On the first day of the new year, market sentiment received a clear message from an important figure. Jay Li, founder of the well-known investment firm Liquid Capital (formerly LD Capital), publicly stated that based on the logic of "short squeeze," he will continue to confidently increase his holdings of ETH in 2026, and may even use controlled leverage. He compared the ETH trading range of $1,000 to $2,000 in the first half of 2025, emphasizing that this is a trend investment and that fluctuations of a few hundred dollars should be ignored.