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LD Capital founder Yi Lihua: The next target for ETH is an ATH of $5000, and a quality alt season is expected with the arrival of interest rate cut expectations.
According to BlockBeats news on August 9, Yi Lihua, the founder of LD Capital, stated on social media that after ETH broke through the $4000 double top resistance level, the new target is to break the new high of $5000 and catch up with the BTC Exchange Rate of $10,000. Of course, the rise won’t happen directly; we should stick to the bull run trend and the pullback increase the position strategy. Meanwhile, with the expectation of interest rate cuts coming, there will be a quality alt season. Following this, Ethereum rose to $4200. Yi Lihua stated that such performance aligns with the bull run situations of 2017 and 2020, and only ETH can bring investors back to the bull run. Hold onto ETH and don’t engage in shorting, so as not to miss out on this round of the bull run.