The fundamental thesis for ETH is very strong given NFT’s,DEFI and stable coins rely on the ETH blockchain to exist.We have seen a significant comeback in NFT trading volumes which should act as a catalyst for ETH. Fundamentally I believe ETH will reign supreme over BTC as ETH’s proof of stake system is vastly more energy efficient than BTC’s proof of work system. Energy efficiency has been a big concern for the Crypto ecosystem, which is why once ETH is fully rolled over to the proof of stake system ETH should separate from the pack. 4K is my short term target. In the long term I believe ETH will trade much higher as I am a long term holder.
