Eth is possessing a great promise and potential among all the possible contenders to the throne of Bitcoin. With a good dev team behind and with the leadership of a young Russian-Canadian programmer named Vitalik Buterin, it was also a recipient of the 2017 cryptocurrency bull run. I remember that Eth reached more than $1,000 back then before dropping dramatically.
Now that Bitcoin is excitedly showing its bull run, many Eth holders like me are wishing that it can do its dance upwards as well. Yes, it is showing some good movements but not with the same intensity as Bitcoin.
Will Eth get benefited by the current strong showing of Bitcoin or will do its own slow like snail move?
Because ETH and BTC can trade with USDT, and BTC is like gold, and ETH is like silver.
So ETH will almost go the same way as BTC. Increasing ETH will follow BTC and vice versa.
In the long term, soon the BTC will also make a strong breakthrough and will pull ETH back to the old peak of $ 1,500. Please wait patiently.