I do believe that ETH increase will be capped at around 2k levels eventually, not that it will not go up, but it will probably go up slower than others, which means while ETH makes 2x, some other coins will make x5 and that means eth will not be a good investment during that period. Of course thats something we should probably not focus on a lot of what happened, but take a look at whats going on and you will probably realize what that means.

ETH is having a huge huge problem with the gas fee situation, which makes it harder for smaller investors to use it and they leave, the higher the price went the lower number of users were left, sure the ones that are left are still rich people but they are fewer which means with one bear run they will all sell and since it is fewer people it will go down a lot quicker. At the end of the day we are not really doing that well at ETH for short term, we should find a way to make it lower.