In the short and medium term, there are really a lot of stupid funds outside the circle, plus some catalyst ETH is hard enough, @Pentosh1 the teacher is right, follow it
Looking at it in a circle, there is basically only one idea to buy ETH, which makes a little more sense, that is, the so-called funds outside the circle will allocate some ETH while buying BTC, which is a relatively stupid outside the circle of funds, so I think the amount of funds entering is extremely limited Speaking from facts, take the K-line from the past 17 years to the present If you don't know how to do swings, ETH has been confirmed to have no long-term investment value, and the value of ETH comes from on-chain fee income Just imagine Ethereum now 500 times PE and growth withered and no growth can be seen Which traditional big money would really favor it? The demand for value storage is enough to have two big brothers, BTC and gold, and SOL is not 150 times cheaper
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