Yi Lihua: ETH's pullback to $3000-$3300 presents the "best buying opportunity."
According to Odaily Planet Daily, Yi Lihua, founder of Liquid Capital (formerly LDCapital), posted on the X platform that the US stock and cryptocurrency markets have recently experienced significant declines due to weakening expectations of a December interest rate cut. However, his team still believes that the $3,000 to $3,300 range for ETH is the "optimal entry point." He mentioned that he had previously held positions when ETH fell to around $2,700, but the psychological pressure from the market correction led him to reduce leverage to mitigate risk before ETH fell below $3,000 in this round of trading. In this round of operations, he stated that he will primarily focus on spot trading, no longer using leverage, and plans to continue adding to his ETH position during subsequent adjustments, patiently waiting for the market to develop.
