Why can't ETH rise? Let's put it this way, all the money in the ETH ecology has been sucked away by L2. An L2 can easily cost more than one billion US dollars. What's outrageous is that L2 is endless, OP, ARB, IMX, MANTA... and so on. There are a lot of L2 waiting to be released, so how can there be so much money to support the ETH ecosystem. In summary, it is believed that the market value of L2 is on the high side, which is a bloated burden for the ETH ecosystem. #cryptocurrency #BTC #ETH