Yili Hua: It's Not Advisable to Exit Easily During a Bull Market, Trading Infrastructure and DeFi May Experience a Surge
Yili Hua, founder of Liquid Capital, stated that after the Federal Reserve raised interest rates, Bitcoin briefly fell below $76,000 but continued to rise. He emphasized that one should not short during a bull market trend, and investors need to consider various factors, only exiting easily towards the end of the bull market. Yili Hua pointed out that as the bull market progresses, trading infrastructure and on-chain finance will experience a surge, advising investors to avoid chasing narrative-driven projects and follower projects during this cycle.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

XRP ETFs extend a 13-week inflow streak as Bitcoin, Ethereum and Solana funds shed $1.25 billion

Zcash to Implement Post-Quantum Signature Opcodes in January

Ethereum: Adam Back accuses its creators of ignoring his warnings

Saylor: AI Will Amplify Bitcoin's Value

What happens when crypto trades stocks while Wall Street sleeps?

CleanSpark Secures $2.276 Billion Financing to Expand Data Centers, Holds 13,530 BTC and Sells 702 BTC

Wall Street Invests Billions in Bitcoin, Individuals Hold 66% of Supply

China Creates National Blockchain Network, Rejects Bitcoin

Weekly: Over $1 Trillion with Elon Musk, USDC in Samsung, $1 Billion Investigation into Chinese Syndicate, and AI Threat to Cryptography

Bitwise Sees Bitcoin Reaching Gold Valuation

Gold: Central Banks Buy 39 Tons in August, China Leads

Bitcoin companies are learning that holding forever takes cash

Sam Altman Invests in Life Insurance Paid in Bitcoin

Fact or Fiction: Bitcoin Always Protects Your Wealth During Global Unrest

Fugitive since 2022 for bitcoin scams in Salta, arrested in Australia and will be extradited next week

How Pearl, an L1 Blockchain, Prices GPU Computing Power with a Surge of Over 7 Times from a Low Point?

Bitwise CIO Suggests Bitcoin Market Cap Could Reach $30 Trillion

Possibility of Reopening China's Digital Asset Market, Solana CEO Predicts Supercycle

Investors Withdraw 56.1 Million USD from Ethereum ETFs on October 9

Being right about Bitcoin won’t save your 3x leveraged ETF position

Token $EWZ, from the iShares MSCI Brazil ETF, is now available on Solana via Sunrise

Bitcoin: One Year After Massive Liquidations, the Market Remains Under Pressure

New Brazilian brokerage emerges at the same address as Brasil Bitcoin, with the same partners and holds key domain: understand the tension involving the exchange's leadership

Government Seizes 1,230 Bitcoin from Raheim Hamilton

Quantum Computers Pose Risk to Bitcoin, But Not the End

Luxor’s reported 6–13% annualized Bitcoin yield depends on mining delivery

Hedge Funds' Net Exposure to Seven Giants Reaches 22%, a Record High

Justin Sun Announces Implementation of Quantum Cryptography on Nile Testnet

L2 Cools Down, PoW+AI Rises? Analyzing TOKEN2049's Focus Project Pearl










