星球日报|12月 03, 2025 04:47
[Yilihua: The 60-Day Bear Market in the Crypto Market May Have Ended]
Odaily Planet Daily News - Yilihua stated in an article that although Bitcoin has returned to $93,000, BCH has reached a new phase high, and WLFI has stabilized after rising, Ethereum and the overall crypto market still lag behind the stock market and the current favorable environment. He believes that with the confirmation of another crypto-friendly Federal Reserve chairman following the SEC chairman, the roughly 60-day bear market in the crypto industry may come to an end.
Yilihua pointed out that this downward phase was primarily caused by liquidity contraction triggered by the "1011 incident," combined with factors such as the four-year cycle resonance, Japan's interest rate hike, and the U.S. government shutdown. Currently, the related negative factors have mostly been cleared out. With the resonance of rate cut expectations and favorable policies, he remains optimistic about the subsequent market trends and emphasizes that 'investment requires not only wisdom but also patience.'
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