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 don’t know about within the next one year, (and i am biased bc i’ve always loved eth and only ‘respected’ btc) but imo long term there is way more upside to eth and currently the ethbtc ratio looks buyable even though it certainly could go lower short term

btc got a little exciting when they dabbled with ordinals etc but still seems very limited to “digital gold only” and to me asic mining pushes toward less decentralization due to economies of scale (&top 5 mining pools control >60% hash rate). imo renewable energy push is one of the only redeeming potential benefits of btc long term beyond store of wealth

eth the has potential to upgrade or replace almost everything i can think of

at some point these differences will reflect in price, i believe

pardon the mobile chart