Is $ETH overvalued or undervalued? The current functional attributes of Ethereum are: decentralized finance (DeFi), non-fungible tokens (NFT), prediction markets, decentralized social networks, decentralized identity, real-world assets (RWA), etc. To be honest, these things are a bit hard to understand, but they can provide a certain space for value expectations. Currently, the price of Bitcoin has reached a certain watershed, while SOL has also unknowingly fallen three times from its high.

Breaking down Ethereum's high point to the present based on this support shows that it hasn't fallen three times; taken individually, it's not much better than SOL but also doesn't hit the corresponding space value of Bitcoin's actual expectations. Simply put, it’s not as good as it could be, but it’s better than what’s worse. Late at night, I found that Ethereum is like the king of abstraction, so according to the pattern, the low point of this drop is around 1080, while the high point could be 7000-8000-9000 or even five digits. This means that with the current basis, a maximum floating loss of 50% could lead to an increase of over 500%. Ethereum, keep it up. #以太坊现货ETF