Looks like a lot of friends who recently got into ethereum:native are starting to feel restless! Let me answer this question: First of all, Ethereum definitely has more uncertainties, and way more than Bitcoin. Bitcoin’s advantage lies in its certainty—why would you even compare certainty with Ethereum? Secondly, what’s Ethereum’s biggest value right now? It’s the fact that its upper limit of imagination is much greater. The narratives we’re seeing now—on-chain finance, stablecoins, RWA, settlement networks—they’re all tied to Ethereum. But Ethereum’s biggest issue at the moment is this: users are on L2. Profits are with the Sequencer. Cash flow is with Coinbase/Base, apps, CEXs, and DeFi protocols. Security and consensus are on Ethereum. But ETH itself is only used for underlying staking and fee burning, so its value capture isn’t strong enough. That’s why, personally, I see BTC as more like the foundation of my crypto portfolio, while ETH feels more like the offensive play. I hold both, but if I had to go heavy on one right now, I’d only choose Bitcoin. As for Ethereum, my current position is at a point where I’m okay not selling, but under the current structure, it’s hard for me to justify buying more. This is my understanding at the moment—things might change in the future.