There is a lot of positive momentum in the crypto market right now though it remains to be seen how long the momentum will last. Currently, Ethereum is on a bull run. The coin is outperforming the rest making it altcoin of the moment.
The coin has gained over 12% in the past 24 hours and this has helped it cross the $800 mark for the first time since the early weeks of March. As of this writing, Ethereum has a market cap of $79,250,101,351.
source :
https://crypto-lines.com/2018/05/04/ethereum-is-on-a-bull-run/The positive has always been shown in ethereum in the last few weeks after a very sharp correction. I am optimistic that the ethereum will surpass the $ 800 price to $ 1000, even beyond that. Hopefully the bad news that becomes a barrier is false, and ethereum can continue to grow.