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As you might have noticed, I have been a bit more tempered in my stance on $ETH lately. The decline of ETH’s relative valuation has caused it to lose investor confidence, and when ETH aspires to be internet money, confidence is key.
The reasons behind ETH’s lagging performance have been the subject of debate for years now. Many of these issues plaguing ETH's relative valuation have been outside of its control – Gary Gensler, Michael Saylor, etc. (Gensler is gone, and ETH treasury companies have finally arrived; some external problems will just fix themselves.)
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