TechFlow News: On February 2, Yi Lihua, founder of LD Capital, posted on social media: “As arguably the person under the most pressure across the entire internet right now, I must first acknowledge: Going long on ETH too early after selling at the top was indeed a mistake—BTC was hovering around $100,000 while ETH remained stuck at $3,000, leading us to believe ETH was undervalued. Currently, we’ve given back the profits from the previous cycle; our position size dictates our strategy. While managing risk carefully, we continue waiting for an upward market move. Thank you all for your concern. Investing and trading are the hardest endeavors—being immersed in this industry inevitably leads one to constantly lean bullish.”
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