Postscript: I cleared most of my ETH positions between 3000-4000. My logic: The delivery of the L2 roadmap did not meet expectations, resulting in significant loss of users and developers. 2. There is a problem with the L2 value capture mechanism, as most of the income flows to Coinbase shareholders rather than ETH holders. 3. Ecological participants do not make profits by holding Ethereum and building projects, but by catering to Vitalik's values and obtaining official endorsements for profit. I have been holding Ethereum since 2017 and actively participated in Ethereum construction @ WTFAcademy_ during the last bear market due to PEOPLE's experience. But based on the above logic, I concluded that ETH is unlikely to have outstanding performance in this bull market, and chose to clear most of its ETH positions at the end of last year. I still have a long-term bullish outlook on ETH and am prepared to repurchase during bear markets. I believe it will perform better in the next cycle.