Wilshire Phoenix: Four-Year Cycle Law is Broken, Now is the Best Time to Buy the Dip

On January 24, Yi Lihua, founder of Liquid Capital (formerly LD Capital), addressed his long ETH strategy in a response to market questions. Regarding the query “ETH below its prior cycle peak while BTC is above its prior cycle peak?” Yi noted the crypto space is currently in a tightening cycle: even as BTC hits a new high, the broader market is underperforming, marking the toughest phase in the past four years. He’s bullish on a new bull run once the easing cycle kicks off, expecting ETH to outperform BTC (a trend seen in historical bull markets where ETH outgained BTC). When asked about “fearing further downside after buying ETH dips around $3,000?” Yi argued the four-year cycle pattern is no longer valid, calling the current moment the best dip-buying opportunity in crypto—especially for ETH. He highlighted huge growth potential in on-chain financial services for stablecoins and U.S. Treasuries, with ETH set to be the biggest beneficiary. On leveraged ETH position safety, Yi said he’s fully prepared to repay most borrowed positions at any time, adding ETH’s price above $1,000 is “absolutely safe.” For “why rush to buy dips instead of waiting for lower prices?” Yi stated no one can time the bottom perfectly—citing past BTC bull runs where timing differences barely mattered. The key, he said, is the current range is already a bottom; waiting will still lead to entering the market, and institutional volume has limited impact on long-term trends. Regarding “bearish KOLs mocking bulls,” Yi noted bullish and bearish views coexist in the market: he’ll consider reasonable takes for learning but ignore extreme or low-quality clickbait. On “why frequent Twitter updates pushing ETH bullishness and liquidating at $4,500?” Yi emphasized his long-term, unwavering belief in ETH. The $4,500 liquidation was to mitigate temporary risks, with the move fully transparent—aimed at accumulating more ETH, not offloading risk. He noted ETH’s total market cap is $360 billion; even as one of the world’s largest ETH holders, he can’t sway trends, so he acts in line with market momentum.