The crypto market has been down to more than two years now with a huge decrease in prices of altcoins like
Ethereum whose costs once soar back at the apex of the crypto bull run when Bitcoins price was nearly $20,000 combined with the expanding fame of altcoins in the midst of traders.
Ethereum was extremely famous in 2017 which prompted an enormous increment in price from simple single digits to $1400 with lots of purchasing pressure from a retail crowd pushing the cryptocurrency high as can be. This was supported in those days in light of the fact that blockchain was being utilized for Initial Coin Offerings (ICOs) which implied that investors who needed to get new altcoins would put resources into Ethereum.
Source: TheCoinrepublic2017 year was for ethereum blockchain which means huge bullrun. In this correction time you can't be sure that ethereum can't touch 1k USD. You know Ethereum 2.0 can change the altcoins price with altcoins price. You know after few months CMC could rise more then now that time could be easy to reach 1k again to Ethereum coin.