PANews reported on February 2nd that Jack Yi, founder of Liquid Capital, admitted in a post on the X platform that his premature bullish stance on ETH was a mistake. "As the person under the most pressure online right now, I must first admit that it was indeed a mistake to be bullish on ETH too early after clearing out my positions at the top. BTC was around $100,000, while ETH was consistently around $3,000, which we considered undervalued. Currently, the previous round of profits has been retraced, and position size dictates our strategy. While controlling risk, we will continue to wait for the market to move upwards. Thank you for your concern. Investing and trading are the most difficult things; being in this industry, it's always tempting to be bullish."