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Yili Hua: Still optimistic about point shaving starting in December, while controlling risks with Spot strategy.

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On November 20, Yi Lihua, the founder of Liquid Capital (formerly LD Capital), posted on social media: “After the Nvidia earnings report and the Google CEX3 release, the short-term risks of the US stock market and the AI bubble have been alleviated. I remain optimistic about point shaving starting in December, along with the continuous favourable information in the crypto industry, as central banks in countries like the Czech Republic and Luxembourg begin to buy in, and Japan's Financial Services Agency reduces the crypto assets tax from 50% to 20%. In the next 5 years, Bitcoin will reach a million dollars, and Ethereum will continue to be optimistic as stablecoins expand more than tenfold and financial applications are deployed on a large scale. The most fearful moments often require optimism, while spot strategies control risks; the bigger the storm, the more valuable the fish.”

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