bitcoin has gone up to $6200, but why is ethereum still stagnant at $170. Does this mean that ethereum won't rise again?. I was thinking of buying ethereum but if I look at it like this I might cancel it.
does this mean that ethereum will be one of the altcoins that won't rise in the bullrun this time?
You should calm down not only ETH but also other Altcoins will not increase when Bitcoin increases. Maybe people are selling too many Altcoins and switching to Bitcoin. We should wait further because Bitcoin price increases will affect the Altcoins.
That could be a reason. The price just do not go up when people sell ETH rather than buying ETH. On the other hand, Bitcoin is being is huge demand and speculations in Bitcoin is at all time high right now due to the rise in the market value. But coming back to ETH, it will cross $200 soon for it made its way from $70 to more than $170 this time.