Founder of Linekong Interactive: ETH’s Rally Is Not Isolated from the Market, Crypto Autumn Poised to Begin

According to ChainCatcher, Wang Feng, founder of Linekong Interactive, stated that the market sentiment of Bitcoin and Ethereum should not be viewed in isolation.

Bitcoin is currently consolidating around $120,000, with limited volatility and no major sell-offs. This provides ample room for Ethereum to continue its upward momentum after breaking through $4,000, with predictions that it could rise to at least around $5,000. Similarly, Ethereum and the broader crypto market are inseparable. The autumn of cryptocurrencies is expected to begin, with DeFi, RWA, and leading meme coins entering a takeoff phase.

On July 16, Linekong Interactive established the LK Crypto division to centrally manage the company’s mainstream crypto assets and accelerate its Web3 and RWA strategies.