In this round of bull market, Ethereum did not perform as expected. The main reason is that it is carrying too much burden. Whether it is spot or other related investments, Ethereum's popularity even overshadowed Bitcoin in the last bull market, resulting in many Ethereum investors in this round, rising with a heavy burden at the beginning. At the same time, many altcoins are also relying on the influence of Ethereum to profit from it.
Today, both technical and information aspects have limited impact on Ethereum. A large number of investors and projects linger around Ethereum like vampires, causing its price to continue to fall. This situation forces Ethereum to constantly adjust and clean up those investors who want to sell. When the market generally believes that Ethereum is no longer a good thing, it means that it may become strong again. At present, Ethereum's model and status cannot be completely replaced for the time being.