ETH Has traded back down to 2016-2020 levels relative to BTC. I think the time to get excited again is when this retakes 0.036 at the very minimum. For me, ETH is still the most logical place for real & serious applications like RWA, DeFi etc. It's obviously less fit for other uses like a meme coin casino. With that, L2s are value extracting from this which is another issue. Regardless, chart tapped an interesting level, would not be surprised to see this sit between 0.023-0.036 for quite a while.