JackYi-LD

Wishing everyone a Merry Christmas. Floating losses are only temporary, while the long-term trend is bullish. First, we bought the dip this year, then escaped the peak before 1011, and now we are buying the dip again. We are transparent and consistent in our words and actions. Secondly, we are not blindly confident in large-scale buying just because our previous operations were correct. Our team works hard every day on investment research results, which indicate that now is the bottom range, and 2026 will see a major bull market. Finally, the same old saying applies: we do not want to miss out on a chance for a several thousand dollar increase due to fluctuations of a few hundred dollars. We will continue to buy ETH at lower prices with 1 billion USD.

I announce that Trend Research is preparing another 1 billion USD, and on this basis, we will continue to increase our buy of ETH. We practice what we preach and strongly advise against shorting; there is no doubt this will be a historic opportunity.

Firmly believe that now is the best time to buy ETH, especially looking forward to the bull market in 2026, with a future target of over 10,000 for ETH. I remember experiencing the 312 crash; before 312, when BTC was hovering around 7,000 to 8,000 dollars, I experienced my first real bear market in the cryptocurrency world, and I couldn't hold on any longer and sold all my BTC, successfully avoiding the massive drop during 312. However, it later surged to 69,000, and I never bought back BTC. This is a huge failure case of missing out on tens of thousands because of a few thousand dollars. This time, a similar script played out; I successfully escaped the peak and cleared my position before 1011, but this time we chose to continuously increase our holdings because we don't want to make the mistake of losing thousands over a few hundred dollars. Trend investing and patiently waiting is the best strategy now; we know that a significant rise is inevitable, we just don't know what day it will happen.

After Japan's interest rate hike, this is the last major bad news out, and the fluctuations in recent days are also driven by contracts, especially since the shorts are still making their final efforts. However, in the face of the upcoming bull market trend, these are all short-term behaviors. For investment rather than trading, it is still the best spot investment zone now. Next year, the cryptocurrency industry will see significant positive developments, especially in cryptocurrency policies, interest rate cuts, and financial on-chain—these three decisive factors. If you want to achieve returns of several thousand dollars, you must endure fluctuations of several hundred dollars; the winners in the financial market must first overcome human weaknesses.

The fundamentals of ETH remain optimistic, but since the major crash on 1011, market liquidity has significantly decreased. The derivatives market is dominant rather than the spot market. The current fluctuations are within a normal range, especially with the resonance of the four-year cycle and the approach of Christmas. However, for spot investments, buying at the lowest price is not necessarily the most suitable investment price zone. From a medium to long-term investment perspective, especially in the new era of on-chain finance, ETH is the core investment asset, with WLFI and others as core allocation investments. Our investment and data logic have not changed from previous research reports.

The decline is limited, while the rise is unlimited. The core of investment is to control risk and measure the profit-loss ratio. Recently, large whales have been continuously buying $ETH, and I still believe that now is the best time to buy in the spot market.

Recently, I advised large investors to increase their positions in $ETH on the HK line, while also suggesting to buy in the spot market and then withdraw to exchanges, especially second-tier or smaller platforms, to reduce more opportunities for short selling.

USD1 has made significant progress today, congratulations to the WLFI team @WatcherChase @ZachWitkoff @zakfolkman. I believe that in the trend of financial blockchain, the two biggest beneficiaries are stablecoins and ETH, and USD1 is the only project with the chance to surpass them and take the lead in the trillion-dollar stablecoin market and the financial chain service for billions of people. Your execution and strategic capabilities fully meet investors' expectations, and I am pleased to heavily invest in such a team and project.
We will hold WLFI and ETH as long-term investments, as they are the two largest investment assets.

$ETH broke 3300, maintaining a positive outlook on the subsequent market since being fully invested, and sharing that investment requires patience. Remember to buy the dip in April/May and to cash out before 1011, facing a lot of doubts. However, investing is always the hardest thing; it tests not only your mindset but also your understanding. Be greedy when others are fearful; it's easy to say but the hardest to do.

For trend and value investing, short-term volatility can be ignored. Investing in ETH should focus on the intrinsic value of ETH and the long-term development of the industry, rather than being led by the market's short-term fluctuations. This is the reason we continuously synchronize research reports. However, very few people can achieve this, as investing is not gambling or speculation; otherwise, it is difficult to obtain long-term substantial returns. Of course, special attention should also be paid to the bottoms and tops of long segments, and striving to earn more ETH is another way to increase positions.

After the Ethereum Fusaka upgrade, the blob base fee surged by 15 million times. The core reason is the new blob fee 'minimum guarantee mechanism' introduced by EIP-7918 - previously, blob fees had no minimum limit, often stuck at 1 wei (almost free), causing nodes to bear costs like KZG verification without reasonable returns; after the upgrade, the blob fee must be ≥ 1/15.258 of the L1 execution base fee, directly anchoring to the true network cost.

This design allows prices to reflect actual resource consumption (avoiding L2's free occupation of network resources), while also adjusting blob traffic through price fluctuations to prevent congestion. At the same time, PeerDAS technology has increased the blob storage capacity; in addition, blob fees are included in the ETH destruction mechanism, with estimates indicating that it could burn 8 times more ETH in the future, potentially contributing 30-50% of the total burn amount by 2026 (depending on L2 transaction volume growth).

Collaboration between L1 and L2 will also deepen, as this directly correlates L2 costs with the L1 base fee, encouraging L2 to pay more attention to the L1 network status and promoting ecological collaborative optimization.

Comparison table of key parameters for blob fees before and after the Ethereum Fusaka upgrade:

$ETH broke 3200, all the way firmly bottom-fishing, firmly optimistic about the subsequent market, it seems that we are the only large army on the entire network, returning to the previous round of bottom-fishing ridicule. However, as investors, we must firmly uphold our own logic without being blindly confident; we should be greedy when others are fearful. The ETH upgrade and the continuous development of on-chain finance are still greatly underestimated. The core of trend investing is to believe in the trend and buy on dips. I understand the market's low sentiment, so I strive to continuously provide everyone with confidence and reference.

Although $BTC returned to 93,000, BCH has reached a new high recently, and $WLFI has also surged and stabilized. However, $ETH is still lagging behind in relation to the overall stock market and various favorable macroeconomic conditions. With the confirmation of another crypto-friendly new chairman (Federal Reserve) following the SEC chairman, the 60-day long bear market in crypto may come to an end. These 60 days have seen a significant decline in liquidity across the industry due to 1011, along with the resonance of a four-year cycle, Japanese interest rate hikes, government shutdowns, and other factors. However, these negative impacts have now been digested. With expectations of interest rate cuts and favorable crypto policies, we remain optimistic about the subsequent market trends. Investment always requires not only wisdom but also patience.

$ETH returns to 3000, the extreme panic has passed, and we remain optimistic about the subsequent market trends. It has only been a short 7 months since April, experiencing bottom fishing, top escaping, and then bottom fishing again. A day in the crypto world is like ten years in the human world; a highly volatile market constantly tests the weaknesses of human nature—greed and fear. This is a beautiful industry, yet a terrible one, filled with faith and doubt, wisdom and ignorance, light and darkness, hope and despair.

At present, the situation of the US stock market is not optimistic, the weekly performance of the US stock market is very poor, coupled with the fluctuations in the expectations of interest rate cuts in December. Of course, the good news is that the US will start easing in December, and Japan has already begun easing today. Moreover, the cryptocurrency market often bottoms out in advance, and the biggest divergence point may appear. Investing and trading are the most difficult things; strive to control greed and fear.

This year, from calling the bottom at 1450 to liquidating at 4500 to avoid 1011 after $ETH , we recently started buying ETH again and recommended a spot strategy of buying between 3000 and 3300, which is also our own average price. Everything is transparent and consistent in word and deed. This time, the decline in US stocks exceeded expectations. We all want to make the most precise operations, but often only commentators can be 100% right. We still hold a spot strategy and are optimistic about ETH/BTC's subsequent market. Currently, the US stock trend is dominant here.

After NVIDIA's earnings report and the release of Google's Gemini 3, the short-term risks for US stocks and the AI bubble have eased. We remain optimistic about monetary easing starting in December, along with continuous positive developments in the cryptocurrency industry. Central banks in countries like the Czech Republic and Luxembourg have begun buying in, and Japan's Financial Services Agency has reduced the cryptocurrency tax from 50% to 20%. In the next five years, $BTC will reach one million dollars, and $ETH is expected to remain positive as stablecoins expand more than tenfold and financial applications are deployed on a large scale. The most fearful moments often require optimism, and at the same time, spot strategies control risks; the bigger the waves, the more expensive the fish.

In this round, we expect ETH to reach 7000 USD. Nothing is more important than the midterm elections, and nothing is more beneficial to the midterm elections than distributing money. Looking back at the 2020 pandemic bull market, the core driving force was also the distribution of money to the public. Recent investment research data indicates positive expectations, and with market shorts fully loaded, everything is in place to start a new bull market. We just need to be patient and try not to touch contracts; the spot market volatility is already significant enough. In fact, since the ETH market began in April, it has only been a few months. Buffett said that no one is willing to become rich slowly because humans have an inherent instinct to seek quick success, and we need to work hard to overcome these human weaknesses.

Consistent with our expectations, government opening ➕ interest rate cut expectations ➕ cryptocurrency policies ➕ universal cash distribution, starting a new round of bull market, and also the best short squeeze opportunity, do not short ➕ do not short. In the past few days, repeatedly discussing bottom-fishing strategies, looking back it should become the best buying point.