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BlockBeats News, February 2nd. Liquid Capital (formerly LD Capital) founder Li Hua posted on social media, stating: "As the person currently under the most pressure from the entire network, I must first admit: after liquidating at the top, it was indeed a mistake to be overly bullish on ETH early, because BTC was around 100,000, while ETH has been around 3,000, which we believed was undervalued. Currently, in the previous round of profit-taking and position decision-making train of thought, while controlling risks, we will continue to wait for the market to rise. Thank you all for your concern. Investing and trading are the hardest, being in the industry, you always can't help but be bullish."

It is worth noting that this is also Li Hua's first public statement since January 29th. During this time, his Trend Research has continued to stop-loss and reduce positions.