Almost everyone complains about Ethereum's high gas fees and I think that complaint is well known to Ethereum. But in my opinion, by the end of the year Ethereum will reach the price of $5K because Ethereum seems to have started to recover after the market correction occurred, regardless of whether it happened or not.
Right! Ethereum's high gas fee issue remains unresolved after the London upgrade in early August. ETH will hit 5k$ but the exact time is unknown. The ethereum community is looking forward to ETH2.0 launching in January 2022. That time will be the best for ETH to hit 5k$. I guess so.
Well, that issue maybe one of the reason for the roller coaster of ethereum price in past few days. The issue about high gas fee is remaining unresolved so I guess ethereum price is not gonna make it to reach $5,000 by the end of this month. We can hope about it in January 2022 when ETH2.0 is launching.