In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
You must have got your answer by now. Its the second Bullish run in last 6 monhs by Eth. Agree or not, crypto market is mostly controlled by BTC price and Eth can cross its ATH of 4100$ only if BTC continued its journey above 50k$.
I dont recommend buying ETH at such high price (close to ATH). If someone buys at such high price, chances are he may struck for long period.