Ethereum now is like it was in 2019, 4 years ago. In 2019 bear market Ethereum recovered from about $130 to that year highest price about $340.
I don't expect Ethereum to have a rally which is too closely to its all time high in 2021 about $4700. It won't happen in a bear market and it is simple to realize that fact. I agree that it is a good plan to accumulate Ethereum before a next halving of Bitcoin in 2024. Ethereum will follow Bitcoin after Bitcoin makes its new all time high. It is specifically supported by the Burning mechanism by Ethereum itself.
A great website to see changes of Ethereum supply after the Burning mechanism was activated and how will it go in speculative model.
https://ultrasound.money/
I don't expect Ethereum to have a rally which is too closely to its all time high in 2021 about $4700. It won't happen in a bear market and it is simple to realize that fact. I agree that it is a good plan to accumulate Ethereum before a next halving of Bitcoin in 2024. Ethereum will follow Bitcoin after Bitcoin makes its new all time high. It is specifically supported by the Burning mechanism by Ethereum itself.
A great website to see changes of Ethereum supply after the Burning mechanism was activated and how will it go in speculative model.
https://ultrasound.money/
That's an interesting take saying we're still in a bear market. I mean yeah it still lacks a very important factor right now. The guys from the mainstream.. But the charts show that we're starting getting in the bull market. BTC is up close to 100% from the November lows, ETH isn't doing too bad too and there's a meme coin craze going on. All signs are pointing that we're getting there...
^ That last bit about the meme coins could also point out that we've just hit the local top tho.
