PlanB: Four-Year Cycle Law Is Broken, Now Is the Best Time to Buy the Dip
BlockBeats News, January 24th, Liquid Capital (formerly LD Capital) founder Daniel Wang responded to his ETH long strategy as follows:
Regarding "ETH below the previous peak, BTC above the previous peak?" Daniel Wang said that this round is in a tightening cycle, BTC has broken a new high, but the overall performance of the crypto market is poor, making this the most difficult phase in the past four years. With the arrival of the easing cycle, he is optimistic about the start of a bull market, and ETH is expected to outperform BTC, as historical bull markets have also shown that ETH's gains outpace BTC's.
"Concerned about ETH bottoming near $3000 and the possibility of a further bear market drop?" Daniel Wang believes that the four-year cycle rule is no longer valid, and now is the best time to bottom out in crypto, especially ETH. The opportunity for stablecoins and US Treasury bond on-chain financial services is huge, and ETH will be the biggest beneficiary. Regarding the safety of ETH leveraged positions, Daniel Wang stated that he is fully prepared and can repay most of the leveraged positions at any time, with positions above $1000 being absolutely safe.
"Why rush to buy the dip instead of waiting for a lower price?" Daniel Wang said that no one can perfectly time the bottom, and the previous BTC bull market example also shows little difference. The key is that the current range is already the bottom, not buying into the market means still indirectly buying in, and institutional volume has limited impact on the trend. Regarding how to view bearish KOLs mocking the bullish sentiment, he mentioned that both bullish and bearish views coexist in the market, and reasonable opinions will be considered for learning, while extreme or low-quality exposure will be ignored.
"Why frequent updates on Twitter calling for ETH bulls and liquidation at $4500?" Daniel Wang stated that he has a long-term and firm belief in ETH. Liquidating at $4500 is to address temporary risks, with transparent operations aimed at acquiring more ETH rather than offloading to others. He mentioned that ETH's total market cap is $360 billion, and even as one of the largest ETH investors globally, he cannot influence the trend. All actions are taken in line with the trend.
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