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Gm CT!
Ethereum Foundation has cut 20% of its staff.
At first glance, that sounds bearish.
But the market rarely reacts to headlines alone.
There are 3 ways to look at this :
• Bearish: The Foundation is feeling pressure and cutting costs.
• Neutral: A normal restructuring to improve operations.
• Bullish: Less focus on growing the team, more focus on building and shipping products.
We’ve seen major companies make similar moves before entering their next phase of growth.
Right now, nobody knows which narrative is correct.
What matters is what Ethereum does from here.
More innovation?
More adoption?
More execution?
That’s what the market will be watching.
$ETH 👀
What’s your take? 🤔