Jack Yi: Large funds are unlikely to flow into crypto in the short term, so for now we choose to take a break.
ChainCatcher reported that Jack Yi, founder of LD Capital, posted on X, stating that the current market is in a deep correction trend, while AI and gold remain hot topics. Large funds are unlikely to flow into crypto in the short term, resulting in most DATs being below 1 and a continued loss of fundraising capability.“Therefore, we have chosen to take a break for now. Of course, the market is constantly changing, and everyone should make their own judgments based on their understanding and the trends. However, we choose to wait for a confirmed bottom before reinvesting.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Spot gold drops to $3,960 per ounce, down over 1% intraday.
Bitcoin mining company Cipher Mining to issue senior secured notes to raise $1.4 billion
ZKsync founder releases ZK token update proposal: all network revenue will be used to buy back and burn ZK tokens
