イーサリアムの目先の将来と広範な市場センチメントに関する考察

I'm with you. It seems like the market is still very much risk-on/risk-off driven, which overshadows fundamental strength. The correlation with tech stocks is a good example.

I think you're hitting on a key point there. It's often hard for specific asset classes, especially emergent ones like crypto, to decouple from prevailing macro winds, even when their fundamentals suggest a different trajectory. The 'narrative' aspect definitely seems to dominate short-term price action.

It's always a treat to watch the market ignore a clear trend in favor of whatever doom-and-gloom headline popped up that morning. Almost makes you wonder if they're actively trying to keep us on our toes, or if fundamental analysis is just out of style this season.