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Yi Li Hua: ETH is severely undervalued, will hold long term, no longer scalp in the short term
BlockBeats News, December 10th, Liquid Capital (formerly LD Capital) founder Li Hua expressed in a post that "For long-term spot investment, a difference of a few hundred dollars does not matter. The current undervaluation of ETH is mainly due to the expectation of interest rate cuts and monetary easing from a macro perspective, as well as the continuous crypto-friendly policies. Looking at the industry, stablecoins are experiencing long-term growth, and there is a trend of financial on-chainization. ETH's fundamentals have completely changed, and these factors are also the reason for a heavy position in WLFI/USD1. After going all in, the rest is left to time, and there will be no more short-term trading. Finally, emphasizing that spot market fluctuations are large enough, so try to avoid trading on contracts. One reason is that the technical and psychological aspects of most people are not professional. Second, as trading contracts is a game where one out of nine wins, it will drain people's energy. Instead of focusing on that, it's better to expand off-chain businesses."
Previously reported, according to on-chain analyst Auntie AI's monitoring, Liquid Capital (formerly LD Capital) founder Li Hua entered this round at $2700 for ETH, which has already risen by 22.2%. He openly stated on Twitter that he is fully invested, mentioning six tokens, with 5 in an upward trend. Among them, ETH has the highest increase (22.2%), followed by BTC (7.11%), and the only one in a loss position is ASTER (-19.78%).
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