Yi Lihua: Wall Street consensus strengthens three factors driving bullish Ethereum

Liquid Capital (formerly LD Capital) founder Yi Lihua expressed on social media a continued bullish outlook on Ethereum. The reasons are as follows: First, Wall Street consensus is strengthening: The SEC chairman's latest statement that "finance is migrating on-chain," and American political and economic elites are working together to promote the tokenization of U.S. debt, with Ethereum as the core carrier. Second, the Fusaka upgrade is reshaping value: Blob fees have skyrocketed, burning over 1,500 ETH in a single day, accounting for 98%. The prosperity of L2 is strongly rewarding the mainnet, and deflation is imminent. Third, the technical landscape is extremely cleaned up: speculative leverage has dropped to a historical low of 4%, and CEX inventory is only 10%. ETH/BTC is consolidating and resisting declines, with shorts exhausted, and a short squeeze is imminent. In the interest rate cut cycle, funds are rotating from BTC to Ethereum, which has practical value.