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1) While the #crypto rally is great, it's not healthy when the #4 token by size ($BCH) is a complete joke and rallies 150% in 3 days. Institutional adoption doesn't happen when large-caps trade like penny stocks.
2) That said, let's look at the US Equity markets. $TSLA has a $55 bn market cap and traded up 44% while the rest of the FANG stocks (and $QQQ in general) traded DOWN 25%. That's equally embarrassing, indicative of major hedge fund hotel leveraged unwinds, and not healthy.
3) Bottom line - Crypto enthusiasts can be (and should be) excited about crypto for its potential, but let's be realistic about why adoption isn't there yet. Similarly, traditional investors should recognize that equities and other asset classes aren't exactly "squeaky clean".
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