Yi Li Hua: Bullish on Future Price Movements, Cryptocurrency Currently Undervalued Compared to Nasdaq

On November 7th, Daniel Li, the founder of Liquid Capital (formerly LD Capital), posted, saying, "We are continuously optimistic about the future market and the buying strategy. We believe that there is a 20% probability of another significant retracement. There is a 50% probability that BTC will retest $116,000 and ETH will retest $4,000 with wide fluctuations. There is a 30% probability that by the end of the year, a short squeeze rally will start and break through to a new high above $5,000. This is due to the expectations of interest rate cuts and the news of the government reopening. Also, observing the current structural pullback in the US stock market, with a very low probability of a sharp decline in the short term. The key point is that the AI bubble is still in its early to middle stage. It is being actively promoted as a national strategy in the US, coupled with strong performance in the financial reports of major companies. Cryptocurrency is relatively undervalued compared to the Nasdaq, so there is no need to panic. Stay firm in buying. Everyone is the god of their own investment and trading in their hearts, and no one is always 100% correct."