ETH is a very controversial coin. Those who are optimistic have always been optimistic, and those who are not optimistic just aren't. When the bull market comes, large funds start with BTC, then the liquidity overflows to ETH, then to large-cap altcoins, and finally to small-cap altcoins.
I started to question ETH's value back in 2023, but being pessimistic doesn't mean it won't rise.
No matter how others see it, as long as you can stick to your own opinion and hold firmly until the bull market, you can make a profit.