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Ivan on Tech: Short Sellers Enter Most Insane Dumping Phase, $100 Swings Normal
BlockBeats News, January 26, Liquid Capital (formerly LD Capital) founder Li Hua posted on social media:
"In the past few days, the market has been quite volatile. From our research, the short sellers have entered the craziest phase of dumping. However, it has not affected the overall bullish trend, especially with the continuous strength of the US stock market and the US crypto national strategic background. We will not be affected and will not change our investment strategy. In addition, our last round of investment in ETH has generated a return of nearly 2.5 times. We have also experienced the process of the price dropping from $2800 to $2100 due to the Black Swan event in the Middle East. A price fluctuation of a few hundred dollars is within a normal range. As the recent bull market has been mocked by everyone on the Internet, with the price fluctuating by billions of dollars after a night's sleep, the situation is like a roller coaster. However, the rougher the waves, the more precious the fish. Moreover, there is no certainty in investment. Our continued operation strategy is to buy the dip, implement various strategies, and hold more ETH. Recently, hedge funds have been in the gold and silver markets, but there will definitely be moments of profit-taking and capital outflows. The lowest point of the crypto industry will eventually pass."
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