How useless is ETH this cycle? Just look at this strategy and you'll know. I have a quant strategy running on Pionex since 2023, already running for 900+ days, using the same strategy for BTC / ETH / XRP / DOGE. DOGE +905% BTC +544% XRP +157% ETH +12% This strategy works on the market as a whole: slowly buying when the market is near the bottom, and shorting in batches when the market overheats. Out of the four coins, only ETH underperformed spot. Why? Because ETH crashes the hardest during downturns and can't recover during rebounds. A few major bull market crashes dragged down the overall performance. All I can say is, ETH has had it rough this cycle...