🧿 ETH’s Credibility Gap The Ethereum Foundation’s repeated ETH reductions, including the latest 10,000 to BitMine, land badly because they clash with the story the market keeps being told. When the people closest to the protocol look defensive, traders don’t see stewardship — they see supply pressure and mixed signals. 🕸️ I think this matters less as a single event and more as a trust leak. Bullish narratives around staking, L2 growth, and political attention can absolutely support ETH, but they get diluted when fresh coins keep appearing on the venues people watch most closely. My lean is cautious: the market may still want ETH higher, but the path is getting choppy because every push meets a credibility tax. 👁️‍🗨️ The sharp takeaway: until the Foundation’s actions stop undermining its own messaging, ETH’s rallies will keep feeling fragile, not organic. ⚠️ Personal analysis only. Not financial advice. DYOR. #ETH #CryptoMarkets #Ethereum