BlockBeats News, February 2nd, Yi Lihua, founder of Liquid Capital (formerly LD Capital), posted on social media: “As the person under the most pressure on the entire network right now, I must first admit: it was indeed a mistake to be overly bullish on ETH too early after clearing out at the top, because BTC is around 100,000 and ETH has been at 3000, which we believe is undervalued. Currently, after the profit-taking in the last round, our position determines our thinking. While controlling risks, we continue to wait for the market to move upward. Thank you all for your concern. Investment and trading are the most difficult; being in the industry, I always can’t help but remain bullish.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum falls below the key $2000 level: $1920 support is under threat, ETH may short-term dip to $1800
Ethereum's recent price has come under pressure, breaking below the $2000 support level, currently testing the key support at $1920. Market sentiment is cautious, and technical indicators show that bearish momentum is dominant. If it fails to break through $2020, the price may further decline to $1880 or even $1750. Investors are watching for changes in overall market sentiment.
GateNews25m ago
Solana stablecoin settlement surpasses $650 billion: Funds flow out of Ethereum, on-chain USD payment landscape is changing
Stablecoins have seen a significant increase in blockchain settlement volume, with the Solana network performing outstandingly, reaching $650 billion in transfers by 2026. Their applications have expanded to cross-chain settlements, DeFi collateral, and other areas, with market attention on stablecoins becoming increasingly focused on their role as an important payment layer. User engagement has increased, and stablecoins are transforming into the foundational infrastructure for blockchain payments.
GateNews29m ago
The Truth About XRP and Ethereum: Blockchain Utility and Token Value Are Not the Same
A common misunderstanding in the crypto space is the idea that a blockchain and its token are automatically the same thing in terms of value. Many investors treat them as interchangeable, assuming that if the underlying network has strong technology or adoption, the token itself must follow
CaptainAltcoin30m ago
Hidden "Death Spiral" Risk! Ethereum and Bitmine targeted by short-selling institutions
Ethereum is about to undergo a major upgrade, and the market is highly focused on it. However, short-selling firm Culper Research believes that the Ethereum economic model is failing and warns of a potential "death spiral." They point out that a significant drop in transaction fees and shrinking staking rewards will impact network security. The report also mentions Vitalik Buterin selling Ethereum and questions the market fundamentals, suggesting that Ethereum is facing a new reality.
区块客34m ago
Quantum computing impacts the security of encrypted wallets? Research suggests post-quantum cryptography may force trading platforms to rebuild wallet systems
With the development of quantum computing technology, blockchain security faces challenges. Currently, mainstream layered deterministic wallets may become ineffective in post-quantum cryptography, forcing custodial institutions to reconstruct their security models. Researchers have proposed new wallet architecture prototypes to adapt to the post-quantum environment, maintain private key security, and generate new public keys to ensure system stability.
GateNews1h ago
