Ansem Says Ethereum Is in a Worse Spot Than 2023 as Thesis Weakens
BeInCrypto
Crypto analyst Ansem argues Ethereum's market position has weakened since 2023, citing diminished relevance compared to competitors and persistent technical downtrends.Summary
Crypto analyst Ansem contends that Ethereum is in a worse position in 2026 than in 2023, noting that its core thesis has eroded. He points to Solana's retail dominance, the rise of alternative platforms for perpetual futures, and concerns over Ethereum's security narrative following specific DeFi exploits. Ansem also highlights technical weakness, suggesting the price could drop significantly unless new catalysts emerge. While some community members have pushed back, citing broader liquidity and institutional potential as bullish factors, the analyst maintains his cautious outlook amidst a sustained downtrend.
(Source：BeInCrypto)