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Yi Li Hua: Currently maintaining spot position unchanged, still considering $3000-3300 as the spot bottoming zone
BlockBeats News, November 18th, Liquid Capital (formerly LD Capital) founder Chris Li posted on social media:
「In the first half of the year, I started buying the dip at $1800, and it eventually dropped to $1350. I called for buying the dip at around $1450, and I sold out around $4500 to take profit. Later, the price went up to $4700. No one can perfectly buy the lowest dip and sell at the highest top.
This time, I suggest buying the spot at $3000-$3300, do not use contracts. The situation is still unclear. In these few days, there were changes in Japan's rate hike, the U.S. rate cut, AI bubble, U.S. economy, leading to a stock market decline, causing ETH to briefly drop below $3000. However, we hold onto our spot position. Once again, I remind everyone that the spot market in the crypto circle is volatile enough. Non-professional players should not participate in futures trading.
After observing these days, as the U.S. stock market continues to decline, crypto will also continue to fall. A further 10% drop in BTC and ETH is normal. However, we choose to stay put and wait. Sharing sincerely is also a kind of joy. No one can be 100% correct.」
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