What roles are BTC and ETH playing? Is this what they were supposed to be?
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BTC has been seen as a 'hedge' against investments in the worldly financial system as it descends into chaos. More recently, people have seen ETH as a hedge too as it seems to share properties as a store of value, like BTC. Gold has had a 5,000 year track record as a store of value, can we see people move into crypto as a store of value? Can crypto become a 'money' rather than the 'currency' that it is today. Will it take a total financial collapse for us to see people move into crypto? Even if there is a 1% chance that crypto is 'right' surely it's worth the hedge?
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