Do you remember what I said yesterday?
"ETH is approaching the top, 4700 might just be the short-term endpoint."
Many people laughed at the time, saying the bull market has just begun, and that the bears have gone mad.
And today? The market has provided the answer.
Falling from the high of 4700, this is not accidental; this is the capital giving smart people one last chance to escape.
History is always remarkably similar—2021's "DeFi Summer" peak was also when optimism drowned everything, and then capital evaporated overnight.