TechFlow News: On January 24, Yi Lihua, founder of Liquid Capital (formerly LD Capital), responded to questions regarding his ETH long strategy:
Regarding the question “Why is ETH trading below its previous all-time high while BTC has surpassed its prior peak?”, Yi Lihua stated that this cycle occurs amid an interest-rate hiking environment. Although BTC has broken out to a new all-time high, the broader crypto market has performed poorly—making this the most challenging four-year period for crypto. In the upcoming rate-cutting cycle, he believes a crypto bull market is imminent—and ETH will outperform BTC, as it has in past bull markets.
On “bottom-fishing ETH near $3,000 and concerns about further downside in a bear market,” Yi Lihua argued that the traditional four-year cycle pattern has become obsolete, and the current moment represents the optimal time to accumulate crypto—especially ETH. He highlighted massive opportunities in onchain stablecoin and U.S. Treasury services, with ETH poised to be the greatest beneficiary. Regarding the safety of leveraged ETH positions, he confirmed thorough preparedness: most borrowed positions can be repaid at any time, and ETH remains absolutely safe as long as its price stays above $1,000.
On “Why rush to buy now instead of waiting for lower prices?”, Yi Lihua noted that no one can precisely time the bottom; even the last BTC bull market illustrates how narrow the gap between timing choices actually is. The core point, he emphasized, is that the current zone already constitutes a bottom—so if you don’t buy, the market will. Institutional scale exerts only limited influence on trend direction. Regarding “short-biased KOLs mocking longs,” he stated that both bulls and bears coexist in markets; he considers and learns from reasonable viewpoints across the spectrum, while ignoring extreme or low-quality attention-seeking behavior.
On “frequent bullish ETH tweets and the rationale behind the $4,500 profit-taking target,” Yi Lihua affirmed his unwavering long-term conviction in ETH. The $4,500 exit point serves as a risk-management measure for the current phase—transparently executed not to dump into weak hands but to free up capital for acquiring more ETH. He noted ETH’s total market cap stands at $36 billion; even as one of the world’s largest ETH investors, his influence on market trends remains negligible—everything follows the trend.
