Everyone panicking over the $ETH dip but this reset was vital.

Leverage was maxed out. OI ballooned to $20B, funding turned frothy.

ETH needed to breathe.

Now?

We’ve shed $4B in OI.

Funding cooled. Sentiment shaken.

Perfect recipe brewing…

One last shakeout then a nasty short squeeze could ignite the next leg.

Ready or not.