Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated that ETH is currently "severely undervalued," with its long-term value reinforced by factors such as the advancement of crypto-friendly policies, increased expectations of interest rate cuts, the expansion of stablecoins, and the trend of on-chain finance. He said he is fully invested and will hold for a considerable period, and will not engage in short-term trading. Yi Lihua emphasized that spot market volatility is already high enough, and he does not recommend users participate in contract trading. On the one hand, most people find it difficult to cope technically and psychologically; on the other hand, contracts are very energy-consuming, "it's better to invest time in expanding over-the-counter business."