Jack Yi: The rebound of ETH to 3000 USD is a bullish signal

ChainCatcher news, Jack Yi, the founder of cryptocurrency investment company LD Capital, posted on social platform X: "Since the ETH trading price reached $1450, we have maintained a bullish momentum and have released several research reports on it."

He pointed out that his firm bullish stance on ETH is based on three core logic points: first, benefiting from the trend of a crypto bull market, the entry of U.S. companies, a friendly policy environment, and expectations of interest rate cuts; second, ETH is currently severely undervalued, and this round of increase will be driven by demand for stablecoins and RWA, opening a new cycle following ICO (2017) and DeFi (2020); third, emphasizing long-term investment, ignoring FUD and black swan events, viewing pullbacks as opportunities to accumulate, and calling on long-term holders to witness the growth of the ETH bull market together.