When will this hell be over?

Compared to other assets, does anyone know who can say ETH(Ethereum) had a bubble during the last cycle?

Last year, ETH broke 2021 ATH(All Time High). BUT it increased a little bit more, around hundreds dollars.

Now, the current price is under $2k. This price level is similar to 2022 ATL(All Time Low) and 2018 ATH. That's why I still think the current price level is low.

Nevertheless, much global liquidity hasn't come to ETH yet.. so, depressed.