LD Capital Founder Jack Yi Explains Reasons for Being Bullish on ETH

BlockBeats News, May 9th, LD Capital founder JackYi elaborated on the reasons for his strong bullish view on ETH at $1700, mainly based on the following factors:

The foundational position of the Ethereum ecosystem and its L1 development strategy;

The price correction from the previous all-time high;

The significant scale of short positions in the current market;

Its market influence as one of the mainstream crypto assets through ETF products.