You say ETH has no value? You know 90% of coins are eth20 coins right? ETH will pass his all time high soon. The rise of ETH is healthier this time cause we see more side movements which is good.
Lol. What he should have said is that when compared to Bitcoin, ETH won't stand the chance.
But still to a lot of people, they feel that ETH has no value because their gain after holding for so long has lesser impact or gain when compared to Bitcoin.