Ethereum life and death: should you cut the meat or buy the bottom?

Now there is a lot of noise in the market about ETH - some people are shouting "zero immediately", others say "about to skyrocket". Today, let's put aside our feelings and talk about the real situation of ETH in the most straightforward words.
1. Bulls: ETH is still a son
Bulls are mainly staring at these three points:
The first big brother is as stable as a dog
- Stablecoins, on-chain AI, and other new things are all running on ETH
- Institutional bigwigs say: as long as the policy is relaxed, ETH will definitely be the first to eat meat
The second is that I feel that the technology upgrade is a big move
- The upcoming Prague upgrade will make gas fees cheaper
- Layer 2 is becoming more and more mature, and the user experience is about to take off
The third doesn't lie statistically
- TVL (locked) $50 billion, accounting for half of the entire market
- Twice as many developers as other chains combined
- Inflation is now lower than Bitcoin
Second, the bears believe that ETH has become an antique
The bearish reasons are also very hardcore 😀
1. Reality is skinny
- The ETH/BTC exchange rate fell to a five-year low
- New users are running to play Solana
- Even Uniswap has to go it alone
2. Technology is a drag
- The more developed Layer 2 is, the less valuable the mainnet is
- After three years of upgrading, the experience is still stuck as a dog
3. A bunch of internal problems
- Foundation executives secretly cashed out at a high level
- The development team fights every day
- More than 900,000 ETH is printed every year
3. So what should I do?
There are three options for three types of people:
1. Long-term holder
- Those who believe in the technical background of ETH
- Able to withstand shocks for at least 1-2 years
- Positions can now be opened in batches
2. Short-term players
- Leave a bottom compartment to prevent shorting
- The main funds go to other hot spots
- Wait for the ETH trend to be clear before killing back
3. Risk-averse
- Reduce positions when there is a rebound
- Wait for the ecology to turn around
- Completely switch to other public chains
Finally, a reminder to everyone
The market will always be slapped in the face, don't all in any point of view. Keep an eye on on-chain data (such as gas fees, TVL), ETF progress and upgrade landing, and bear your own profits and losses!