Talking about Ethereum: We cannot ignore the price, but we also cannot focus solely on the price | If you have been in the industry long enough, you will know that innovations often appear suddenly and unexpectedly—

I resonate with this statement from Blue Fox @lanhubiji—

It is politically correct to support Bitcoin, but since this cycle began, Ethereum has become the target of many criticisms. Even when I bought ETH, I was criticized for supporting Ethereum. I find this unhealthy!

We cannot ignore the price, but we also cannot focus solely on the price. It is normal for price and value to not match, and they will never absolutely match. They will only oscillate between being undervalued and forming a bubble. You just need to know what stage Ethereum is currently in;

I have always emphasized that I agree with all the issues surrounding Ethereum now, but I have never been so pessimistic about Ethereum;

If you have been in the industry long enough and have experienced despair and significant downturns more than twice, when you saw Ethereum drop to 80 in 2018 and heard endless despairing voices before DeFi emerged, you will know what I am talking about;

If you have been in the industry long enough, you will know that Blue Fox is very right. I have also discussed this in my previous tweet. The reason our CRYPTO circle is magical is that CRYPTO is a mysterious and unknown world, changing rapidly. We cannot predict what innovations will suddenly emerge in the future; most things just appear out of nowhere. Before ICOs and NFTs became popular, who would dare to say they could foresee these things exploding on Ethereum?

We can only trust the underlying technologies that have been validated by time and recognized by the world. The consensus built by Ethereum over the years and the ecological framework formed are not so easily collapsed. It is rare for a blockchain to endure so many ups and downs without falling, capable of withstanding financial games.

Perhaps the Ethereum community and developers need to continue pushing for technological innovation while attracting more applications and users back to L1 or L2 through economic incentives and ecological construction; perhaps Ethereum will produce highly disruptive applications; I do not know how it will return to glory;

However, the consensus on security and the underlying value built by Ethereum are actually the more valuable assets. New knowledge often emerges after connections are made, and new functions often appear after functionalities are connected;

The time for Ethereum's innovation has not yet come; the underlying has not changed; only people's hearts have changed; I will patiently wait!

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