The Ethereum series has indeed seemed a bit quiet during this period, especially since October 2022, and has faced considerable criticism in 2024 for its unsatisfactory performance.
However, everything has two sides. The reason Ethereum has faced such harsh criticism and has not risen is mainly due to the rapid increase from 2020 to 2021, which led to severe bubbles and heavy burdens. The major players are not fools; everyone entered at low prices to earn staking rewards, and the major players pulling the market up would only allow retail investors to profit on both sides. They cannot always act as the ones picking up the pieces.
This has also led to a prolonged two-year consolidation, transforming Ethereum from a "big guy" into a "young spirit." Now, Vitalik is no longer discussing love and romance, but has returned to work, promptly releasing the latest development roadmap.
This week, it is evident that the Ethereum series is starting to emerge, and I have always remained optimistic about it. After such a long period of accumulation, it is bound to shine brightly.
Therefore, I believe the potential of Ethereum at £2600 may be greater than that of Bitcoin at £60000. The development of Ethereum is clearly visible; it is taking steps forward, moving ahead.
