Chinese Analyst Reveals: "If Ethereum Surpasses This Price Level, The Rise Will Begin"

Jack Yi, the founder of LD Capital, announced on social media that the volatility in the crypto market is about to end. Yi argued that when the market begins to rise, sudden drops can sometimes disrupt the process, but these fluctuations will not change the overall trend. Jack Yi, who claims that the expected interest rate cuts and developments in the Ethereum ecosystem in the near future will surprise patient investors, mentioned that especially if the price of Ethereum exceeds $3,000, this will be a harbinger of a true bull market not just for investors but for the entire sector. Yi stated, "In a bullish trend, we only buy when prices fall."

So why is ETH lagging behind Bitcoin? According to Yi, the main reason for this situation is that institutional investors have embraced Bitcoin's narrative. While Bitcoin is seen as a "store of value" with a simple and clear value proposition, the functionality of ETH is much broader and more flexible. Ethereum is not just a cryptocurrency, but the programmable infrastructure of the entire encoded economy. Therefore, the story of Ethereum is more comprehensive, leading to delays in adoption by organizations. However, Yi believes that the greater potential of Ethereum will be better understood over time and price movements will reflect that.