I expect ETH would hit $500 before the end of 2020 or higher. It is very bullish for me, there's a lot of things that developing behind the curtain, and this project is one the most exciting crypto behind Bitcoin.
Bitcoin has failed to maintain its bullish momentum, and you said that Ethereum will hit $ 500 by the end of the year?
I think you are wrong, we are already bearish, so make sure you are prepared
The current movement was propelled by ETH and not BTC which is why ETH was growing faster than BTC, however it is to soon to say we are in a bearish market, there was a correction and you could even call it a small crash but that is it, we need to see how the market evolves during the next days since it is entirely possible we remain at the current levels for some time as many of those that bought BTC and ETH did so for the long term and they are not selling their coins for such a price, this could create a floor that will be very difficult to break and we could remain at the current levels for a long time before seeing another significant movement.