Ansem, this time I agree more: it feels more like a rotation of funds rather than the end of the market. The old money that made profits earlier is starting to take profits, while new money is re-entering BTC and ETH. A lot of funds that haven’t participated in the on-chain market are still waiting on the sidelines for opportunities. As long as new money keeps picking up the chips sold by old money, a pullback is just a rotation.