LD Capital Founder: ETH Target $5000, Emphasizes Bull Market and Adjustment Strategy
According to Hash Chain News, LD Capital founder Yi Lihua tweeted that after ETH broke through the $4000 double top resistance, the new target is set to break through the $5000 new high and catch up to the BTC exchange rate of $10,000. Of course, the rise will not be a straight line; it is necessary to adhere to the bull market trend and add positions during pullbacks. At the same time, he expects the upcoming interest rate cuts to bring 'altcoin season' for quality investment opportunities. Yi Lihua pointed out that Ethereum's recent brief breakthrough of $4200 aligns with the situations of the bull markets in 2017 and 2020; only ETH can bring investors back to the bull market. Holding ETH and not shorting it will ensure that one does not miss this round of bull market.