Yilihua: The 60-day crypto bear market may be coming to an end; I remain optimistic about the subsequent market driven by rate cut expectations and crypto policies.

On December 3, Liquid Capital (formerly LD Capital) founder Yi Lihua posted on social media: “Although BTC has returned to $93,000, BCH has reached a recent high, and WLFI has surged and stabilized, ETH and the overall market are still lagging behind the stock market and the generally favorable macro environment. With another crypto-friendly new chairman confirmed at (Federal Reserve) following the SEC chairman, the 60-day-long crypto bear market may be coming to an end. These 60 days saw a severe drop in industry liquidity due to 1011, combined with the four-year cycle resonance, Japan’s interest rate hike, and government shutdowns, but these negatives have now been digested. With dual benefits from expected rate cuts and favorable crypto policies, I remain optimistic about the market ahead. Investing always requires not only wisdom but also patience.”