Yes, as the title says, I would like to know what you guys think about it. I believe the main reason is that ETH moved from POW to POS. I am not investing a single cent in ETH anymore. But believe me, A lot of people still believe in ETH and want to invest their money.
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I guess the fact that it's still the top altcoin in terms of market cap is the reason why there are still investors that are still confident to buy Ethereum despite it's price movement in the past years.
I'm not a supporter of Ethereum although I'm holding a small amount of ETH, and if you will ask me, it's disappointing that Bitcoin did surpass $100,000 and reached as high as $109,000 while Ethereum on the other hand just reached $4,000 for a short amount of time, and it's a downhill on it ever since. Maybe we can include the pump.fun hype as one of the reason why Ethereum's price is going down for months, but overall, it is still disappointing.
I guess in the next bull run, it's time for me to shift my portfolio more into some other top altcoins out there and decrease my holdings on Ethereum.