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Restaking isn't dead, it's just waiting for the next ETH staking rate compression cycle to make ether.fi's yield layer look attractive again relative to vanilla staking, that's when the TVL comes back sticky.
Sure, but by the time rate compression actually bites, three other protocols will have undercut their fee structure.
Ether.fi already has the brand lock-in with institutional depositors who aren't going to migrate TVL for 20bps, switching costs in this space are way higher than people price in.
Sitting bids don't make a thesis.
Finally holding that level
bro it's been "holding that level" for like 3 days before dumping every single time, this is just the wick before they pull the rug again
Did you buy last week too or did you sit this one out?
perps on this thing juicy rn or nah?
4% on high volume is just them clearing out the shorts before they reverse it back down. Classic setup.
Called it before the exit liquidity phase, that pattern was obvious from the structure.
The restaking narrative had its moment but I'm not convinced the protocol ever found sticky TVL retention.