You don't understand why Ethereum is weak this round, it's like missing the opportunity to pick up money.
**The day the ETF was approved, the whole network shouted 'Institutional bull is here.' What happened?**
Grayscale sold for half a year, selling until the address was almost bottomed out. That little holding from BlackRock hasn't moved in three months. Where is the hundred billion dollar allocation you were waiting for? Buying US Treasury bonds for 4.5% isn't appealing? Why would they pick up an asset that has seen income decline for two consecutive years?
**The L2 story has been told for two years, and the result is that mainnet revenue has dropped by 90%.**
Arbitrum, Base, OP, daily active users are dozens of times that of the mainnet, and revenue is hundreds of times that of the mainnet. The DA fees they pay to the mainnet account for less than 5% of their total revenue.
In the past, Ethereum was raising its son; now the son is having the meat, and the father is just smelling the aroma beside.
**Have you ever seen a father so pathetic?**
**Builders have all run away.**
In 2021, six out of ten projects chose Ethereum; now it's less than three. Base, Solana, Sui, Berachain—Builders are not fools; they know where the users are, where they can make money, and where the popularity is. They are clearer than you.
**The community is already half dead.**
In the past, upgrades caused FOMO three months in advance, and the whole network was brushing EIP. Now Pectra? Do you remember what Pectra is?
It's not that the technology isn't good; it's that everyone is really too lazy to talk about it.
An asset has been standing on stage for eight years; everyone respects it, but no one wants to spend money on it anymore.
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**If you are not shorting now, what are you waiting for?**
Waiting for the market cap ratio to drop to single digits?
Waiting for Solana's market cap to step on it?
Waiting for that guy you went all in on in 2021 to finally sell at break-even?
**The line has been drawn for half a year.**
**The goods are still not sold out.**
**If you don't get on the bus now, this main decline wave will have nothing to do with you.**
**Set your short orders properly, don't wait until it breaks down and then ask in the comments:**
**'Can I still chase it?'**
#ETH #ShortEthereum #LikePickingUpMoney
#L2EatsMeatMainnetDrinksSoup #NarrativeAging
#BuildersAllRanAway #社区凉透