Article Author: 0x9999in1, MetaEra

"Since we released our research report on ETH at $1,700, the price of ETH has increased by over 70% in just over ten days." LD Capital founder Jack Yi shared this "good news" on his social media platform.

This is not only a confirmation of market trends but also resembles a seasoned veteran winning rewards on the battlefield once again through judgment and courage.

As a seasoned investor who has been involved in the crypto industry since 2015, Jack Yi has not only witnessed the growth and changes of mainstream cryptocurrencies like Bitcoin and Ethereum but has also accumulated rich market insights by participating in investments in over 200 projects. Recently, MetaEra had the honor of inviting Jack Yi for an in-depth interview to share his growth experiences during market cycles, his optimistic predictions for Ethereum's future value, and effective strategies for coping with market fluctuations.

Key Insights

● ETH, as the entire financial infrastructure and crypto-native innovation, remains the most advanced ecosystem in the industry.

● The greatest value proven in the blockchain field is financial replacement and upgrading, rather than replacing Web2 applications.

● As financial infrastructure, ETH has more than ten times the market growth potential.

● Focusing on future trends is the core of our investment.

● The strong will continue to grow stronger, and the higher demands for investment research will push everyone to update their knowledge and information, rather than relying on simple cyclical thinking for investment.

Full Interview

MetaEra: As an OG in the crypto circle, you have rich experience in cryptocurrency investment. Could you share which experiences in your career have had a significant impact on your current market analysis and decision-making?

Jack Yi: I entered the crypto industry in 2015, previously engaged in classical investments. Several key milestones have greatly influenced me, one being early Bitcoin mining and buying Ethereum, catching the upward price trend. I also experienced the crazy investment boom of new projects in 2017. However, during the bear market of 2018 and 2019, I encountered the industry's first low point, followed by another bull market after the 312 incident, and then back into a bear market. Throughout this process, I participated in investments in over 200 projects and experienced the growing pains of managing more than ten trading teams, which helped me establish the concept of cycles and my current investment philosophy through countless ups and downs.

MetaEra: In your latest research report, you made an optimistic prediction that ETH's long-term price could reach $10,000. Could you elaborate on the main arguments and technical logic supporting this prediction?

Jack Yi: First, this prediction is based on our trend judgment for this bull market. CZ (Zhao Changpeng) predicts that Bitcoin's price could be between $500,000 and $1,000,000, while we conservatively estimate Bitcoin could reach $300,000. Therefore, it is reasonable to expect Ethereum to rise to $10,000. ETH, as the entire financial infrastructure and crypto-native innovation, remains the most advanced in the industry. The ETH Foundation is also refocusing on developing the L1 ecosystem. Additionally, a significant reason for ETH's previous overcorrection was the market leverage cleanup, with too many large holders relying on the previous bull market mindset to go long on ETH. Once the liquidation of large long positions is complete, a reasonable rebound is inevitable because at the moment ETH was at $1,700, nearly ten million ETH were shorted across the network, presenting a historic opportunity for long positions, with strong momentum.

MetaEra: In the face of several days of rising ETH prices, the value of your institution's research report is also increasing. What insights would you like to share with users who have already made investment moves and those who are still observing?

Jack Yi: I believe that investment requires sufficient patience to endure the process of volatility. ETH, as a leading asset, should be a long-term allocation. If you have already made investment moves, you should hold on long-term until you believe this bull market has ended before selling. For those still observing, you can gradually buy in; if there is a normal correction, there is no need to worry about buying high. Extend the investment allocation model over a longer cycle or look for new assets with greater growth potential because ETH's rebound and recovery will lead the industry bull market. Only when ETH and its ecosystem recover can the bull market return; BTC is akin to electronic gold.

MetaEra: In the face of market volatility, what specific measures do you recommend investors take to manage risks and capture opportunities within the ETH ecosystem?

Jack Yi: Volatility is the greatest characteristic of finance. Investors cannot expect to invest at the ideal price; no one's trades can be at perfect buy or sell points. You can only extend the cycle and set buy and sell prices. The ETH ecosystem indeed has many good assets whose growth rates will exceed that of ETH, which requires professional investment research capabilities because higher returns also come with greater risks. In our research report, we focused on analyzing leading projects like UNI, ENJ, and AAVE.

MetaEra: Even without considering short-term price fluctuations, what do you believe are the biggest growth potentials for Ethereum in the next five to ten years?

Jack Yi: First, the greatest value proven in the blockchain field is financial replacement and upgrading, rather than replacing Web2 applications. The global financial sector is a market worth trillions of dollars, and the crypto field has many advantages to leverage. As the entire industry progresses, ETH, as financial infrastructure, has more than ten times the market growth potential, and this is not an exaggeration.

MetaEra: The crypto market has experienced several cycles of bull and bear. How would you define the current cycle of the cryptocurrency market? How should investors adjust their strategies based on different market stages?

Jack Yi: From my personal observation, we are currently at the beginning stage of an incoming bull market. If you look at BTC and SOL (when SOL was around $25-$30, we published two research reports on SOL), they have seen growth of 6 times and 20 times, respectively. However, in this cycle, due to the excessive variety of projects and the focus of compliant ETFs and listed companies on buying BTC and SOL, leading to a MEME bull market, there hasn't been a widespread rally. This aligns with the rules of mature financial markets; if you look at the US stock market, even in decades-long bull markets, not all listed companies can outperform the index. The strong will continue to grow stronger, and the higher demands for investment research will push everyone to update their knowledge and information, rather than relying on simple cyclical thinking for investment.

MetaEra: What sectors is LD Capital currently focusing on? Does it have an investment logic that differs from other investment institutions?

Jack Yi: We are currently focusing on secondary market investments and preparing to establish two different directional institutions in the secondary market, namely Trend Research and Liquid Digital. For primary market investments, we focus on infrastructure construction, AI, and IPO opportunities. Our biggest feature is having sufficient experience and having "paid the tuition" for cycles, which allows us to help founders and projects enhance industry awareness and avoid common mistakes. For example, in 2022, we advised every founder to raise as much capital as possible and simplify team structures to survive the bear market, waiting to exert force after the bull market arrives.

MetaEra: What potential impacts do the constantly changing regulatory policies worldwide have on the cryptocurrency market? How do you view this challenge?

Jack Yi: After the most crypto-friendly U.S. president took office, the global crypto industry welcomed the best regulatory environment. The Asian financial center, Hong Kong, is also continuously releasing more friendly crypto policies. Currently, the most important influencing factors include the approval of cryptocurrency ETFs, increased investments in Bitcoin and other crypto assets by listed companies, and the continuous listing of crypto enterprises. I believe more positive news will emerge in the future.

MetaEra: In your view, what are the most significant changes in the blockchain and cryptocurrency industry over the past few years? What implications does this have for future development?

Jack Yi: In recent years, as cryptocurrencies gradually integrate into mainstream financial markets, the cyclical nature of the crypto industry has become less pronounced, which is highly beneficial for the long-term development of the industry. At the same time, this raises the professional standards required of investors. Secondly, we need to think about future opportunities in the industry; compliance and on-chain are significant paradigm shifts we currently see. Additionally, opportunities for reconstruction in IPOs, infrastructure construction, AI, etc., focusing on future trends is the core of our investment. If anyone has insights on future opportunities, we welcome discussions.