The founder of the investment firm DFG points out that large investors and the traditional finance sector just don't trust ETH. James Wo
blames Layer‑2 networks for that. Ethereum's main blockchain is losing economic activity, and as a result, ETH's value keeps falling. Wo believes Bitcoin will keep hitting new all‑time highs, but ETH has already peaked and will never see $5,000 again.
Personally, I think that's great news. I trade Bitcoin using a DCA strategy, adding positions on pullbacks to the lower Bollinger Band. According to HODL trading rules, I'm not supposed to sell BTC, but I'm seeing signs that crypto is about to drop. What if I opened a short position on ETH at that moment? That could offset some of the downside. If my prediction of an ETH drop turns out wrong, I'd end up with a position that's equivalent to shorting ETH/BTC.

As you can see on the ten‑year chart, Ethereum has fallen back to its lows after a failed recovery attempt back in 2021. The biggest altcoin has been losing ground to Bitcoin for four years now, which makes it a perfect candidate for a hedging strategy. What does everyone think about this? Is a new all‑time high for Ethereum out of the question?
