Liquid Capital founder Yi Lihua stated in an article that for long-term spot investment, a few hundred dollars doesn't make a difference. The reason ETH is currently significantly undervalued, from a macro perspective, is due to expectations of interest rate cuts and monetary easing, as well as continuously crypto-friendly policies. From the industry perspective, stablecoins are growing steadily in the long term, and there is a trend of finance moving onto the blockchain. The fundamentals of ETH have completely changed, and these factors are also the reason for heavy positions in WLFI/USD1. After fully investing, the rest is left to time, with no plans for short-term trading. Finally, it is emphasized once again that spot volatility is already large enough, so try to avoid trading contracts; first, because most people lack the technical and psychological professionalism. Second, contracts are a game where nine lose and one wins, which drains people's energy; that energy is better spent expanding off-exchange business.