fluctuating and consolidating. This is why we decided to build a position after clearing our position at $4,500. Many people suggested that we wait and buy, as there will be a better entry point. However, there is no God's-eye view in investment trading. It is difficult to know what the lowest point is. The difference between investment and speculation is that it is difficult to do short-term trading. Even if there are considerable floating profits, we do not move. We determine our buying and selling strategies based on medium- to long-term timeframes."
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