Unpopular opinion: #Ethereum is dead.

Smart contracts, Ethereum's core use case, are rapidly diminishing. The Merge had little to no effect on the price, even though $ETH has become deflationary. Additionally, staking with higher returns is available on other networks, leaving Ethereum with no real unique selling point. Sad.

Legend: This chart shows the #ETH/#BTC pair, representing how many BTC you can get for one ETH. When the line falls, Bitcoin outperforms ETH, and when it rises, ETH outperforms Bitcoin. There's a long-term trendline that has held since 2016. However, as we know, trendlines and support levels tend to weaken with each subsequent test, so it's possible that this support will break. #dyor

#ZeusInCrypto #FOMC