My base case is strong Q4 and crypto rocket in 2025 to ATH's.

But...there's a another theory.

 We may be in the show me phase of crypto.

There's a fair chance new investors won't hop aboard until crypto shows them the apps. This building phase - may last months - but it could last years.

It took amazon 10 years to reach ATH after the dotcom bust.

Be prepared for either outcome.

And with new chains being spun up all the time, eth is starting to look like the incumbent who hasn't delivered in an election year.