Jack Yi, the founder of LD Capital, stated on social media that the volatility in the crypto market is nearing an end. Yi argued that when the market starts to rise, sudden drops can sometimes disrupt the process, but these fluctuations will not change the general trend.
JackYi, who claimed that the expected interest rate cuts and developments in the Ethereum ecosystem in the near future will surprise patient investors, said that especially if the Ethereum (ETH) price exceeds the $ 3,000 level, this will be a harbinger of a real bull market not only for investors but for the entire sector. Yi said, “In a bull trend, we only buy on declines.”
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, ETH’s function is much broader and more versatile.
Ethereum is not just a cryptocurrency, it is the programmable infrastructure of the entire tokenized economy. Therefore, the narrative of Ethereum is more comprehensive, which leads to a delay in institutional adoption.
However, Yi believes that Ethereum’s broader potential will become more widely understood over time, and price action will reflect that.
*This is not investment advice.
