If bitcoin made a new All Time High record now in the crypto market, do you think Ethereum will also follow and break it's ATH last year January 2018 which is more than $1000?
We have always observed that if bitcoin rises in value, most altcoins follow as well. Even now that bitcoin has reached another ATH, altcoins are also increasing and now, market is in green celebrating the bitcoins new record.
ETH will be delayed for a few weeks and it will break the ATH of 2018. The upside momentum isn't strong, it's not enough ETH can do that this year. We'll see altcoins in general and ETH in particular, make a lot of breakthroughs in the coming year.
It will be no problem for me as I am sure ethereum will get its time to break the ATH of 2018. Ethereum price now can increase higher again after stable at a low price, and it is a good time to sell some ethereum to take profit. Soon, $700 will be a break, and the price will still increase high. So you need to set your target sell price before the price change or down to the lower price, and you will not have a chance to make a profit.