Post
Topic
Board Speculation (Altcoins)
Re: Ethereum @4k
by
Chato1977
on 16/08/2021, 06:22:16 UTC
After the London Fork Ethereum turn into a beast and the volume, price everything about ETH has been increasing and i think there will be some market correction before we reach that price, my prediction ETH will hit that price in early september.

Is this the Beast turning? https://coinmarketcap.com/currencies/ethereum/ cannot even Hit the recent ATH at 4k?  and also it looks like Bitcoin is also climbing high while ethereum is doing good so this is not just about ethereum instead this is about the market bullying and not that event of Forking happens in London.
but also  September is indeed possible but first Bitcoin must reach 60k back then ETH will follow.

Yes alts currently are following bitcoin price, alt price won't do much if bitcoin price is fluctuating. ETH london fork affect is already pass and it increased about 10% which is really good, but it won't do further with the london hardfork effect. So i think we need to see bitcoin price stable first before we see ETH price jump to 4k.
Not like when Alt season comes as the altcoin is moving independently without the consent of Bitcoin rice.
but now it is bitcoin who leads the growth then this is not an Ethereum forking event effect instead this is a clear pumping of the market.