The aftereffects of the April Fools’ jokes haven’t worn off yet, and the jokes that have been circulating cannot change the sad reality. Ethereum is like lying on a board, with no reaction at all, and is falling straight down.
In this round of bull market, although the overall performance of altcoins is poor, only Ethereum is in decline.
When it broke through 4,000, you thought that a big thing was coming and breaking the previous high was only a matter of minutes, but you didn't expect that it was just a routine means of distributing chips at high levels, and by the time you found out, you were already trapped.
The status of the second largest blockchain gave people too many fantasies. Between the noble Bitcoin and Ethereum, everyone chose the more popular latter without hesitation, but ignored an eight-character motto that has been verified in Dongda:
Stability is the most important thing, hold on to it and don’t speculate.
Ethereum is meant to be used, not for speculation.
If you bought $10,000 worth of Ethereum five years ago, you still haven’t lost money. Compared to other currencies starting with E, it’s really a good deal.
Even if we stretch the timeline from 2018 to 2025, 7 years have passed and the price of Ethereum is still as solid as a rock, which perfectly proves this point.
Many people only criticize Ethereum for not being powerful enough, and even when OM plummeted by 90%, they did not forget to step on Ethereum's back, but they forgot that the basic function of Ethereum is to be used, not to be hyped.
Ju Zuo once said that Ethereum is a good chain, but not a good coin.
From exchanges copying Ethereum in order to fill the dex puzzle, to various layers sucking the blood out of Ethereum.
Ethereum gave birth to the cornerstone of the industry, just like a mother spider, after feeding her children, she was eaten by them.
Some people say that it is all Vitalik's fault. He only knows how to pick up girls every day. If he is not picking up girls, he is just meowing like a cat. He is just like an idiot every day.
Haha, when Ethereum was at 4000, people called him Vitalik Buterin, but now they call him Little V or even Vitalik Buterin. They write jokes about him every day to make fun of him, and even say that Ethereum never disappoints people.
The trapped Ethereum holders, including me, have become what the joke tellers call E guards.
We are just holding Ethereum, so it is not a crime, right? Some people even mock us, saying that no matter what sins we committed in our previous life, we can pay them off by buying Ethereum.
You said Ethereum has no contribution at all?
I don’t agree with this. At least in this round, Ethereum’s transaction fee is already lower than Tron’s. Doesn’t it really benefit us Ethereum users?
As for the currency price, to be honest, I don’t see any significant changes in the short term. Even the Trump family has to cut losses when faced with such a thing, let alone small leeks like you and me?
You ask, since Ethereum has fallen to such a serious level, isn’t Vitalik worried at all?
People say, I don’t watch it, and as long as I don’t watch it, I won’t lose anything.
By the same token, as long as you don’t sell, you won’t lose money.
As for when Ethereum will break through its previous high? This is obviously a good question. I just hope we don’t have to wait another 45 years as shown in the figure below.
I am Ju Zuo, the founder of web3 Oasis and an expert in crypto asset recovery.