Famous Analyst Says "Ethereum Outperforms BTC in Rate Cut Cycles", Reveals ETH Price Target

Liquid Capital founder Yi Lihua argues in a statement on X that Ethereum (ETH) has always outperformed Bitcoin (BTC) during rate cut cycles.

"As predicted, ETH has started targeting new heights compared to BTC after surpassing its all-time high. The target for ETH is $10,000," Lihua said.

According to Lihua, during rate cuts, not only ETH but also other major cryptocurrencies such as SOL, TON, LTC, along with tokens like ENA, AAVE, Pendle, UNI, which are strong projects within the ecosystem, are showing an upward trend.

Lihua has issued a warning to investors: "I reiterate once again: avoid short positions and buy on dips. Don’t fear high prices in a bull market, but don’t use high leverage and be cautious of short-term corrections. Additionally, focus on finding OTC income opportunities."

However, the price of Ethereum has recently broken its all-time high. After Jerome Powell's speech at Jackson Hole, interpreted in a dovish manner, the price of ETH surged significantly.