“$ETH is it the scam of the decade?” – A question I received this morning.

Sipping the first coffee of the day, opening the chart:

BTC is hovering around $88,400, ETH is still quietly at $2,900, while Gold has surpassed $5,000.

Is it heartbreaking? Honestly, it is.

On January 27, 2026, the crypto market is no longer the stage for green and purple meme coins or baseless pumps. What is happening is a real psychological battle.

Bitcoin stands right before the threshold of $90,000 – where many analysts call it macro revaluation, not a normal adjustment. But the closer we get to this threshold, the greater the doubt.

ETF has slightly withdrawn.

ETH “hasn’t run yet.”

The timeline is full of questions like: “Is crypto over?”

But while the crowd wavers, smart money does not disappear. It just becomes quieter.

In the Vietnamese community, many people are gathering $SOL around $123, monitoring $XRP each step closer to $2.00. No noise, no bragging about profits, just patience.

Because the narrative is changing.

From Hype → Fundamentals.

From meme → Layer-2, AI, real infrastructure with users.

Those who have gone through several cycles understand:

👉 When the market is cold, trust is tested, that is often when the foundation for a new cycle is being built.

👉 When everyone demands to “run immediately,” patience becomes the most valuable asset.

Crypto is not dead. It is just filtering people.

The question this morning is not: “Is ETH a scam or not?”

But: do you still have enough patience to stay?