Li Hua has closed all positions in ETH for the first time, as four unfavourable information factors have raised market concerns.

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【Block Rhythm】On October 11, Yi Lihua, the founder of Liquid Capital (formerly LD Capital), stated in a post that this is the first time to close all positions (on-chain disclosure) since advocating ETH. Previously, it was only about borrowing leverage, and there are a few reasons to mention:

· First, Bitcoin has risen to a new high resistance level; without a major positive breakthrough, it will likely pull back.

· Second, the US stock market hits a new high, AI and semiconductor companies are playing a capital game, which cannot be sustained.

· Third, with Japan about to have a new prime minister, the risk of interest rate hikes increases and rates have been rising.

· Fourth, the cryptocurrency market's altcoins have been in a continuous downtrend, with MEME mania sucking away liquidity.

ETH-7.45%
BTC-6.39%
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GasGasGasBrovip
· 11h ago
I am afraid to take orders now.
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ReverseFOMOguyvip
· 11h ago
Why is the big brother so timid?
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RadioShackKnightvip
· 11h ago
Another big dump is coming, cash is king.
View OriginalReply0
DeFiDoctorvip
· 11h ago
Close all positions means the period of aggravated symptoms, it is recommended that everyone be isolated and observed.
View OriginalReply0
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