Quote from: Tessnik on Today at 10:04:56 AM

Quote from: Ziskinberg on August 21, 2021, 09:09:15 PM

Quote from: Hughes_Ryan on August 21, 2021, 08:34:14 AM

I think this rally is showing green signs and bitcoin is trying to break through the 49k8 - 53k support area, so that Eth can gain support at $4k again, provided bitcoin breaks break this zone zone. But I hope it comes as soon as this week with 3 blue days gone

Yes, ETH could also break its ATH at $4100 that was achieved in May this year. It's not impossible as long as bitcoin continues to be bullish and will break the current ATH, you know what would happen, the market will be more bullish due to the hype that always makes people get into FOMO.

We have seen ethereum attempting to break the $4k level on several occasions, but the resistant force is huge to the point that ethereum is struggling to stay above $3,500 for over a week now.

The sudden dump of bitcoin really change the game, ETH had a good run in the past few days before the dump, and here we are again, we might see bitcoin trying to recover and altcoins will just follow as usual.

If you look at the overview, 7 days performance of ETH does not really look good.

https://coinmarketcap.com/currencies/ethereum/