Ethereum's Upgrade Broke Everything

"We are short and think ETH is headed lower."

"They note that ETH's inflation rate will likely climb higher than the current 0.8% and that Ethereum will continue to lose mind share to competing chains like Salana and could even be cannibalized by its own layer 2 ecosystem."

"Naturally, this could push staking yields even lower and could exacerbate the poison transaction problem we've already discussed."

"Transaction poisoning will likely keep growing until a fix is implemented, if ever."