Compared to Bitcoin, Ethereum seems undervalued. I am not sure if I made a mistake by holding Ethereum. Monitoring for a long time, but it doesn't want to go up. Though Bitcoin pumped a couple of x, Ethereum still seems to not want to move. I am unable to find any valid reasons why ETH is not moving. What do you think? Is Ethereum potentially better to hold or move to another altcoin? Just for information, I don't like to hold shitcoins except top altcoins. Because I have experience of loss in a big amount by holding shitcoins. What are your thoughts?
The main reason Ethereum price is not experiencing a rapid increase in my opinion is because of the many new L-1 & L-2 projects being developed. That makes the market capitalization that should be centered on Ethereum in altcoins become spread. If you want safe profit, keep holding your Ethereum (ETH), even though it is not showing a sharp increase at the moment, but I'm sure one day you will get a decent profit from your patience.