i don’t agree with it because i think it was missing the very obvious expected 2nd and 3rd order effects BUT i can see why some may have been long-term bearish on ETH in the past couple of years if they didn’t understand or care about the properties which make it more decentralized and desirable as a global settlement layer than the alternatives but if you’re bearish on it now, you’re basically fighting against Wall Street and probably soon governments who are converging around it as exactly that global settlement layer we’ve been talking about for years the trenches have completely vaporized people’s brains and they think everything is a <30 day trade now Ethereum is about to break out- not just in the chart, but in real world adoption and relevance. THE TYPES OF PEOPLE/ENTITIES ACCUMULATING IT WHILE THOSE HERE SELL TO THEM TELL YOU THE STORY they’ll look back and say it is obvious. but look around today at the mental gymnastics from some of the biggest accounts in the space and it’s anything but obvious to most here therein lies your alpha, if you can stomach the volatility and not get blown up through it ETH is a multi-year and multi-decade play
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