I would like to share some of my thoughts on ether. Recently, the bullish power of ether is not very strong. Some people may say that ether is no longer good! When the big pie first came out, everyone called this circle virtual currency. After the emergence of smart contract chains such as Ethereum, the name of the circle was changed to the encryption circle. Since then, the encryption world has become more and more valuable. At the peak of all bull markets, The total market value of all coins except the pie is becoming higher and higher. The proportion of the pie in previous bull markets is getting smaller and smaller. The proportion of Ether is increasing. The data is enough to illustrate the growth potential of Ether! In addition, ether is known as the king of chains. Of course, some people say that sol may replace ether because sol chain gas is cheap and fast! However, many people may have ignored the ecology on Ethereum. Many large-market currencies such as horseshoe, op, arb, etc. all benefit from serving Ethereum. It is impossible for these on-chain ecology to be replaced in a short time. Some people may also I will refute it. It is possible after a long time. In fact, this is like the Internet. It is enough to have a boss. There is no need to repeat it! Unless sol is completely different from ether! Why has Ether not grown as much as Sol and Big Pie in recent months? I think it may be because the ecology is not active, and everyone is playing with NFTs and inscriptions on Big Pie. Sol is mainly hyped by old Americans. After all, the plate is small and the performance is better than before, so it can naturally be speculated. But I think the ether will take off soon. Two reasons: 1. Cancun will be upgraded immediately, which will help the development of the on-chain ecology. 2. If the next Ethereum ETF passes, it may bring purchasing power equivalent to the pie. If the lowest level of the current bull market is 10 times, then Ether may be at least 20 times. If it is 20 times, the high point of the current bull market for Ether may be around 17,500~18,000 US dollars. I think 20 times is still more reasonable and not too overvalued. many! Someone said before that it was $10,000. I think this price may be a bit low if the two conditions mentioned above are met. If we assume that the current level is 17,500-18,000, then Ethereum may have more than 4 times the profit in the next year. Of course, there may be a black swan event that causes a correction, but based on the previous event callback reference, the limit drops to about 30%. (Character limit, please read the comments section for continuation) #ETH $ETH
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