ChainThink report, December 16: Yi Lihua, founder of Liquid Capital (formerly LD Capital), posted on social media stating, "ETH fundamentals remain strongly positive. However, since the major drop on October 11, market liquidity has significantly declined, with the derivatives market now dominating over the spot market. Current volatility falls within normal ranges, especially ahead of the 4-year cycle convergence and the approaching Christmas season. For spot investors, it may not be the absolute lowest price, but it is still the most appropriate investment zone."

"From a medium- to long-term investment perspective, particularly in the new era of on-chain finance, ETH remains the core investment asset, while WLFI and similar assets serve as key allocation holdings. Our investment and data logic have remained unchanged from previous research reports."