How did Ethereum rise? Technology? On-chain? GAS? None of these! The crypto world relies on consensus and liquidity!

Has Ethereum's technology improved? No. Is there prosperity on-chain? No. Did GAS surge and start deflation? Absolutely not!

Yet it still rises! The crypto world doesn't care about fundamentals, only consensus, liquidity, and macroeconomic easing.

Cold joke: Ethereum is skyrocketing, yet the long-short ratio is still extremely high! There’s no real change in price fluctuations; emotions are always too extreme! 😅