ETH prognosis: Short-term quite bullish Medium term somewhat bearish Long-term very bullish FWIW, i tweeted something very similar in Q2 2021 and was obviously correct Seems pretty clear right now we're in a catch-up for awhile, ETH highly likely to appreciate in fiat terms and improve against Btc. Most of Btc's outperformance was Saylor YOLOing at any price, and now we have a bunch of ETH treasury vehicles without Saylor's baggage and cringe Eventually though the treasury vehicle fundraising will get exhausted and there's going to be some interesting interplay on the flip side. The fundamental reality of crypto is that Bitcoin needs to bring in ~$20 billion dollars a year in fresh capital just to have the price stay flat at $115k. So as long as we have a PoW orange memecoin at #1, we're highly likely to remain a cyclical industry Long-term, I expect ETH to be at multiples of what it is today, though of course that somewhat depends on to what extent the Ethereum community decides that it wants to win and eradicate obsolete tech like PoW forever: