Ethereum just reached $4,400 today, only few remaining and it will break its new ATH!
What are your thoughts and speculations regarding Eth?
A few days ago it was below $2k. We've been waiting to see the new ATH for a long time, maybe soon to see the new ATH. Today the price of ETH was $4638 which is just $200-250 away from the highest ATH. The current situation in Ethereum looks like we'll see the new ATH within 2-1 days, now let's see if the previous ATH can break. Now I bought some amount of ETH a few days ago, will hold on for a few more days. I will sell it if it is $5k.
Maybe what you mean is a few months ago? As ETH price is hovering $3k for quite some time but it is still very far from it's very all time high. But all of a sudden, there is huge growth on the price. Not sure what the cause though, as I'm one of those who thinks that maybe ETH will not get a new all time high this bull run. But I'm totally wrong, there could still be a lot of investors on ETH.
Although I don't what to assume, but there could be some investors who withdraw from Bitcoin and the move their money on ETH. This is just my speculation as Bitcoin went to $120k and there is a possibility that it might hit a new all time high. But suddenly it went down to $118k and then ETH reaching $4k++.