ETH bulls finally offer a strong bullish narrative but... .... for a violent upward move I want to see strong onchain metrics for L1: 1. Transaction count finally breaking a 3-year slowdown 2. Active addresses starting to rise 3. However, price increase, transactions, and active addresses have yet to make ETH deflationary Over 30d, 6k ETH burned vs 79k issued. - Need to scale the L1 - Need new dApps on mainnet - Need more activity on the L1 Then ETH will be unstoppable.