The Cancun upgrade of Ethereum has been completed, and the cost of L2 has indeed been reduced by more than half. However, L2 coins such as ETH, ARB, OP, and MATIC have not risen but fallen. This is almost a common problem every time Ethereum upgrades.

1. Surge before upgrade

2. Compensatory increase after upgrade

3. Fall during upgrade

Therefore, I am still relatively optimistic about Ethereum’s later period. At least before June this year, it will break through 5,000 and hit a new historical high. There is no suspense. #ETH✅