Ethereum Supply Crunch

Hello!

It's widely acknowledged that Bitcoin's halving event plays a significant role in its price appreciation. Despite an inflation rate of approximately 2% (from what I recall), Bitcoin's price has demonstrated a robust upward trajectory over time.

Could it be that the situation with Ethereum introduces a similar, even stronger dynamic? Currently, Ethereum is experiencing a negative inflation rate due to the ongoing burning of ETH. This process has been in effect for several months already.

However, I hardly read anyone mention this anymore. Given these circumstances, one might wonder if Ethereum is poised for a similar (and unexpected) price pressure?

Are there any indicators that show that the reduction in Ethereum's supply could trigger a supply crunch, potentially accelerating its price increase?