Ethereum's Future: Cautiously Bullish?

TLDR: ETH is down around $2,135.82, losing 70% relative to BTC since FTX’s collapse, yet promising upgrades, new EF leadership, and institutional moves (e.g., asset tokenization) signal potential recovery by 2026/27.

Analysis: Despite steep declines and competitive pressures, ETH’s fundamentals remain strong. Upgrades like Pectra and EIP-7702 aim to improve user experience and scalability. Institutional backing (e.g., BlackRock) and innovations in L2s (MegaETH, Base) bolster long-term prospects, though regulatory and technical challenges persist.

Outlook: Short-term volatility will continue, but if upgrades execute as planned, ETH could rebound—patience and diversified risk are key. (NFA/DYOR)