BlockBeats News, January 24th, Liquid Capital (formerly LD Capital) founder Daniel Yan responded to his ETH long strategy as follows:
Regarding “ETH below the previous cycle high, BTC above the previous cycle high?” Daniel Yan stated that this cycle is in a tightening phase, with BTC breaking to a new high, but the overall crypto market is performing poorly, making this the most difficult stage in the past four years. With the loosening phase approaching, he is optimistic about the start of a bull market, and ETH is expected to outperform BTC, as historical bull markets have also shown ETH’s gains surpassing BTC’s.
“Concerned about buying the dip near $3000 for ETH and fearing further bear market decline?” Daniel Yan believes the four-year cycle pattern is no longer valid, and now is the best time to buy the crypto dip, especially for ETH. The opportunity for stablecoin and US Treasury on-chain financial services is immense, with ETH being the biggest beneficiary. Regarding the safety of ETH leveraged positions, Daniel Yan mentioned that he is fully prepared and can repay most of his leveraged positions at any time, considering ETH prices above $1000 to be absolutely safe.
“Why rush to buy the dip instead of waiting for a lower price?” Daniel Yan stated that no one can perfectly time the bottom, and the previous BTC bull market example also shows a minimal difference. The key is that the current range is already the bottom, and not entering the market is also a form of entry; institutional volume has a limited impact on the trend. Regarding “how to view bearish KOLs mocking the bulls,” he mentioned that both bullish and bearish views coexist in the market, and if the views are reasonable, he will consider and learn from them, while extreme or low-quality exposure will be ignored.
“Why frequent updates on Twitter calling for ETH longs, and why liquidate at $4500?” Daniel Yan expressed his long-term and firm optimism about ETH. The $4500 liquidation was to deal with temporary risks, the operation was transparent, and it was to acquire more ETH instead of passing on the risk to others. He mentioned that with ETH’s total market cap at $360 billion, even as one of the largest ETH investors globally, he cannot influence the trend, so he goes with the flow in all his actions.
