One excellent representation of the “risk on” and “risk off” mindset of the general public can be found by way of Bitcoin, even if what we’re talking about is equity markets. For many months, this thing has been thrusting up and easing down (yet with successively lower lows and lower highs), surfing along with the capricious psyche of the investing public.
I’d like to suggest that Ethereum is making a powerful statement about the limits of this optimism.
