From ETH Maxi to Rekt Realist: A VC's Painful Pivot at the Peak

Jack Yi, the brain behind LD Capital, has officially retired his Ethereum pom-poms. This marks the end of a months-long bullish parade that kept marching straight off a cliff, starting right around October when ETH decided gravity was, in fact, still a thing.

The early February nosedive served as a particularly brutal wake-up call, with Yi conceding that his early faith in ETH was, well, a bit premature. He’s now declared himself ‘fully invested’ in the school of hard knocks following his ETH adventure, though he’s keeping his new bag composition a closely guarded secret on Crypto Twitter—probably for the best.

In a move that screams "if you can't beat 'em, predict 'em," Yi has pivoted to gazing into Bitcoin's crystal ball. He's forecasting a BTC comeback tour to the $85,000-$90,000 zone, leaning on the classic crypto hopium of historical patterns that show big bounces after even bigger face-plants.

Don't call it a full reversal yet, though. He's not placing any bearish bets against the market, serving up cautious optimism with a hefty side of recent trauma. This is likely influenced by the recent spectacle of an entity named Trend Research, which on February 7th performed a legendary exit, dumping its entire 790,000 ETH bag and crystallizing a loss north of $700 million. A costly lesson in accumulation, held from November to February, for all to see.