Agreed. People underestimate the last 3-6 months of the cycle and how fast things move, ETH is flying and don't see it slowing down id be very surprised if it doesn't hit $8k minimum by end of year, I expect it to by October.
Don't you think the price would go down even at this peak? Don't always have strong opinion on price shifts you can't control. Ethereum is a fine coin no doubt, but have underperformed in the last few years, that's why it seems everyone celebrates this new price development, all the speculation of 8k, 20k etc, isn't certain yet, I would rather predict eth to hit $5500 before the year end, 8k is much, that's double of what it's done over the years.
Again, as I said above, many including you it seems underestimate the last few months of the cycle. We wait years for no price action and then all it takes is 3-6 months of pumping to undo those few boring years of nothing.
ETH is up over 60% in the last 4 weeks , Bitcoin dominance is falling , ETH has taken over now.
I’m not saying it will hit $8k next week, but it’s definitely possible by October/November time.