According to Odaily Planet Daily, Wang Feng, founder of Linekong Interactive, stated on the X platform that market sentiment for Bitcoin and Ethereum cannot be viewed in isolation. Bitcoin is currently trading sideways around $120,000, with minimal volatility and no major selling. This leaves ample room for Ethereum to continue its upward trend after breaking through $4,000, with projections of a rise to at least $5,000. Similarly, Ethereum and the broader crypto market are inseparable. The cryptocurrency autumn is expected to begin, with DeFi, RWA, and memes taking off.

Earlier news, Linekong Interactive announced the establishment of the LK Crypto Division to coordinate its overall strategy and asset allocation in the Web 3 and RWA fields.