$ETH is being suppressed too much at the moment!
You can see that this season after $ETH switched from POW to POS, it opened a completely new page and helped $ETH become more and more vibrant, as well as diversify the ecosystem and have more outstanding features.
And#ETHalso went through a number of upgrades to help Ethereum 2.0 gradually take shape and become more complete. For example, upgrading Shanghai, Dencun... helps increase scalability and reduce transaction fees.. And there will be many more upgrades to come.
However, with the current price situation,#ETHhas not increased as expected compared to some projects such as#BTC#BNB#SOLand especially after the ETH ETF,#ETHhas been corrected quite deeply to the current price of 2.5k$. This has caused all projects, Dapps, Layer2 on Ethereum to have difficulties in general, and have all been corrected in price as well as not having waves.
Looking at the ETH/BTC pair, we can clearly see how much weaker#ETHis than #BTC!
Hopefully in the near future,#ETHwill gradually improve and the initial goal is to surpass the 0.05 threshold to gradually pull the#ETHsystem up. Before increasing to conquer the above levels.
Will you guys continue to buy#ETHnow? Personally, I think that if anyone is sure to bet on top coins with large capital,#ETHis currently too okay in terms of long-term profit expectations for us.
