Ethereum Builds Strength as Market Sentiment Shifts!!!!!
Can Ethereum's fundamentals and short squeeze potential drive the next rally????
According to BlockBeats, LD Capital founder Jack Yi remains bullish on Ethereum around the $1,700 level.
He cites Ethereum’s essential role in the crypto ecosystem and its Layer 1
development as long-term growth drivers.
The recent price correction is seen as a healthy reset, offering a buying opportunity. Yi also highlights the large number of short positions in the market—if these unwind, ETH could see a sharp move upward. Meanwhile,
Ethereum ETF products continue to influence sentiment positively.
