ETH will make ATH very soon and only a few dollars left. Altcoin season is going on. Today SOL started pumping. ETH will make a new ATH this week, it is expected. A few months ago, when the price of ETH started very low and dropped below $1700, those who bought and held ETH are now making more than 3x profit. Bitcoin and these potential coins are never lost if you hold them for a long time, but this long-term holding requires patience and keeping yourself away from emotions. Because we can roughly imagine that these coins will definitely make ATH but still we sell our holdings in panic and in the end we cannot be patient.
Well, I can say that with the current hype, gas fees will only skyrocket. This will make frequent ETH users' lives much harder. With higher network fees, only whales will be able to "play" with ETH. At least, ETH-based L2 networks provide some relief. Only that most of them are centralized.
To say ETH went from $1.2k a few months ago, to nearly $5k today is a huge milestone. Institutional investors must be "FOMOing" right now. Will $10k ETH be next? One can only imagine. We'll see what happens in the long run.
