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Yili Hua: This round sees ETH targeting 7000 USD, multiple favourable information will open a new bull run.

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On November 9, Yi Lihua, founder of Liquid Capital (formerly LD Capital), once again advocated for Ethereum: “This round of ETH looks up to $7000, and nothing is more important than the midterm elections. Nothing is more favourable for the midterm elections than distributing money. Looking back at the pandemic bull run in 2020, the core driving force of the market was also the distribution of money to everyone. Recent research data all show favourable expectations, coupled with the accumulation of short positions in the market, everything is ready to kick off a new bull run. We just need to patiently wait and try not to touch contracts; the fluctuation in the spot market is already large enough. Since the ETH market started in April, it has only been a few months. Buffett once said that no one wants to get rich slowly, because humans have an instinctual gene that urges them to seek quick success, which needs to be overcome with effort.”

ETH5.43%
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