Yi Lihua: I remain firmly bullish on the fundamentals of ETH; the current fluctuations are within the normal range.

 Yi Lihua, founder of Liquid Capital (formerly LD Capital), posted on the X platform stating that the fundamentals of ETH are firmly optimistic. However, since the major crash on October 11, market liquidity has significantly decreased, with the contract market dominating rather than the spot market. The current fluctuations are within a normal range, especially with the four-year cycle resonance and the upcoming Christmas. For spot investments, it is not necessarily about buying at the lowest price but the most suitable investment price range.

From a medium to long-term investment perspective, especially in the new era of on-chain finance, ETH is the core investment asset, and WLFI and others are the core allocation investments. Our investment and data logic have not changed from previous research reports.