I feel this year we can see ethereum back at $1200 because more and more people join DeFi projects and that's why I think it will be a bullrun . But as we know every investment has their own risks
I thought it would. although not reaching $ 1200 maybe $ 1000 would be very good for now .. eth already had to fly high because it was too long in the low position
1000$ for this year end does not looks to me. If bitcoin continues to climb up and reaches ATH by any chance in this year, then we may see some good movement in ETH and may cross 800$ or so and in such case expecting 1k ETH might happen. rest assuming even 500$ for now will be a good thing as it is around 400$ for now.
Agree. Even $1000 looks something unreachable for Ethereum. I would be glad if Ethereum price might get to $500 by the end of the year. DeFi is not a locomotion with unlimited amount of fuel. It cant push the price up all the time. How long has it been in trends? For half a year? Soon government or other instance would try to take a piece of that pie and will create a new law or some kind of limitation for DeFi. What will be the next Ethereum price pusher? Bitcoin and market as usually? But they are unstable. Expect a period of "x-mas and NY price drop due to withdrawal for presents" to start.