Liquid Capital Founder Calls Current Market Pre-Bull Phase, Backs CZ's Crypto "Super Cycle" View

Liquid Capital (formerly LD Capital) founder Li Lihua said on social media on Jan. 13 that the U.S., China and South Korea—the three main crypto markets—are in stock market bull phases with large capital concentrated in equities and metals such as gold, silver and rare earths. He noted Bitcoin has risen modestly in the four years since hitting $69,000 in 2021 under the impact of the rate hike cycle and weaker-than-expected real-world blockchain adoption, while ETH remains well below its prior peak, making it a "lost four years" for many crypto investors. Li argued current conditions represent a dawn before a major crypto bull market given potential rate cuts, stablecoin globalization, crypto-friendly policies and on-chain financial applications, and said investors should be greedy when others are fearful. He added he strongly agrees with CZ's view that a crypto "super cycle" is approaching, citing continued purchases by industry players including BMNR, Strategy, Tether, Binance and USD1.