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Ethereum: Continued Bullish Outlook, Weekend Dip Does Not Affect Trend, Strongly Advise Against Shorting
  • ETH0%

BlockBeats News, August 22nd. Li Qi, founder of Liquid Capital (formerly LD Capital), expressed his views, stating that the bull run is still ongoing. The weekend adjustment was just a brief bearish resistance using a period of low liquidity and does not affect the overall trend. He strongly advises against further shorting. Once the price reaches a certain level, closing long positions may be considered. Pullbacks always occur at certain levels.

Source: BlockBeats

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