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Yi Li Hua: The 60-day bear market in the crypto market may be coming to an end, with a continued positive outlook for the future market.
BlockBeats News, December 3rd, Liquid Capital (formerly LD Capital) founder Yi Lihua posted on social media, saying: "Although BTC returned to $93,000, BCH hit a recent high, WLFI also surged and stabilized, ETH and the overall market lagged behind the stock market and macro bullish environment. With another crypto-friendly new chair (Federal Reserve) confirmed following the SEC chair, the 60-day bear market in the crypto market may come to an end. This 60-day bear market was caused by the "1011" flash crash, leading to a significant industry-wide liquidity crunch, along with the four-year cycle resonance, Japanese interest rate hike, government shutdown, and other factors. However, these bearish factors have now been absorbed. With expectations of interest rate cuts and a positive crypto policy, the future market outlook remains optimistic. Investing always requires not only wisdom but also patience."
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