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Yi Li Hua: Continues to be optimistic about the upcoming market trends; cryptocurrencies are relatively undervalued compared to the NASDAQ.
BlockBeats News: On November 7th, Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated, “We remain optimistic about the upcoming market trends and buying strategies. We believe there is a 20% chance of a deep correction, a 50% chance of wide-ranging volatility with Bitcoin returning to $116,000 and Ethereum back to $4,000, and a 30% chance of a short squeeze leading to a breakout before the end of the year, surpassing $5,000. This outlook is supported by expectations of interest rate cuts and government stimulus, the current structural correction in the US stock market with minimal risk of a sharp decline in the short term, and the ongoing AI bubble in its early to mid-stage, driven by US national policies and strong corporate earnings. Meanwhile, cryptocurrencies are relatively undervalued compared to the NASDAQ, so there’s no need to panic—confidently buy in. Everyone is their own investment and trading god; no one is right 100% of the time.”