PlanB: Four-Year Cycle Law Is Broken, Now Is the Best Time to Buy the Dip
BlockBeats News, January 24th, Liquid Capital (formerly LD Capital) founder Daniel Wang responded to his ETH long strategy as follows:
Regarding "ETH below the previous peak, BTC above the previous peak?" Daniel Wang said that this round is in a tightening cycle, BTC has broken a new high, but the overall performance of the crypto market is poor, making this the most difficult phase in the past four years. With the arrival of the easing cycle, he is optimistic about the start of a bull market, and ETH is expected to outperform BTC, as historical bull markets have also shown that ETH's gains outpace BTC's.
"Concerned about ETH bottoming near $3000 and the possibility of a further bear market drop?" Daniel Wang believes that the four-year cycle rule is no longer valid, and now is the best time to bottom out in crypto, especially ETH. The opportunity for stablecoins and US Treasury bond on-chain financial services is huge, and ETH will be the biggest beneficiary. Regarding the safety of ETH leveraged positions, Daniel Wang stated that he is fully prepared and can repay most of the leveraged positions at any time, with positions above $1000 being absolutely safe.
"Why rush to buy the dip instead of waiting for a lower price?" Daniel Wang said that no one can perfectly time the bottom, and the previous BTC bull market example also shows little difference. The key is that the current range is already the bottom, not buying into the market means still indirectly buying in, and institutional volume has limited impact on the trend. Regarding how to view bearish KOLs mocking the bullish sentiment, he mentioned that both bullish and bearish views coexist in the market, and reasonable opinions will be considered for learning, while extreme or low-quality exposure will be ignored.
"Why frequent updates on Twitter calling for ETH bulls and liquidation at $4500?" Daniel Wang stated that he has a long-term and firm belief in ETH. Liquidating at $4500 is to address temporary risks, with transparent operations aimed at acquiring more ETH rather than offloading to others. He mentioned that ETH's total market cap is $360 billion, and even as one of the largest ETH investors globally, he cannot influence the trend. All actions are taken in line with the trend.
You may also like

Gold Plunges Over 4%, Silver Crashes 11%, Stock Market Plummet Triggers Precious Metals Algorithmic Selling Pressure?

Coinbase and Solana make successive moves, Agent economy to become the next big narrative

Aave DAO Wins, But the Game Is Not Over

Coinbase Earnings Call, Latest Developments in Aave Tokenomics Debate, What's Trending in the Global Crypto Community Today?

ICE, the parent company of the NYSE, Goes All In: Index Futures Contracts and Sentiment Prediction Market Tool

On-Chain Options: The Crossroads of DeFi Miners and Traders

How WEEX and LALIGA Redefine Elite Performance
WEEX x LALIGA partnership: Where trading discipline meets football excellence. Discover how WEEX, official regional partner in Hong Kong & Taiwan, brings crypto and sports fans together through shared values of strategy, control, and long-term performance.

Best Crypto to Buy Now February 10 – XRP, Solana, Dogecoin
Key Takeaways XRP is set to revolutionize cross-border transactions, potentially reaching $5 by the end of Q2 with…

Kyle Samani Criticizes Hyperliquid in Explosive Post-Departure Market Commentary
Key Takeaways: Kyle Samani, former co-founder of Multicoin Capital, publicly criticizes Hyperliquid, labeling it a systemic risk. Samani’s…

Leading AI Claude Forecasts the Price of XRP, Cardano, and Ethereum by the End of 2026
Key Takeaways: XRP’s value is projected to reach $8 by 2026 due to major institutional adoption. Cardano (ADA)…

Bitcoin Price Prediction: Alarming New Research Cautions Millions in BTC at Risk of ‘Quantum Freeze’ – Are You Ready?
Key Takeaways Quantum Threat to Bitcoin: The rise of quantum computing presents a unique security challenge to Bitcoin,…

XRP Price Prediction: Could XRP Ultimately Surpass Bitcoin and Ethereum?
Key Takeaways XRP has maintained a strong position despite a recent 12% drop, suggesting potential for growth. Analyst…

Best Crypto to Buy Now February 6 – XRP, Solana, Bitcoin
Key Takeaways The cryptocurrency market is experiencing pressure due to a technology-sector selloff, affecting digital assets like Bitcoin.…

South Korea Broadens Crypto Market Investigation Following Bithumb’s $44 Billion Bitcoin Error
Key Takeaways South Korea intensifies scrutiny on cryptocurrency exchange operations after Bithumb’s significant Bitcoin transaction error. Regulatory bodies,…

Tom Lee-Supported Bitmine Dominates 3.6% of Ethereum Supply Post-Price Crash
Key Takeaways Bitmine Immersion Technologies now controls 3.6% of Ethereum’s total supply after strategic purchases during market downturns.…

XRP Yearly Returns Hit Record Low Since 2023
Key Takeaways XRP’s yearly returns are at their lowest since 2023, as the crypto market grapples with a…

BTC Traders Eye $50K as Potential Bottom: Key Metrics to Monitor This Week
Key Takeaways Traders are closely monitoring the potential bottom for Bitcoin at $50,000 as recent price movements suggest…

Fraudulent ‘XRP’ Issued Token Sparks Confusion on the XRP Ledger
Key Takeaways An imposter XRP token is causing bewilderment within the XRP community by being superficially identical to…