PANews August 9 news, LD Capital founder Yi Lihua tweeted that after ETH broke through the double top resistance level of 4000 USD, the new target is to break through the new high of 5000 USD and catch up with the BTC exchange rate of 10,000 USD. Of course, the rise will not be a straight line; one must adhere to the bull market trend and the strategy of accumulating during corrections, while the expectation of interest rate cuts will lead to a quality altcoin season.
Ethereum then rose and briefly broke through 4200 USD, indicating that such performance aligns with the bull market situations of 2017 and 2020. Only ETH can bring investors back to the bull market. Holding ETH and not shorting it will ensure that this round of the bull market is not missed.
