Why Is Ethereum Boring But Still A ‘Hold’?
In a detailed X thread, trader Stockmoney Lizards gave Ethereum an overall rating of 3 out of 5, describing the second-largest cryptocurrency as boring, but a good portfolio "hold".
On the technical side, ETH appears to be building a base around a key Fibonacci support level and has broken sideways from its previous range.
Lizards also questioned the “ultrasound money” narrative surrounding Ethereum, noting that ETH has recently become slightly inflationary as activity migrated toward Layer-2 networks.
Still, substantial amounts of ETH remain locked up, potentially tightening available supply if demand accelerates.
