Based on TechFlow, on December 12, Yi Lihua, founder of LD Capital, posted on social media stating that Ethereum remains strongly bullish due to three key factors. First, the Wall Street consensus is strengthening, with the SEC chair recently expressing support for financial migration to blockchain and U.S. political and economic elites pushing for U.S. Treasury bond tokenization, with Ethereum as the core platform. Second, the Fusaka upgrade is reshaping value, with blob fees surging and over 1,500 ETH burned daily, accounting for 98%. L2 growth is strongly rewarding the mainnet, and deflation is imminent. Third, the technical outlook is extremely clean, with speculative leverage dropping to a 4% historical low and exchange holdings at just 10%. ETH/BTC remains resilient, short sellers are exhausted, and a short squeeze is imminent. In a rate-cutting cycle, capital is shifting from BTC to ETH, which has practical value.
Yi Lihua Highlights Three Factors Driving Ethereum's Bullish Outlook
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Summary
Ethereum news broke on December 12 as Yi Lihua of LD Capital outlined three bullish trend drivers for ETH. First, Wall Street is aligning, with the SEC chair backing blockchain and elites pushing U.S. bond tokenization on Ethereum. Second, the Fusaka upgrade is boosting deflation, with blob fees rising and 1,500 ETH burned daily. Third, technicals are clean: leverage is at 4%, exchange holdings at 10%, and ETH/BTC holds strong. A short squeeze is near as capital shifts to ETH in the rate-cutting cycle.
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