TechFlow news, July 16: Yi Lihua, founder of LD Capital, posted on social media saying, "CPI has delayed rate cut expectations, U.S. stocks show signs of peaking, risks from the Russia-Ukraine war are increasing, and cryptocurrency legislation is temporarily stalled. Given multiple macro uncertainties, ETH rising over 50% in the short term has met our expectations. We choose to be fearful at the FOMO peak. From investment and transaction volume perspectives, we plan to take a break for now and wait until clarity emerges before re-entering. However, the long-term bull market trend remains unchanged."
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