Is Ethereum a Safe Haven or Missing Out? A Trader’s Perspective

Ethereum’s recent market performance has sparked debate among traders. X user Sherpa recently voiced his opinion, highlighting the lack of compelling upside potential in ETH despite its relative stability. Sherpa asserted, “$ETH will eventually go up but the honest question is why would you buy it?” He cited Ethereum’s immense liquidity and downside protection as reasons for considering the token, but also cautioned that its current position far below its 2023 highs limits upside potential.