<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvNGY4ZWFmZjQtMDNjOC00M2VkLWFmNGQtMTkyNmVkODc2NDBiLmpwZw==.jpg"></p><p>A deflationary Ethereum supply does not necessarily mean a bullish market for ETH, at least in the near term.</p>