If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?
I don't understand how you mean that Ethereum is taking over the Bitcoin market. If we look at the trading volume, the Ethereum volume is always below the Bitcoin volume. Taking over the market should of course be seen on a daily volume basis. Not to mention we are talking about a marketcap which is still very far from Bitcoin.
The market cap of ETH is only almost about half of bitcoin and even reaching the $4k price range, won't make it surpass bitcoin. And remember, when eth attained its ATH this last May, gaining about $4356 price, which is more than the OP's target price, eth did not surpass bitcoin. So the answer is very clear here. The $4k level will not overpower bitcoin.
Yes. I'm not saying that ETH will take over Bitcoin. Maybe you can understand from my explanation. What you need to respond to with that explanation is what the OP said, not what I said. I'm responding to what the OP said about ETH going to take over the Bitcoin market.