First, let's get to the point: the underlying logic of ETH has been completely rewritten. Why? It's simple, there are two facts you must face: ① The ETH Foundation + Sharplink are working together to make moves. This is not a joke; they are seriously sweeping the market, locking up coins, and cutting off circulation, aiming directly at becoming the "MicroStrategy of ETH." When the core operators of a chain start hoarding coins and controlling the market, you should understand: this is not a circulating token; this is a future "financial weapon." ② The "Clarity Act" has officially landed, drawing a red line for the entire industry. From now on, in the entire crypto world, only BTC / ETH / ADA are compliant "mature public chains"—federally stamped and regulatory endorsed. Other chains, no matter how high your market cap or how large your community, as long as you are not on the list, are considered risk assets outside of regulatory oversight. XRP? Solana? SUI? BNB? All pushed aside. It's not that I don't have faith; it's that the Clarity Act clearly tells us: they haven't graduated yet. So moving forward, please use a "regulatory-level valuation system" to view price expectations: • BTC → $150,000: driven by political correctness + gold narrative • ETH → $10,000: supply-side tightening + on-chain capital central position • ADA → above $5: the only fairly priced blue chip + the only "mature public chain" that hasn't been inflated Don't understand? Don't agree? Keep chasing small coins and dreaming. But the strongest Beta of this bull market is in these three chains. If you don't understand the fundamental reassessment of these three, you will completely miss out on the most certain main uptrend.