Looking at historical trends and technicals without considering today’s context is a mistake. Right now, there are many $ETH treasury companies accumulating ETH, and they’re unlikely to ever sell, creating an indirect stabilizing force in the market.

On top of that, ETH has structural demand coming from growing institutional and retail adoption, driven by its ability to enable secure, reliable, and efficient decentralization across countless use cases.

These are real demand drivers that in my view will significantly blunt the impact of any “awaited crash.” ETH is becoming a core engine for the future financial system, among many other applications. My take: hold, and don’t try to time the market.