Post
Topic
Board Speculation (Altcoins)
Re: Do we see 5k Eth price by end of the month
by
geegaw
on 09/09/2021, 14:26:39 UTC
To see the price of ETH at the end of the month at the price of 5k, it is still uncertain, because right now the price is still at 3.4k (when I posted) while at the end of the month there are only 20 days left. indeed still have plenty of time for 5k, and as we know ETH has the ability to do that.
In another 20 days if market conditions can change for the better, then ETH will clearly be able to achieve it, because in this year after ETH 2.0 is completely finished, the demand for ETH in the market continues to increase so the price seems to be holding on to a good value, although there has been a decline in the past two days, the price is also not much different from the price before the decline occurred.
According to your theory and most judgments here, eth's position can change as long as the market becomes a piece for a missing corner of eth when fuel eth 2.0 is being pumped gradually and coming to a decision point, just need the market to press the start button and it will be full of tools and this situation will be very fast if the market is green like a few months ago. But we're also not in a sprint against time and the market, a stretch of eth's distance from the target can be added gradually, rather than draining eth in a short time.