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

btc always outperformed eth at the start of a bullmarket

$eth is still the main asset on these L2s as well though, so i don't see the problem with that 

(ok we also have $OP and $ARB but that doesn't have a meaningful share yet)

I think there is a case for "this time is different" considering network usage used to only be on ETH but this cycle is the first time its being offloaded to L2s and other L1s