Yi Lihua: Short-term risks to the US stock market and AI bubble have subsided; we remain optimistic about monetary easing starting in December.

Liquid Capital founder Yi Lihua stated in an article that after Nvidia's earnings report and Google's Gemini3 release, the short-term risk of the US stock market and AI bubble has been eliminated. He remains optimistic about easing starting in December. Coupled with continuous positive news in the crypto industry, central banks of countries such as the Czech Republic and Luxembourg have begun buying, and Japan's Financial Services Agency has reduced the cryptocurrency tax from 50% to 20%. Bitcoin is expected to reach one million US dollars in the next five years. Ethereum is expected to increase more than tenfold along with the expansion of stablecoins and large-scale deployment of financial applications. The most fearful moments often require optimism. At the same time, spot strategies control risk; the bigger the waves, the more valuable the fish.