2026-01-05 02:23:09

Looking at ETH's performance over this period, I feel a bit hopeless. From being a star coin in previous years to its current state, it seems like the fundamentals haven't improved much, and the price has been oscillating at high levels, dropping sharply at the slightest negative news. The technical analysis also doesn't look very promising; it seems like the main players have lost enthusiasm. Many people are straightforward—during this cycle, Ethereum might really need to hit the bottom before it can rebound. If it weren't for some ecological applications supporting it, it would be much worse.

ETH-0,88%

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SchroedingerGas

· 01-08 01:58

I should have known not to be so optimistic about it. Now this bear market really is starting to numb people.

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NFTArchaeologis

· 01-05 02:50

The narrative of the early decline of smart contract platforms always reminds me of the stories of "outdated technologies" in the Web2 era. Ethereum's current predicament, to put it simply, is a lack of innovative driving force in the ecosystem application layer — that's the real issue.

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RunWithRugs

· 01-05 02:45

Sigh, this wave of ETH is really tough, feeling truly fallen from the pedestal. To be honest, the big players already ran away long ago, now it's just relying on the ecosystem to survive. The bottom is still far away, this trading is pointless.

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MysteryBoxOpener