Yili Hua: Short Sellers Enter the Most Frenzied Dumping Phase, ETH's Fluctuations of Hundreds of Dollars Are Within Normal Range

Odaily News Yili Hua posted, stating: "The market has been quite volatile these past few days. From our investment research perspective, short sellers have entered the most frenzied dumping phase, but this cannot affect the overall bull market trend. Especially against the backdrop of the sustained strength of US stocks and the US national crypto strategy, we will not be swayed into changing our investment strategy. Moreover, in the last cycle, we achieved nearly a 2.5x return on ETH and also experienced the process of a pullback from 2800 to 2100 due to the Middle East black swan event. Fluctuations of a few hundred dollars are within the normal range. As a long position holder in this cycle who has recently been joked about across the entire internet, experiencing fluctuations of hundreds of millions of dollars while sleeping, the state is like a rollercoaster. However, the greater the storm, the more valuable the fish. Besides, there's no such thing as a 100% guaranteed profit in investment. In a word, our consistent and diligent operation is to deploy various strategies to accumulate more ETH during dips. Recently, safe-haven funds have been flowing into the gold and silver markets, but there will certainly be a moment for profit-taking and capital rotation. The lowest ebb for the crypto industry will eventually pass."