The most likely thing that can bring the ETH/BTC exchange rate back to its historical high is AI Agent.
If everything goes well, $700 million of $virtual doesn't seem too far away.
I remember when the price of ETH fell to 2200, the most serious FUD in the market was flying all over the sky, but I still chose to exchange some ETH, and kept telling everyone who asked that ETH still has potential.
Moreover, with Trump taking office, the staking income of DeFi and ETH ETF may be unblocked, and with countless AI applications, the prospects of ETH are still full of hope.
The market seems to be volatile, but people who really have a long-term vision will still seize these potential points.