High gas fees, reduced popularity of DEFI, rapid decline of TVL on the chain, distrust of ETH2.0, criticism from miners, and restrictions on participants by the POS mechanism. Will the challenges of new technologies and new public chains cause ETH to decline rapidly?
Actually, I haven't seen any support for your claims. A negative person will, of course, think bad on the market but ETH has the capability and trust of the majority. You can't ride this from us as we know this project has a huge role in the market more than the other projects.
I'm not and I don't think this "Destruction" word means for ETH. If you are here OP during the 2018 market crash, you will be certainly thinking this might be the end of crypto where ETH price seems going close to $100 and Bitcoin had also dropped badly.