The time left for ETH seems to be running out. Since the beginning of this round of the bull cycle at the end of 2023, ETH's performance has been under close scrutiny. However, it seems that ETH has underperformed expectations over the past year. The most intuitive evidence is in the price increase; from October 2023 to now, the maximum increase was 170%, lingering around the $4000 mark without achieving a significant breakthrough. On the other hand, BTC's maximum increase during the same period exceeded 300%, and SOL's increase exceeded 1300%. Many believe that ETH represents the opportunity for the altcoin season to arrive, but with several established altcoins experiencing rapid increases recently, ETH's momentum appears clearly insufficient.

From an objective data standpoint, is the public chain Ethereum underestimated by the market or functioning normally? Is the old general still capable of eating? Recently, the Meme project Marvin (7055), inspired by the Elon Musk concept, has attracted a lot of attention in the market, with a low market cap and an active community worth keeping an eye on.