Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?
Thanks.
I can’t quote you a number, but it’s often seen that whenever Bitcoins go up in price, Ethereum and other major alts follow it. So there is high possibility that in the next bull run when the price of Bitcoins reach new ATH price, ETH will also go up and might break its ATH price. So I would suggest you to hold the coins and don’t sell now. Wait for the bull season to start.
the bull season already starting but we all know every bull season starting there are definitely unique factors that help the bullrun to be realized and in this case of the current market would be the news of ETF approval for ethereum and bitcoin, once the news about approval finally out thats the time the market kick in I guess i term of having massive rally and feel the bullrun at least thats what supposed to be happening in the future if things went smoothly.
moreover, when it comes to ethereum that we are talking about, we can just simlpy see the overall gas fee and also trading volume if it increase, bullrun is imminent, after all, ethereum one of the most utilized blockchain in existence, sometime the fee surpass bitcoin and even right now I think the fee already surpass bitcoin kinda speaks volume about the traffic of ethereum tbh.