💡 Why are many people in the market not optimistic about Ethereum? 🔍
Recently, many people have expressed concerns about Ethereum (ETH), and the reasons are not simple:
1️⃣ Grayscale selling pressure 💸: Grayscale continues to sell ETH, and the selling pressure in the short term cannot be digested, and the market breakthrough is difficult.
2️⃣ V God has high-profile publicity, but the price of the currency has fallen 📉: Ethereum founder V God frequently speaks on X, but the price of the currency remains sluggish. Behind this may be the Ethereum Foundation's continuous selling of ETH, and there are even more plans to sell?
3️⃣ The pledge mechanism is questioned 🔐: More and more pledge projects are like "vampires", especially the proposal to lower the threshold for validators. The phenomenon of large investors harvesting retail investors is serious, and ordinary investors bear the price.
4️⃣ The deflation problem has not been solved 🚨: Although there is a destruction mechanism, the L2 expansion plan has absorbed liquidity, and there is an increase in issuance every year, and the inflation problem is serious. The decline in miners' income and the slowdown in ecological development have a negative impact on the long-term price of coins.
📉 Summary of views: Ethereum faces many challenges, especially internal pressure and market liquidity issues. But from another perspective, the solution to these problems may also create opportunities for the future. The key lies in whether the bottleneck can be broken through and market confidence can be rebuilt.
