Yilihua: Three Factors Including Strengthened Wall Street Consensus Drive Bullish Outlook for Ethereum

ChainCatcher news, Liquid Capital (formerly LD Capital) founder Yi Lihua stated on social media that he remains firmly bullish on Ethereum. The reasons are as follows: First, the strengthening of Wall Street consensus: SEC Chairman's latest statement that "finance is migrating on-chain," and American political and economic elites are jointly promoting the tokenization of US Treasury bonds, with Ethereum as the core carrier. Second, the Fusaka upgrade is reshaping value: Blob fees have surged, with over 1,500 ETH burned in a single day, accounting for 98%. The prosperity of L2 is strongly feeding back to the mainnet, and deflation is imminent. Third, extreme technical cleansing: speculative leverage has dropped to a historical low of 4%, and CEX holdings are only 10%. ETH/BTC is consolidating and resisting declines, shorts are exhausted, and a short squeeze is imminent. In the rate-cutting cycle, capital is rotating from BTC to ETH, which has practical utility.