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JackYi: ETH may experience a bearish trend after November, with WLFI rising 50% recently Jack Yi, founder of Liquid Capital, stated that WLFI has recently risen 50% against the trend, mainly due to the market's optimism about the stablecoin USD1 track and prospects, the WLFI team's continued investment in repurchases, and the rebound of the overall market and US stocks. According to investment research data, ETH is currently facing large-scale short selling by multiple platforms and institutions. If it can survive the difficult period in November, it may face a bearish trend in the future. He believes that compared to four years ago, the price of ETH is severely undervalued in a favorable environment such as stablecoins, ETFs, DAT, and policies.