Everyone's screaming "ETH is dead" because 9 people left the Ethereum Foundation.
Ā Let me give you the real read:
Vitalik didn't lose control. HeĀ gave it away on purpose.
The EF is shrinking intentionally ā lessĀ
$ETHĀ selling, tighter focus, more decentralized execution. That's not a red flag. That's a protocol maturing.
The network doesn't care who sits in the Foundation office. Fusaka shipped. Glamsterdam is coming in June. Hundreds of client devs, validators and L2s are running 24/7 regardless.
Here's the philosophy lesson :
Every cycle, the crowd panics at theĀ restructuringĀ and misses theĀ opportunity.Ā They did it in 2018. 2020. 2022. Each timeĀ
$ETHĀ came back harder.
FUD is just a discount label for those paying attention.
ETH at ~$2,100 with institutional ETF inflows, Glamsterdam around the corner, and BitMine holding 3.8% of supply joining the Russell 1000 in June?
The beach is quiet right now.
That's usually when the wave builds
Not financial advice. DYOR