JackYi: ETH may experience a short squeeze rally after November

Jinse Finance reported that Jack Yi, founder of LiquidCapital (formerly LDCapital), stated that WLFI has risen 50% against the trend in recent days. The reasons are: first, optimism about the stablecoin USD1 sector and its prospects; second, the WLFI team’s continuous investment in buybacks; and third, the overall market and US stocks are also rebounding. From research data, ETH has been heavily shorted by multiple platforms and institutions. If it weathers the most difficult November, a short squeeze may follow. Compared to ETH four years ago, the current environment—with stablecoins, ETFs, DAT, and policies—is on a completely different level of positive factors, and the ETH price is severely undervalued.