$ETH Ethereum is actually quite controversial. As the largest public chain in the ecosystem, I personally think that the reason why it is so bloated and competitive is that its L2 has too many application layers. In fact, one or two L2s may be enough, but after subdividing them again and again, the project parties are exhausted and retail investors are troubled, and everyone has lost their direction. Regarding the short- and medium-term Ethereum, at least after the ETF is passed, the trend has basically replicated the early trend of Bitcoin. If this analogy is maintained, Ethereum will directly reach a new high within two months. Let time take care of it.