Let’s talk about this atypical bull market. Recently, after ETH hit a new high, it pulled back a bit today. The trading style is super rough—when it pumps, it really pumps, and when it dumps, it’s like they don’t care at all. So, the usual cycles and indicators feel a bit off this time. It’s true that the chips are becoming more concentrated in the hands of the big players. I’ve been watching the news and some wallet addresses—lots of big whales and OGs with super low early costs are taking profits and selling off. There’s a lot of turnover happening here. This trader’s style is just like that, and people aren’t used to it. I’ve been observing for a while, and the repeated pumps and dumps seem more about accumulating positions rather than rushing to push the price up. They’re playing with absolute confidence—big money, big moves. Eventually, ETH will become like BTC, moving further and further away from retail investors. It’ll flow into sovereign wealth funds, big banks, BlackRock, and the trillions of dollars in pension funds in the West. Once they hold it, it’s all in the hands of super diamond hands. So, when the price dips a bit, these traders start yelling about “top signals,” using the same old indicators and perspectives. It’s like trying to use the sword of the previous dynasty to cut down the officials of the current one. They’re just big retail traders, no different from you and me. Instead of studying them, you might as well follow @fundstrat—this guy’s calls have been pretty solid the last few times, haven’t they?