Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?
$4000? $5000? Higher?
Depend on how succeed ethereum 2.0 is. We are all know that ethereum has a problem with gas fees and they need to fix it ASAP. If they can successfully migrating eth to eth 2.0 ( pos ) and fix the gas fees maybe ethereum will reach another ATH but not $4k. Maybe arrounf $3k or something.
Ethereum was just hype by the rise of bitcoin for now, but we haven't seen it rise significantly, so we will see in the next few years what would be the effect of ETH 2.0. it's a long process IMO, people would not jump right away, but I would say that ETH is a great investment in the altcoins market.
price prediction, I think ETH can reach $10,000 if all their improvement or development will be successful.