Let me share my understanding of why ETH isn't rising. After ETH transitioned to PoS, even if the total supply becomes deflationary, it doesn't really matter. In my view, the logic of ETH's price fluctuations is like this: all stakers are on the inflation side, while the frequently trading users are on the deflation side. The continuous decline in ETH's price seems to tell me that inflation outweighs deflation. This leads me to think that ETH trading isn't thriving; I can't find a way to ignite ETH trading, nor have I seen anyone else find one, so..........
Secondly, my attitude towards ETH is that it isn't fair. One aspect of this is the price fluctuations: the higher the price, the more those inflation-side stakers are essentially making money while contributing almost nothing to trading prosperity. Meanwhile, with rising prices, the deflation-side traders, who are a crucial part of this rise, are endlessly paying—network congestion increases, and gas fees go up.
The whole process is like this: the more prosperous the trading— the more deflationary the total supply— the higher the ETH price— the more the frequently trading traders suffer.
Actually, I don't fully understand ETH; I'm just scratching the surface. This is all I can see.
Come to the Binance chat room and discuss with me why $ETH isn't rising 👉👉👉 https://www.binance.com/zh-CN/service-group-landing?channelToken=16Xci04V6RsU-6xT8b9AAw&type=1