Arthur Hayes defends Ethereum - while the price fights to hold the line.
💯📃 In a recent Fortune interview, the BitMEX co-founder said Ethereum still has the upper hand over Solana - thanks to its security, developer activity, and dominance in real DeFi use cases.
Yet on the charts, $ETH tells a different story:
After last week’s local high near $2,589, ETH just dipped to ~$2,400, testing a key support zone at $2,360–$2,400.
Hayes argues:
"People hate Ethereum because they think nothing’s happening - but that’s when it’s time to pay attention".
Will fundamentals win over short-term sentiment?
✅If bulls can reclaim, $2,440 - the path back to $2,500 might open.
❌Fall through support - and $2,323 is next.
