There’s a saying that “comparison is the thief of joy.” But when it comes to asymmetric assets that trade in narrative arcs, comparison is actually one of the most valuable tools we have.
Because what if the thing you’re holding isn’t just undervalued? What if it’s early in the exact same structural journey that once reshaped an entire sector?
That’s what I see when comparing Ethereum today to Amazon in the early 2000s. It’s not about predicting the next all-time high. It’s about stepping back, zooming out, and recognizing the bigger picture most people forget when they’re stuck watching the 1Hr chart.
Let’s dive in.
The Asset Bubble Blueprint: Boom → Bust → Repricing
Groundbreaking assets almost always follow the same arc. There’s a pattern that keeps repeating when an asset is trying to solve something that fundamentally changes how we operate. First the market gets excited, then it gets disappointed, and then if the mission proves real, it starts to understand what it was actually buying in the first place.
The Boom
It always starts with a surge of optimism. A new asset enters the scene with a big promise and even b
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