Peak signals have appeared. Recently, Xiaohongshu has seen a surge in posts about people quitting their jobs entirely and going all-in on Web3. Many of these posts are from highly-salaried individuals with prestigious backgrounds at prestigious universities and large companies. Based on historical cyclical patterns, unless it's at its peak, the instability of Web3 is unlikely to warrant a full-time job. One month? Two months? Perhaps we're closer to a bear market than we think.