jakiro
Author: Ryan Sean Adams, Bankless co -founder; compile
“EthereumThis bull market is missing. “
At least since September 2023, I have heard this view among investors.
The encryption market skip them means that ETH performs poorly. For example, ETH performance is not as good as BTC or barely defeated BTC.
Now, you can look at this issue from the perspective of people who like Ethereum. They believe that “Ethereum is dead” and has been replaced by “updated technology”.I think this is a boring one -dimensional view, and it is obviously wrong.I am still a full ETH bulls.
Therefore, let’s analyze from the perspective of the Ethereum for a long time.
I heard two views from ETH multi -headed people.
1) This cycle will be missed with Ethereum
Why?Because Ethereum is experiencing embarrassing emotional stage, it is trying to mature, but the world cannot understand this development period.
The biggest change in Ethereum this cycle is L2.This is Ethereum that the new users basically not to use the main network- “Hey, we are too expensive, but the good news is that we have 100 shiny new L2, you will like it!”
Bridge, fragments, frustration, and repetition.
But L2 is Ethereum!
Yes, yes, I know it is right.L2 is great. They are the best long -term way to expand and decentralize, and it is also Vitalik’s vision … and so on.
You don’t need to tell me -I have been modular since 2021, but the problem is that I am not an ETH new border buyer!
Who is the new buyer?It is chimd.It is an application user Stacy.It is tradfi user Larry.
But Chad and Stacy are busy buying tokens on the chain they are using, and 96 options on L2Beat.At the same time, Larry is buying Bitcoin -Do you think he really cares about cash flow on the chain now?
But the fragmentation is being solved, and the fundamentals are important because …
Ethereum is gritting his teeth, taking a difficult road, and experiencing its necessary embarrassing stages to become a mature and well -operating mature blockchain.
This is long -term investment, but will it bring a return in this bull market cycle?
In this point of view?No.We miss this cycle.
2) ETH bull market is coming soon
Now, let’s take a look at the second ETH bull market view …
Of course, ETH of $ 10,000 is coming … Please wait a minute.The first is BTC, then ETH!This happened like this!
In fact, if you don’t know how much Ethereum is now much stronger than the 2020 cycle, then you must be a fool.
Ethereum has monetary economics as firm as rock.The world’s largest exchange is launching ETH L2.ZKEVM is here.Infinite L2 budget is accelerating the development of ETH technology.We are on the edge of ETH ETF!Bellaide is launching a token -based Treasury bond … Do I still need to say more?
Ethereum is the basis of 1,000 chains, with 1 million users per chain.
What should I do if L2 chain fragmented?
These 100%will be fixed.At the same time, other blockchain is being assumed crazy centralized debt, and they must finally repay!
Overall, investors awaken and start paying attention to cash flow is only a matter of time.Ethlessness and this cycle will be the most stupid result, and this possibility is too small and it is almost worth considering.Yes, the ETH bull market is coming.
