Yi Lihua: ETH is currently far undervalued, try not to participate in contract trading

Yi Lihua, founder of Liquid Capital, posted that for long-term spot investment, a few hundred dollars makes no difference. The reason why ETH is currently far undervalued is that from a macro point of view, it is expected to cut interest rates and release water, and crypto-friendly policies continue. From the perspective of the industry, stablecoins have grown for a long time, and the trend of financial on-chain has increased. The fundamentals of ETH are already completely different, and these factors are also the reason for the heavy position on WLFI/USD1. The rest of the time after the full position is left to the time, and there will be no further swing in the short term. Finally, I said again that the spot fluctuation is large enough, try not to play contracts, first, most people are not professional in technology and psychology. Second, the contract, as a game of nine losses and one win, will empty people’s energy, and it is better to expand off-site business with this energy.