The length of the Dumb Stick is important: it's the same distance ETH/BTC plunged below the lower bound of the descending channel back in June '22.
Once the pair goes below that distance I'll change the name to Stupid Stick.
Discussion
they should never have gone proof of stake
that was bewildering
in any event it's headed to zero over time
Pandering to the legacy systems in place will buy short term relief but on a longer time horizon your project simply becomes subsumed.
Vitalik destroyed ethereum by pandering to the climate fanatics and the banking sector and I’m not sure he cares.
he has more money than he will ever need in his lifetime
I wonder how much of it he moves into Bitcoin
so yeah why would he care?