LD Capital Founder: Four Reasons for Firmly Bullish on ETH at $1700
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LD Capital founder Jack Yi is bullish on ETH, during which ETH rose from $1700 to $2200. His analysis is mainly based on the following factors:
- Firstly, the foundational position of the Ethereum ecosystem and its L1 development strategy;
- Secondly, the price adjustment range compared to previous highs;
- Thirdly, the current large-scale short positions in the market;
- Fourthly, its market influence as one of the mainstream crypto assets with ETF products.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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