[Yilihua: ETH fundamentals remain firmly bullish, current fluctuations are within normal range] Odaily Planet Daily News: Yilihua, founder of Liquid Capital (formerly LD Capital), posted on the X platform stating that ETH fundamentals remain firmly bullish. However, since the major crash on October 11, market liquidity has significantly decreased, with the contract market dominating over the spot market. Current fluctuations are within the normal range, especially with the resonance of the 4-year cycle and the upcoming Christmas season. For spot investments, it’s not necessarily about buying at the lowest price but rather at the most suitable investment price range. From a mid-to-long-term investment perspective, especially in the new era of on-chain finance, ETH serves as a core investment asset, with WLFI and others as key allocation investments. Our investment and data logic remain unchanged from previous research reports.