Saylor dumps $BTC. Tom Lee loads $ETH.

ETHBTC trying to form a bottom after 8 years of pain. $BTC dominance staying elevated longer than any prior cycle, possibly topping. Retail only wants Bitcoin—sentiment is "nothing else will pump."

Meanwhile, Vitalik just announced the biggest Ethereum transformation since the 2022 Merge.

We're in a prolonged time-based capitulation zone. Even the strongest hands are folding. Most still believe in the 4-year cycle and are waiting to buy the $BTC bottom in October 2026.

Signs everywhere. This is either peak fear or the setup of the decade.