3. There will be no further rally to USD100,000, let alone USD1 mil, into the future.
In what time frame?
Ahh... forgotten to clarify this.
Time frame is "into the future", as in within your and my lifetime.
But you also believe that Ethereum will "surpass" Bitcoin as the most valuable cryptocurrency in market capitalization. That is where your "prediction" will go wrong. Fundamentally Bitcoin is the better network than Ethereum in design and in development.