Ethereum is about to complete the adjustment, looking forward to the market in the next few months!

Technical analysis: Whether it is the exchange rate relative to BTC or denominated in US dollars, Ethereum is currently showing a bottoming pattern.

ETF dynamics: Although there have been recent news of ETF rejections and postponements (usually negative in a falling market), given that institutions have invested a lot of energy and costs in this regard, they are unlikely to give up easily. Therefore, I think it is only a matter of time before the approval is approved, and it is likely to be realized in the second half of the year.

On-chain activity: Currently, the activity on the Ethereum chain is low, and it has been in a downturn since the Cancun upgrade. I don't think this is a bad thing. If the chain is very active, the price may have risen long ago. Both layout and ambush are the best time to do it in a downturn.

King of public chains: I still think that Ethereum is the king of all public chains and has the most potential in future development. I believe that V God can continue to create miracles.

No matter how much disappointment and negative news there is about Ethereum in the outside world, I always stick to my current views and wait for the next few months to gradually verify.