TechFlame reports that on December 12th, Yi Lihua, founder of LD Capital, posted on social media, stating, "Latest ETH Research Report: Maintaining a firm bullish stance on Ethereum.

First, Wall Street consensus is strengthening: The SEC Chairman's latest remarks on 'financial migration to the blockchain' indicate that American political and economic elites are jointly promoting the tokenization of U.S. Treasury bonds, with Ethereum serving as the core platform.

Second, the Fusaka upgrade is reshaping value: Blob fees have surged dramatically, burning over 1,500 ETH in a single day, accounting for 98% of the total. The prosperity of Layer 2 is strongly benefiting the mainnet, with deflation imminent.

Third, technical indicators show a thorough cleansing: Speculative leverage has dropped to a historic low of 4%, with exchange reserves at only 10%. ETH/BTC has remained resilient during downtrends, bearish momentum is exhausted, and a short squeeze is imminent. Amid the interest rate cut cycle, capital is rotating from BTC to ETH, which holds practical utility."