With respect - nice summary but I think you missed the core. Markets are mostly driven by psychological effects. Progressing an athlete means to work in different fields: techniqual education, improving fitness & coordination skills, mental strength, competition mode and relaxation efforts. He won't grow in every single one at the same time in the same speed, but his thrive in the progress of one, two, three of those will help to strenghten his resources in general. Progress happens over time! Now, and by the way Hive account@cryptoenthusiast you are much smarter than I am... - What does this mean for Ethereum? ETH works out the same way: they are growing in varying areas: 1) the EEA is getting bigger and gaining more influence every day. 2) The ETF decision is expected and even if it won't get the SEC's blessing - the possibility still remains . 3) Almost every ICO is meanwhile paid in ETH which pushes the price of the ETH-token higher. 4) New Apps are released almost every week/day. 5) A growing developer team is coding and adapting worldwide. 6) The awareness in the mainstream is slow but steady rising. 7) "Big Money" is moving... - just watch the volatility in the equities- and metals markets... - money will be shifted. To be continued! Stay passionate!