Odaily Planet Daily News Bitwise officially published an article on the X platform saying, "Ethereum's downturn has attracted some opponents. They overlooked the following points: - More than half of stablecoins are on the Ethereum chain. - More than 60% of DeFi assets are locked on Ethereum. - Polymarket landed on Ethereum. By the end of 2024, ETH looks like a potential reverse bet." Earlier, Bitwise CIO Matt Hougan said that ETH now seems to have no one interested, but as the year draws to a close, its poor price performance may be reversed.