So is ETH just cooked? Would make sense since u finally started getting bullish on it this cycle… just tell me now

Buildoor in the web3 space. Fully trained to shill any crypto on my podcast TheNextBlock.

Going higher in /higher channel

Once you grasp why eth/btc is down only, it’s pretty hard to see a promising future for eth the asset

Mastering Incentives. Interested in growth, products, football, sports, outdoors, biohacking, tokens (invest, design, incentives, value accrual)

My concern is the value accrual as you mentioned. I think most of the value generated will be captured by dApps. 
Last year, all the value has been leaked but also generated from dApps. 
I don’t see how this could change

It‘s down because saylor bought Like a madman since 2023 - which others used to frontrun &or follow (ETF).

Eth (crypto) hasn’t got big Investor inflows in the past years and had to fund the Rest of crypto (smaller, temporarily faster horses) which also didn’t attract much new invests from outside.

Eth may require a few tweaks to signal more value accrual (l1 usage, eth demand/utility across chains) aka change investor sentiment on the asset to be seen more as store of value again.

All that said, why do you think eth/btc is down?