Ethereum layoffs +0.87%, Old hands advise you to stay calm and not get caught up

🚀 The big players are still the same, the $ETH retail investors are still the same group.

Today I saw the news that the Ethereum Foundation laid off staff +$1,668.52%, my first reaction wasn't panic, it was laughter.

I’m familiar with this routine; every bull market’s end, project teams will do a “structural reorganization” to soothe investors, basically meaning they’re out of money and shrinking to survive.

Thinking about it, it makes sense. $ETH is now at $1,668.52, only up +0.87% in 24 hours, this trend is weaker than the time I lost money on $ETH back then.

The Foundation’s remaining $ETH is less than 1,668.52% of the circulating supply, what can they use to support the market?

In the past, developer grants and ecosystem incentives relied entirely on the Foundation’s blood transfusions. Now, with a 40% budget cut, small teams are directly cut off, and funds are flowing to new public chains for subsidies. #以太坊 layoffs