Yi Lihua, the founder of Liquid Capital (formerly LD Capital), stated on X platform: "The adjustment is about to end, ETH is about to turn around, the macroeconomic fundamentals are perfect, adhere to the bullish trend investment, especially in the case of a possible 50 basis point rate cut, still set 4100-4300 as the best bottom fishing range."
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Yi Lihua: Ethereum's adjustment is about to end
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The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.
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