[Yilihua: Persistently Bullish on Ethereum] Odaily Planet Daily News – Yilihua posted on X, citing the latest report from Trend Research, stating a persistent and firm bullish stance on Ethereum. 1. Strengthened Wall Street Consensus: The SEC Chairman's latest statement, 'Finance is migrating on-chain,' highlights that U.S. political and economic elites are jointly promoting the tokenization of U.S. Treasury bonds, with Ethereum as the core infrastructure. 2. Fusaka Upgrade Reshapes Value: Blob fees have surged, with over 1,500 ETH burned in a single day, accounting for 98%. The prosperity of Layer 2 is strongly benefiting the mainnet, with deflation imminent. 3. Extreme Technical Cleanup: Speculative leverage has dropped to a historic low of 4%, and exchange reserves are down to just 10%. ETH/BTC is consolidating and showing resilience, with short positions weakening and a short squeeze imminent. In a rate-cutting cycle, capital is rotating from BTC to the more utility-driven ETH. The original report can be accessed via 'Trend Research: "Blockchain Revolution in Progress, Persistently Bullish on Ethereum."'