According to Odaily Odaily, Yi Lihua published an article on X citing a recent report from Trend Research, stating that he remains firmly bullish on Ethereum.
First, the consensus on Wall Street is strengthening: the SEC chairman's latest statement on "finance migrating to the blockchain" indicates that US political and economic elites are joining forces to promote the tokenization of US Treasury bonds, with Ethereum as the core carrier.
Secondly, Fusaka's upgrade is reshaping value: Blob fees have skyrocketed, burning over 1500 ETH in a single day, accounting for 98% of the total. L2 prosperity is strongly feeding back mainnet, and deflation is imminent.
Third, the technical picture is extremely clean: speculative leverage has dropped to a historical low of 4%, and exchange holdings are only 10%. ETH/BTC is consolidating sideways, showing resilience, short sellers are exhausted, and a short squeeze is imminent. In this interest rate cut cycle, funds are rotating from BTC to ETH, which has practical value.
The full report can be viewed by clicking on " Trend Research: The 'Blockchain Revolution' is Underway, We Remain Bullish on Ethereum ".
