Market Uncertainty Persists Amid Global and Economic Challenges

According to PANews, LD Capital founder Yi Lihua has expressed concerns over the current macroeconomic outlook. The delay in interest rate cuts due to the impact of CPI data, coupled with the U.S. stock market showing a peak trend, has contributed to this uncertainty. Additionally, the escalating risks of the Russia-Ukraine conflict and the temporary setback of cryptocurrency legislation further complicate the situation. Despite Ethereum's recent surge of over 50%, reaching expected levels, Yi has chosen to remain cautious at the market's peak. He plans to take a break and wait for clearer conditions before making any strategic moves. However, he emphasized that the long-term bullish trend in the cryptocurrency market remains unchanged.