Yi Lihua: The crypto supercycle is on the horizon; we are currently in the dawn of a major bull market
Svmuu News: Yi Lihua wrote that China, the United States, and South Korea are the three major markets in the crypto industry. Currently, the stock markets in all three countries are in a bull market, with large capital primarily concentrated in the stock market or the heavy metals sector.Due to the impact of the interest rate hike cycle and the fact that blockchain technology has had less real-world impact than expected, since BTC reached $69,000 in 2021, aside from a slight rise in BTC, ETH’s performance has been far below its peak four years ago.Against the backdrop of an impending rate-cut cycle, the globalization of stablecoins, crypto-friendly policies, and the on-chain application of finance, we are currently at the dawn of a major crypto bull market. He expressed agreement with CZ’s view that a crypto supercycle is imminent, noting that industry leaders such as BMNR, Strategy, Tether, Binance, and USD1 are all continuing to accumulate holdings.
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