I do not have any reasons to think that this is the bottom. I just have reasons to believe that this is not the highest price that it will ever have, in the next few years. Barring a catastrophic failure in the Merge (which is a possibility, but not likely), I am pretty confident predicting at least a price of 2k ETH at some point in the next 3 years, and I think I am being super conservative.
I do not have any reasons to think that this is the bottom. I just have reasons to believe that this is not the highest price that it will ever have, in the next few years. Barring a catastrophic failure in the Merge (which is a possibility, but not likely), I am pretty confident predicting at least a price of 2k ETH at some point in the next 3 years, and I think I am being super conservative.