Liquid Capital founder Yi Lihua argued in an announcement on X that Ethereum (ETH) has all the time outperformed Bitcoin (BTC) in rate of interest minimize cycles.
“As we anticipated, ETH has began focusing on new highs in opposition to BTC after surpassing its all-time excessive. The goal for ETH is $10,000,” Lihua stated.
Based on Lihua, in the course of the rate of interest minimize course of, not solely ETH but additionally different main cryptocurrencies equivalent to SOL, TON, LTC, together with tokens equivalent to ENA, AAVE, Pendle, UNI, that are robust initiatives within the ecosystem, are exhibiting an upward pattern.
Lihua issued a warning to traders, saying, “I am reminding you once more: keep away from quick positions and purchase on pullbacks. Do not be afraid of excessive costs in a bull market, however do not use excessive leverage and be cautious of short-term corrections. Additionally, give attention to exploring OTC earnings alternatives.”
Nevertheless, the worth of Ethereum lately broke its all-time excessive. Following Jerome Powell’s speech in Jackson Gap, which was interpreted in a dovish gentle, the worth of ETH skilled a big surge.
*This isn’t funding recommendation.
