1/ Regardless of actual impact, Cancun upgrade & ETF can at least draw market attention back to ETH
2/ L2 and LRT are about to bring a new round of asset issuance frenzy (bubble), ETH, as the only real golden shovel, will be further scarce
3/ The exchange rate retreats to 0.055, ETH becomes the best target for BTC profit-taking funds seeking rotation and missed-out funds seeking catch-up
4/ What does grayscale selling BTC have to do with ETH, if they want to sell ETH, they will have to wait until ETF is approved first, there might be false killing
ETH is a very good target at least in the first half of 2024
Already rushed in, whatever
#ETH
