I have held ETH for a long time. When the price is not good, I also reflect on the value of ETH. Let me share my views:
1. Since its birth, ETH has never been completely down. Even when DeFi was at its peak, it proved its excellent stability.
2. Many people believe that the L2 strategy has diverted ETH's own users and funds. In my opinion, this is a clear path for ETH as the world's computer and underlying settlement chain. Use L2 to undertake users and applications, and solve C-end experience such as fees and speed. ETH itself solves the security and stability required by the B-end.
Moreover, companies such as Sony and Coinbase have directly used L2. These companies are not stupid. Security and stability are guaranteed by the ETH mainnet. You can directly send a chain with one click to meet your needs, which improves efficiency.
3. If you want to wear the crown, you must bear its weight. Everyone's disappointment with ETH in this cycle comes from the expectation that it will lead innovation, not disappointment with its own public chain. There is still a difference.
4. Don't do crowded transactions. Everyone is FUD and sells coins, so you just follow them. Although ETH's price performance is not good, its fundamentals and revenue performance have not changed fundamentally. Although the transition from POW to POS lacks the support of miners and the support of basic prices, the value of ETH will be healthier. ETH has become more pure, and everyone can just look at its ecological development and technological development.
