BlockBeats News, July 16th, LD Capital founder Yi Lihua stated in an article on X platform that CPI has led to a delay in the interest rate cut expectations, the US stock market is showing signs of reaching a peak, the risk of the Russia-Ukraine war has increased, and the cryptocurrency bill has been temporarily blocked. Amid a complex macro outlook, ETH has surged more than 50% in the short term as expected.
“We choose to Fear when FOMO is at its peak. From an investment and transaction volume perspective, we are prepared to take a break for a while and wait for clarity before seizing opportunities. However, the long-term bullish trend remains unchanged.”