However we need BTC first to go back to $17K before we even think of ETH at $17K. I never really took these log charts too seriously, eventually there needs to be a top somewhere.
According to the practice of last years, if BTC price will start to grow, BTC dominance index will grow too. It means that alts will go down at the same time, ETH is not an exception. Will we see a cheaper ETH then?
I don't think ETH will lose big value in future as its already touched the bottom if we compare the current movement with last month performance. As I think it's back on the solid track and with the help of some good news we will see this on big floor in coming days.
there is no reason that eth will loss their value in future but it will increase
some people thinks that eth will loss its value because some other project arrived with more speed of transactions and more functions
but i think eth team is working hard to move eth network to the next higer level.
just with a good bullish move eth can go higer without good news. so what happens when good new come along