Volatility is back it seems. 3 weeks ago ETH was at $480 and now yesterday it was as high was $390 and then past 24 hours it is even $330. A lot of scalpers making money, and a lot losing I expect. End of the day miners are enjoying it all as they are reaping all the fees,,, bubble not yet bursting it seems.
It seems that people do not want this DeFi bubble to end and while this is understandable at the same time it is inevitable, the excitement over the technology is fine but they have took it too far and now that scammers have seen their opportunity and more and more people are being disappointed with the results they have gotten, as such it is impossible the bubble continues for long, but what do I know? After all as Keynes said:
The market can remain irrational longer than you can remain solvent.