Even it was down many times, people are still trusting ETH.
Now that it shows a little improvement, I think this will trigger people to be aggressive in buying again.
Buying it at $1,000 still looks an opportunity to me, if BTC could rise $20,000, I think ETH can achieve at least haft of that in time.
It's one of the most traded, of course next to BTC, $3 billion dollars daily volume now, it shows how it's trusted. s
Now that it shows a little improvement, I think this will trigger people to be aggressive in buying again.
Buying it at $1,000 still looks an opportunity to me, if BTC could rise $20,000, I think ETH can achieve at least haft of that in time.
It's one of the most traded, of course next to BTC, $3 billion dollars daily volume now, it shows how it's trusted. s
Exactly. Ethereum is one of the most trusted cryptocurrencies in existence. Due to its active development and commitment to improve Blockchain technology for the better, it's been often compared to Bitcoin in many ways (even if comparing both cryptos are like comparing apples and oranges). Of course, the price per ETH has declined because of BTC's bear market. However, that's bound to change soon, as people demand ETH for smart contracts.
If ETH's long-awaited upgrade starts rolling in, then expect to never see current prices again. This is the perfect opportunity to get into ETH before it becomes PoS. Because once the transition from PoW to PoS is done, there will be FOMO across the whole crypto market causing an upsurge in ETH's price.
Nonetheless, there's no doubt that Ethereum will rise again. However, it's only a matter of time when will that happen. Just my thoughts
