WuShuo has learned that Livio Ong Xiaoqi, Executive Director and CEO of New Fire Technology, wrote in his column for FT Chinese that the market is underestimating the strategic significance of the Ethereum Fusaka upgrade due to panic sentiment. He believes that Fusaka is not a "technical patch," but a systematic measure to improve the ETH token economy. It addresses the "bug" of L1/L2 value capture by institutionalizing an L2-to-L1 "taxation" mechanism, resulting in a stable and endogenous "buyback" of ETH, which helps shift from long-term inflationary pressure to deflation.