I do think ETH will be fine, I just struggle with the case for owning it vs BTC/SOL, and haven’t heard a good case for why it’s bullish *against* those assets. 

We saw like a week post-election where it outperformed, and then ETHBTC got sent back down to new lows. Would be keen to hear a material case for ETHBTC or ETHSOL being green over the next 1y

I agree, ETH's relative weakness is concerning.  It needs to prove itself again afer this multi-year bear market vs BTC.  That said, I'm still holding some for its long-term potential.  A diversified approach with exposure to BTC, SOL, and other promising L1's like SUI & MEMEs seems wise for now.