As a relatively unknown inverse index, I've had ETH in my name for at least four years. I watched it repeatedly reach triple digits. At 1500 this year, a sudden surge of shame struck me, and I changed my name to "NoETH." I'm not sure if my thinking today is still about inverse indexes, but I feel like I've had some fruitful discussions with friends, and I wanted to record them: I've finally felt the shift in fundamentals. My understanding of fundamentals is actually quite simple: "Money will follow." Unlike when ETFs first came out, Wall Street had the same question as us: Even if they do, should we buy? Should we buy anything besides BTC? Over the past two months, Bitmine has proven itself through its actions. MSTR has set a good example, and it's daring to lead the charge, so I'm following even more fervently. At this point, the logic becomes simple: if someone says they want to invest billions or even tens of billions in DAT, fine, let's buy both the cryptocurrency and the stock. Until one day, you think, "Hey, why are these people no longer buying? Their capital pool has dwindled, and they're buying some incomprehensible junk coins." Fine, cashout