This episode dives into the current crypto lull — low volatility, fragile sentiment, and choppy price action — and unpacks two conflicting theories: market maturity driven by institutional flows versus intentional manipulation by big players.We review key headlines (Ethereum scaling upgrades, the Upbit hack, tighter regulation), whale behavior using rallies to sell, and the rising interest in decentralized perpetual exchanges. The takeaway: old playbooks no longer work; be highly selective, protect gains, and watch the clash between traditional finance and decentralized platforms.