Yilihua: Macro and Policy Expectations Disappointed Coupled with Cyclical Factors May Lead to Correction Exceeding Original Plan

Odaily News Liquid Capital founder Yili Hua stated in a Binance Square live stream that this year's market pressure is related to the confluence of multiple factors, including the unfulfilled expectations of Federal Reserve interest rate cuts, conflicts in the Middle East situation, the delayed passage of crypto reform bills, and the disappointment of previously discussed market expectations such as "BTC national strategy." Coupled with the four-year cycle factor, he believes the extent of this round of correction may exceed the original plan. However, he simultaneously emphasized that from a long-term perspective, his view on ETH remains unchanged, with the short-term volatility amplification being more a result of the external financial environment and cycles.