Yili Hua: As long as the ETH price is above $1,000, the position is absolutely safe

Odaily News Yili Hua posted, stating that in the upcoming interest rate cut cycle, ETH's gains will outperform BTC. The four-year cycle pattern has become invalid, and now is the best time to buy the dip in the crypto market; ETH will be the biggest beneficiary of this bull run. Regarding his ETH leveraged position, he indicated he is fully prepared and can repay most of the borrowing at any time. As long as the ETH price stays above $1,000, the position is absolutely safe. Furthermore, he stated that his previous liquidation at $4,500 was to prepare for buying more ETH later, not to call for others to take over the position, as his individual scale cannot influence ETH's trend.