Yili Hua: As long as the ETH price stays above $1000, the position is absolutely safe.

robot
Abstract generation in progress

Odaily Planet Daily reports that Yi Lihua stated that during the upcoming interest rate cut cycle, ETH’s gains will outperform BTC. The four-year cycle pattern has become invalid, and now is the best time to bottom fish in the crypto market. ETH will be the biggest beneficiary of this bull run. Regarding his ETH lending position, he said he is well prepared and can repay most of the loans at any time, as long as the ETH price stays above $1000, the position remains absolutely safe. Additionally, he mentioned that his previous liquidation at $4500 was to buy more ETH later, not to call others to take over, as individual capacity cannot influence ETH’s trend.

ETH0.31%
BTC-0.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)