Mid-term intelligence report!

ETH and ZEC intelligence are in place, with risks and hotspots coexisting.

$ETH fundamentals sounding the alarm: Vitalik defines it as a store of value, but fee burning only offsets 3% of issuance, and L1 revenue has plummeted 99%. Spot ETFs have seen outflows for six consecutive weeks, supply has increased by over 1 million, foundation sell pressure combined with upgraded vulnerability delays, showing clear weakness.

$ZEC community 68% bullish: NU7 upgrade accelerated, Argos tool unlocked $30 million in financing.

But challenges are significant: failed to hold above 1350, dropped 6% to test October lows, 1K support is fragile, retail high leverage hides strong liquidation risks.

Overall, the bulls are under pressure, don’t blindly catch the falling knife!

$ETH fell below 2100 today