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$ETH Everyone wants Ethereum lower Meanwhile it's is testing the same support that launched last rally Risk off here

101,558 görüntüleme • 1 ay önce •via X (Twitter)

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🚨EVERYONE THINKS ETHEREUM IS DEAD That's exactly why I'm paying attention The market is treating $ETH like it's just another altcoin It isn't Ethereum has already fallen almost 70% from its all-time high, while Bitcoin has held up much better That underperformance is exactly why the narrative has become so one-sided "ETH is dead" "The cycle is over" "Just buy BTC" I've heard this before The easiest way to see what's happening is the ETH/BTC chart The ratio has been crushed for years and is sitting near levels we haven't seen in a long time After months of underperformance, people stopped comparing Ethereum to Bitcoin and started comparing it to every failing altcoin That's the mistake $BTC and $ETH are still the only two crypto assets with more than a decade of history, no insider unlocks, no VC emissions and real institutional adoption The difference is that their economics are no longer the same Around a third of all $ETH is staked, earning native yield while remaining locked inside the network Bitcoin doesn't do that New $BTC is still issued every day, and miners regularly sell part of it to cover electricity, hardware and operating costs Then look at the corporate treasuries Companies holding Bitcoin own an asset that doesn't generate cash flow on its own Companies building Ethereum treasuries can stake their $ETH and earn yield while they wait It's the difference between holding an asset... And holding an asset that pays you to stay patient That's why I think the market is pricing Ethereum like a broken asset while ignoring how much its structure has changed over the last few years Could ETH still go lower? Of course. Markets always overshoot. That's why my interest starts between $1,400 and $1,050 Not because I know the exact bottom, but because that's where the risk/reward finally becomes asymmetric Last cycle everyone was calling for $10,000 $ETH It never happened This cycle everyone is calling Ethereum dead Markets have a funny habit of disappointing the majority I'm not bearish on both I just think the asset everyone has already given up on often becomes the one that surprises the most That's why I'm buying fear instead of chasing strength Maybe I'm early But I'd rather accumulate when everyone hates Ethereum than fight the crowd after it starts making new highs again Follow and turn notifications on Next few months could completely change the narrative

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27,548 görüntüleme • 29 gün önce