LD Capital founder expresses strong conviction in ETH fundamentals

Jack Yi, founder of LD Capital, stated on X that he remains highly confident in Ethereum's fundamentals. He noted that while liquidity has dropped significantly since the market crash on Oct. 10, the derivatives market is now driving price action more than the spot market. Yi believes recent price fluctuations are normal, falling within the expected range influenced by the four-year cycle and the Christmas season. While acknowledging the difficulty of timing an absolute bottom for spot investments, he views the current period as a suitable buying opportunity. From a medium- to long-term perspective in the era of on-chain finance, Yi considers ETH a core asset and also identified World Liberty Financial (WLFI) as a key portfolio component. He added that the investment thesis and data-driven strategies from his firm's previous research remain valid.