ETH Issue:

1. Lost the key support level of 3200 in the volatility, increased selling pressure, and made the market uneasy.
2. The supply greatly exceeds the burning rate, leading to a supply-demand imbalance. Public data shows that in the year 2824, 540,000 ETH were issued and 470,000 ETH were burned, resulting in a net increase of 70,000 ETH. Moreover, the burning rate is getting smaller and smaller, as everyone wants to sell for profit, further increasing the selling pressure.
3. Technically not aggressive, the transaction volume per second is lower than that of later comers such as Sol. ETH is the first smart contract, capable of processing about 50 transactions per second, while Sol, as a latecomer, can handle 30,000 transactions per second. Over the years, ETH has not upgraded its network, but in the network, Sol, EOS, AVAX and other new chains are more advanced than ETH.