Topic: Ethereum price approaches $3k (Read 842 times)

The approval of ETF has made a good impact in the cryptocurrency market, where Bitcoin has made ATH in the market that other alt-coins follows, as Ethereum is second in the cryptocurrency market listed and has break out from 3k and strongly approach on 4k, which is Bitcoin halving has not take place, but faster approaching for a new level of Bitcoin and other alt-coins price increase in the ecosystem.

In the crypto space there is a lot of analysis that is sometimes unbelievable, but anything can happen at some time, and we have been repeatedly shown by bull markets that are beyond anyone's expectations. and even if an ETF is approved it doesn't mean it has 100% accuracy that the price of ethereum will increase. but we still have to be alert, if it really increases then be ready to take advantage of the opportunity to benefit from it.

Tell that to ETH developers who now made the cryptocurrency a "scarce commodity". Supply is getting slashed each time fees are burnt on the network. This makes ETH a deflationary asset just like BTC and Gold. Terrible for a Blockchain that's meant to be used for decentralized applications. If Vitalik really wanted ETH to be used more throughly, it would've kept the inflationary mechanism so fees stay low in Fiat terms.

Now developers are forcing us to move to L2 networks which are less secure and decentralized as the parent chain. ETC and KAS are much better choices in my opinion. They're truly-decentralized, cheap, and fast to use. ETH is now "Wall Street's coin", so expect the worse in the long run. Despite the drawbacks, they won't stop ETH from reaching new ATHs over time. Just remember to never invest more than what you can't afford to lose, and there should be nothing to worry about.

I think it's still not completely ready because I find many altcoin prices are stable and even tend to fall. Maybe this is because currently most people are still focused on Bitcoin, so only a few altcoins have seen their prices rise as significantly as Bitcoin. maybe an altcoin season will happen after the bitcoin halving.

ETH now is on a 3.6k mark and almost 3.7 maybe  in the end of the week it will reach 3.7 or more cause earlier Bitcoin reach the 68k mark which pretty good enough  but at this time Bitcoin price is around 66k  but for sure it will increase in the next day or in the next week. Hoping that Bitcoin will reach 70k  in this month. For sure many investors got their big profits today.
Anyways maybe it's notal late to buy BTC cause for sure it will go up higher and higher.

Of course there won't be any bad news at the moment, even the two American presidential candidates are pro Bitcoin, I think they already know the potential of Bitcoin and crypto so they are trying to get votes from that sector, such as deciding what policies they will provide when elected. Later.

This would have been a good thing if the transaction fee is not out of proportion as the price of eth appreciate. No matter how good or sophisticated eth might be the simple fact that the fee is way higher than normal makes it unattractive to me. All attempt to scale eth has not really given any positive result. Unfortunately most l2 project will always use eth as base currency for interaction even if they will later introduce bridge to their network. If you are holding eth, it is good news seeing the price going up, but if you are to use it as trx fees then it will no longer be funny anymore. 
If only eth can appreciate in price and still maintain a low trx fee, it would have been better.

Bitcoin is nearest to it's last all time high same with Ethereum, it would only take a little price movement to break the mark. Ethereum is reaching an extremely good market price, all thanks to Bitcoin, as long as Bitcoin continue increasing then Ethereum hitting the $4k is a no big deal.

Reaching near that 3.5k level shows that while ETH is also getting a good bull run, it doesn't mean that it's going great, it still has to have something more than this. I believe that there will be a point in time when we are going to end up with something that will take some time. I personally believe that we are going to end up with some trouble if we are not careful and that's the most important part.

I believe that the best thing to do in this case is to let ETH stay in your wallet, but keep on getting more of it whenever you have the money for it since it's obvious that it will grow even higher. Many think that it already did, but unfortunately it hasn't reached the full potential just yet and it will grow so much more.

Bitcoin almost reach previous ATH recently so market bull run is already start. ETH price today reach 3.7k and it has high possibility to reacj $4k soon. ETH is top 2 coin on coinmarketcap and they have highest marketcap after bitcoin. so ETH is much potential like bitcoin and it has high possibility to reach $10k in the future so if someone have the ability to invest on ETH for long run then they can take this advantage. i am not guaranteed this prediction but i believe

1. Ethereum's price is steadily climbing, inching closer to the $3,000 mark.
2. Investors are closely monitoring the upward trajectory of Ethereum's value.
3. Market demand for Ethereum continues to surge, propelling its price upward.
4. Speculation and optimism surrounding Ethereum's future applications contribute to its bullish momentum.
5. As institutional interest grows, Ethereum's price gains additional momentum.
6. The $3,000 milestone represents a significant psychological barrier for Ethereum traders and enthusiasts.
7. Factors such as network upgrades and increased adoption fuel Ethereum's price ascent.
8. Analysts predict further gains as Ethereum solidifies its position in the digital asset space.
9. Volatility remains a factor, but overall sentiment remains bullish for Ethereum.
10. Attention is now turning towards potential resistance levels as Ethereum approaches $3,000.

We are approaching the halving and there is a high probability that a real bullrun will occur in the near future, so it cannot be officially said that the bullrun has started yet.
And it is feared that there will be a correction before the bull run actually occurs, but if that happens, I think it will only be a healthy correction and not too excessive. And the current rise in Bitcoin prices is very different and it is the possibility of the ETF spot approval price that makes it so desirable due to FOMO, and if the ETF approves Ethereum, there is a possibility that this will happen like Bitcoin's move.
And we should not miss this best moment to collect more Bitcoin and Ethereum, because it is very likely that both coins will continue to experience price increases and much higher than the previous ATH.

Today Ethereum crossed the $3600 price mark. Yesterday Bitcoin broke the $65k mark and went to above $68k. So officially the bull run has already begun and in a few days both these coins with break their earlier ATH. I don't know where will the price of Ethereum be if its spot ETF gets approved and if Bitcoin keeps on going like it has been doing for the last couple of months.

The Bitcoin market has not fully recovered yet there is still some left to do. But it is expected to make a full recovery. But we believe that the market may be dumping again as there will be a halving before the upcoming bull market and the market may dump before the halving so I say there may be some dumping before the market halves. Also, since we cannot do technical analysis, guesswork will not go very far. We wait to see what happens in the market. But we don't have to wait to start, we must prepare to invest if we haven't already.  Ethereum is currently in a very good position but is expected to move into the $4,000 range very soon. Currently the price of Ethereum is $3440.

The cryptocurrency market has been recovered full and ready for Bull Run market to start, as long Bitcoin is moving uptrend, Ethereum is second in the cryptocurrency market to show up. Therefore, Ethereum price will be more than current price after the Bitcoin halving has been taken place.

ETH was reach $3.5k recently. Now it is believed that ETH can be pumped alongside btc very soon and it will make $4k extra very soon.  And the future target of ETH is $10k and I'm absolutely sure it will happen but I'm not sure when it will happen. ETH is a coin with a lot of potential for the future. People who miss out on Bitcoin can take advantage of ETH, but I am not giving financial advice to anyone.  Just sharing my prediction

If Ethereum price can hit $3k in this 3rd month of the year show that the price will still go higher to reach $5k before the end of this year and, it will affect their investors positively which is the wish of every investors in the community.

 Based on the way some Ethereum investors panicked some months ago when the bear run was still on in the market, I don't think they will wait for the price of Ethereum to increase higher to $5k before they will begin to sell because, the current price will allow those who want to sell to make a big profit that will help them to have much to invest in Ethereum when another bear season occur.

and currently the price of ETH is above $3k, more precisely at $3300. Recently the price of this altcoin king has risen drastically and according to my observations the price increase of ETH is the most extraordinary when compared to the price increases of other big altcoins. I don't know whether the increase in the price of ETH is related to this news or not, what is clear is that this increase in price makes ETH's position as the king of altcoins even stronger.

You are correct Bitcoin is the king of all crypto and it has a dominance of 50% in the cryptocurrency market currently. Two years back that dominance was more than 50% because Ethereum was nothing at that time. As the ecosystem of Ethereum keeps on growing and if the spot ETF gets approved then there is a chance that it might reduce the dominance of Bitcoin in the future. It will take time but it will happen we will need to wait as we have been patiently waiting for Bitcoin to create another ATH.

Bitcoin is the "King of Crypto". So it's normal to see most investors putting all of their money into BTC instead of ETH. The latter isn't as popular as many thought it would be. Coinmarketcap shows BTC has over 50% of market dominance. It will take a long time before ETH gathers the same attention as its predecessor.

At least, ETH is going into the right direction with active development and innovation. You can bet market prices will "explode" once spot ETFs are approved by the SEC. It should only be a matter of time before this happens. Why wait for the ETFs to come? Just sell ETH whenever you see it "pumping". Right now it's a good time to do so, before it goes back down again. Buy low, and sell high. As long as you do that, you'd be on a road towards "endless profits".

The price is expected to rise even more since they are the next target to be approved by the ETF and their investors are also waiting for it and are ready to buy more ETH in the crypto market these coming days. You should be vigilant and careful because if you happen to be late, then you are not gonna be buying ETH at its low price rather you will be one of those who gonna buy even if the price is high because the crypto market is at its best in the recent days and the probability of the ETH price to increase furthermore are higher than the recent years.

The value of Bitcoin is increasing rapidly and of course all eyes may be on Bitcoin. After the Bitcoin ETF was approved in January, the Bitcoin market went down a bit, but it has rebounded since February and has seen the current Bitcoin price hover around $64k. I am invested in both Ethereum and Bitcoin, I am keeping a close eye on both coins. Today the price of Ethereum is over $3500. I don't care about the upcoming ethereum ETF approval or not, I'm just focusing that Ethereum will soon cross $5000 and the value of my invested Ethereum will more than double.

At the moment it seems that all the attention is focused on the growth in value of bitcoin, the potential of ethereum is still underestimated, i hope it can soon return to its maximum values ​​of November 2021, certainly the creation of an ETF would give it a good push towards high

It's totally wrong. It's caused by the more ethereums were needed to be locked to farm points. Eigen layer itself has locked more than 4 billions and it's not yet included with the several platforms which was also locking so many ethereums. Ethereum will be totally needed for the future airdrop caused by the dev will force you to lock your money to farm points to be converted to the tokens. I will also provide my proof of that.

https://www.binance.com/en/feed/post/2024-02-26-ethereum-layer2-total-value-locked-reaches-29-17-billion-up-9-39-in-7-days-4630050783186

The data provided by binance above was taken from blockbeat. I can sure if it has very high accuracy. I think that we are still far away from ethereum ETF. You can try to read some news regarding this.
People were massively converting their money to get ethereum tokens, which will give them all various benefits. I believe that if the percentage of total ethereum locked in staking platforms continues to increase, it will reach even higher levels. You shall not be surprised that to see your altcoins may be also growing up in the future.

I have locked almost 10 ethereums in the various LRT staking platforms. It is the truth and this is not even related to the ETF. I think that's false claim.

I do agree that it will go pass 5k for sure, not saying it due to ETF or anything like that though, I do not believe that would impact it as the only reason, ETH could go up even without ETF as well. We are going to have a bull season starting around end of this year, and with that bull run, we are going to see ETH going over 5k for sure, even if ETF doesn't get approved.

Obviously, if ETF gets approved then it will go pass 5k a lot easier, I am not saying there would be zero impact thanks to that, I am just saying it is not a must and that is the most important part. We should probably see it change a bit and with time ETH will go up. This is why investing into ETH right now is not really a bad situation, it should be a lot better.

As Bitcoin is back @ $53k. Now, Ethereum has also been back to $3,100. This only shows that Bitcoin is the main thing of this market and then everyone follows it. So, if you have been holding Ethereum for such a long time and when it was under $2k, you're in profit now but depending on how much you're holding Don't get discouraged if you have been thinking to buy it and then you haven't done so because you're too doubtful with the price before if it's the right time to buy or not. That's always been the case for most of the investors and you guys have to accept the fact that Ethereum is the side kick of Bitcoin on this market. If there will be discussions that it will be removed at the 2nd spot in the entirety of the crypto market, it is very unlikely to happen and how much more it would be if we're on the bull run?

And just as Bitcoin goes up with approved ETF spots. This is the next big thing that we have to tune in for Ethereum. IIRC, on May the result will be out and we have to wait for about 3 months and that's also after the halving for which a lot of these events make significance in the market and will definitely show influential they are. Don't be too hesitant to buy before these events come because who knows if this $3k now might surpass the $4800 levels ATH soon and might get close to $5k and $6k?

It's been a long time since ETH price was down and it had to pump up now that bitcoin has crossed $50k.
It feels good to hold ETH. It is the top 2nd coin and now that the ETF is in news more people will start getting into it.
I believe it will cross the ATH price very soon. I am personally holding it for a long term since it has a good potential.

Well, it shows that the acceptance of a Spot Bitcoin ETF will create a domino effect towards other altcoins, and that starts with Ethereum, and I hope it will end there.

I guess like what happened with Bitcoin a few months after a Spot Bitcoin ETF got accepted, many investors are also excited and don't want to leave the train that's why they're investing in Ethereum anticipating that a Spot Ethereum ETF will get accepted after a few months. I always thought that the reason why the price is increasing is because of the upcoming Dencun Upgrade.

Nevertheless, it's good to see Bitcoin surpassing the $3,000 price, and it's only the beginning of it's surge. I will not be surprised if Ethereum will reach $5,000 by the end of the year for some reasons, but I might buy more Ethereum because... why not. It's the 2nd largest coin right now in terms of market cap.

Actually, ETH surpassed the $3k valuation. Next target would be $4k. I would imagine ETH going as far as $5k once spot ETFs are approved in the US. If delayed, then ETH should remain within the $3k -$4k range. Imagine how high market prices will be after the Bitcoin halving. It would be unwise to sell ETH now (unless you really need the money to pay debts).

If you're "smart", you'd take advantage of the "pump" to grow your wealth as much as possible. Be aware that ETH isn't immune to volatility. Converting it to USD or a stablecoin of your choice would be the best way to lock in profits before it's too late. Who knows if you'll become the next "Ethereum millionaire"?

the many blockchain requiring ethereum to be locked to be eligible for airdrop also have big roll, eigenlayer eth restaking, blast, manta, and many projects if combined they successfully gathered multi billions ethereum for locking as their TVL, i think it definitely have a big role, if its because network upgrade, i doubt anyone hardly care, moreover ETF approval usually not as impactful because we all know ETF bitcoin also not as impactful but give a good vibe for bullrun.
if this staking meta for points in the L2 continues im sure ethereum will just keep rising even if the other coin are correcting so hard.
but the downside of these ethereum staking meta is that once the staking period or at least the locking period ended people would probably dump their Ethereum though if there's some good project out there again people would definitely try to restake their ethereum because they see it as a win win investment for them they good profit from price increase, the staking APY, as well as the airdrops.

I'm not taking this seriously as the pump happens because of its ETF approval but it is due to the price of Bitcoin pumping which I see was the main reason.
In fact, the price of ETH is already $3,104 during this post https://coinmarketcap.com/ and it is believed that it will increase more as the bull season starts. Even without the ETF approval, it still pumps.

This just tells us that ETH is still the king of altcoins. We can't ignore its profit potential and those who bought last year and hold until now are certainly on the profit. That is a big difference from buying known coins where profit is certain and we know it will grow, unlike new projects where we can't feel confidence about it.

Well done Ethereum break out above $3k and right now almost close to raise $3,100 and seems can't stop before raising up more higher price, the positive trend from bitcoin give positive impact with ethereum success reach to $3k.
I think good start with Ethereum price with two months left before halving and has chance for predicting Ethereum raise to $4k, its not bad ideas if OP want to make another expected price with Ethereum possibilities will approach up to $4k in this year.

If bitcoin price keep stable not problem to make high expectation with Ethereum will raise more higher price, I have good viewed with ethereum will raise the new all time high before halving time or raise close with the latest ATH price before.

It looks like that the price is again going in the upward direction. It has been up for the past few days above the 3,k price point. Mostly due to the upcoming network upgrade and due to the possibility of an ETF approval. Whatever happens it looks to be good for everyone who wanted the price of Ethereum to go beyond three thousand.

I absolutely agree with you, it could be as a result of all the hype oriented by the ETF but after some time I believe it's going  to make a price correction as you said.

In the wild world of crypto, news holds sway over market movements, especially for specific coins. Ethereum's climb to $3k seems tied to rumors of a spot ETF approval by May. We've seen this script before with Bitcoin – ETF anticipation boosting prices, then a correction. Ethereum might follow suit: a surge to $3k fueled by ETF hype, then a reality check.

Let's follow the future development of ETH.
I think this ETH growth is quite good.
will make ETH investors smile sweetly.

Although ETH is an altcoin but it's a good altcoin for one to hold for the next bull run. It really has a great potential as it will do well for it's hodlers. It not too late if one still love to invest in ETH because I believe it will still pump up more and more during the bull run

Ethereum is still under valued as per relation with btc. When previously 2 years ago btc was around 55k the price of Ethereum was above 40k and if we see today price, Ethereum is trading just above 30k. I think the price should be above 35k in current stage.  Spot ETF will get accepted, It is guaranteed but we don't know when will happen. The first ETF approval news will lead to a very big pump in Ethereum price eveiif it fake news. We observed this in btc already and now it's time for Ethereum. Besides ETF Eth is also most demanded coin after btc and whales will definitely accumlate it in this bullish zone.

We will have new inflation data in the mid of the week. If they are higher than expected (what means interest rate could be lowered later than expected) it could be a negative impact not only on the stock markets but also on the crypto prices. Even if I only expect the effect for a short time. On the other hand, lower than expected inflation could cause crypto prices to rise more sharply, in which case $3.1k is just a stopover.

By the time the Ethereum ETF is approved, we might be seeing Ethereum reaching $6k and more.
We don't have to stress ourselves in that because those that are holding Ethereum would be the one to benefit from the bull run that is approaching gradually. Cryptocurrency is going to make many people millionaires and we should be ready for the trend for every holders out there that are hoping to benefit from Ethereum investment.

until there is growth to 4000. First a correction, possibly to 2000

Hold on there, Nostradamus! When was the last time you actually checked the markets and the ETH price?

3k? That's cute! 

Its obvious the price of Ethereum would get to 3k in no time. As the price of Ethereum journeys with that of Bitcoin it seems very possible for its price to even go as high as getting to 8k when Bitcoin bull run starts. Amongst all altcoins, Ethereum has gained lots of reputation over the years and that is bringing more investors into the coin thus creating a bullish movement

Looks like Ethereum is again back and above $3k today as Bitcoin price spiked once again. It went to $3047 and now is hovering around the price point of $3037 which is a good sign as whenever it breaks the 3k price point it gets dragged below very soon. I think we might see another price spike of Ethereum in the next few days where it might break the $3100 price mark.

The price of ethereum will still increase than what it is now, ethereum is a good coin to invest on. This is one of the coins I can hodl without having doubt and from what I have noticed about ethereum over some years , it is a reliable coin to invest and has good profit for investors. I think this is the only altcoin I can invest without being panic .

I'm sure shrewd investors will remember the happenstance around Bitcoin ETF and how price dipped a few days after it was accepted to short ETH too. I expect the same scenario to play out and weak hands will crash out. However, whatever happens, whether ETH ETF is approved or not I believe ETH will soar in price to beat its ATH of $4,800+ to set a fresh record. Truth be told, ETH is undervalued to the best of my perspicacity. I think it should be looking the way of $10k per coin.

2014 would be a very good year for many crypto currencies, lots of new investors have gained interest in several coins which bitcoin leading the way we should be expecting Ethereum to ride along as usual, we are anticipating a new ETF spot for Ethereum and surely the price could reach a new ATH of 5000$, who knows what to expect from this bull run. Many of those who can't afford bitcoin would settle for Ethereum,.but I'm sure the bull market would touch many crpto currency even new once.

Ethereum is the second top coin in cryptocurrency market and very soon the Ethereum ETF will approved so its price will go more than our expectation. It touched the value of 3k$ but now again it is 2900$ which means that slight dump has been occurred. I think this is a time of doing investment in top coins like Bitcoin and Ethereum and we should not be worried about ups and downs because they will also alter into pumping situations in coming Bull season.

wow Ethereum to 10,000 dollars? I cannot  wait this to  see this happen but at least I am not seeking for short way because i know that
once bitcoin reaches 200k then Ethereum will finally make it to 10k but not until that happened ETH
will go below that level as I am only talking about reality here.

Ethereum is in a good position throughout the month of February. We've seen Ethereum hit $3000 again in the past few years. Every investor in ethereum is now in great profit who bought from many dips have had great success today. I am an Ethereum investor myself and I am currently making a lot of profits from Ethereum. But I'm keen to my investments now I'm definitely looking forward to the next ETF approval and bull market. I expect that Ethereum will definitely make a good position when the bull season starts in the market but I think it can stay up to $10k in the bull market. So those of you who haven't invested can continue to invest so as not to miss the upcoming bull market.

Bitcoin got dumped last night and that is why the market is in red. I thought Ethereum might get hit hard because of Bitcoin's price but it did not. It is still above the $2.9 price point which is a good sign. I feel that we might again see a short rally in the market and if that happens then Ethereum will go beyond $3k and will hold the price point for quite a long session. Earlier it did go above the $3 mark twice in a difference of a few days but then got dragged below that price point.

Yes, Ethereum is already at $3000. After a long time, Ethereum is back in the $3000 range which is indeed a very exciting moment for every investor. But I think Ethereum can stay between $4000 before SEC charges and $10000 in a bull market. I still say Ethereum is the best coin to invest in after Bitcoin. So those who are still preparing to invest but haven't invested can invest as the price of ethereum is expected to increase further.

Yes, Ethereum will soon head towards 3K price in the near future and even beyond that. Ethereum will always be the best choice after Bitcoin and this proves that its demand is increasing, and I think this is the right time to invest in Ethereum before the price gets much higher.
And I was also surprised to see the price of Ethereum continuing to increase close to 3K, and I think that in the near future Ethereum and Bitcoin will rise together towards the highest price and both will continue to be in demand by many investors.
And those who complain about Ethereum's high transaction fees and choose to hold it are an excellent choice, and it looks like they will be surprised to see Ethereum move.

Wow!! This is amazing because the last time when I checked Ethereum price it was $2,3+k and as I see this thread and went to check it in coinmarketcap and the price amazed me. $2,949.22. That means it has hit $3k before coming down again. Ethereum is always is one of the best in the industry. Those who invested in it at the time when it was $2,200k has gotten some profits from it and when the bull run come to play then the coin will do well and those that investing in it will make profit.

Ethereum is one of the coin moves along with bitcoin and when bitcoin price increase it also increase and whenever bitcoin price decrease it would also decrease. And now that the price is still in $2+k is the good time to invest.

Will there are has chance of escape if ETFs Ethereum approval regarding how bitcoin dropping drastically in first time after ETFs bitcoin approval? although one month later bitcoin price success break out to the higher. I doubt many interest will take advantage with ETFs Ethereum approval how easily make FUD and manipulate of Ethereum price.
Seems bitcoin have show us good recovery and faster back to the higher price, current awhile not really necessaries for Ethereum get ETFs approval and scare with bad possibilities in the future or Ethereum easily going  drop after getting approval. Celebrates with Ethereum success break out above $3k and waiting for how much new highest price break out before halving time arrive? Has chance for ETH raise the new all time high price and break out to $5k?

Honestly speaking, I am not surprised to see Ethereum reaching $3000, because its potential much bigger than where it stands now. When, analyzing the historical price correlation of Ethereum with Bitcoin, theoretically its price should be above $4000 based on 1:0.08 ratio. Thus,it is is still under-valued, and I am pretty sure the market will fill this gap in coming weeks, if ETF of Ethereum is approved by SEC.  

Of course people still believe in Ethereum and would continue to invest in it. Bitcoin has definitely played a huge roll in the success of Ethereum due to it's correlation, in as much Bitcoin will surely hit a new ATH same should be expected from Ethereum, it already showed a sign by hitting $3k.

I think BNB is riskier than ETH. although altcoins may have their risks BNB with a change of ownership and I think there will be problems in the future regarding the Binance exchange.
At the moment it's still fine, but hopefully, nothing bad happens. but in my view, you might be able to keep BNB for the short term. don't hold it for too long, I think it's more risky than ETH.

It shouldn't be strange to you that the price of BNB and so many other coins went up. The increase in the price of Bitcoin has also affected other altcoins, which is like a tradition in the cryptocurrency space. If there are any other reasons, we should know by now. Definitely, we will see more and more increases in BNB. Am happy that last year i was able to accumulate some altcoins which BNB is one of them. I think because of its usage and fast network, it will surpass its all time high this year.

I'm also optimistic that Ethereum ETF can be approved by SEC this May, this is because Bitcoin ETF has paved the way for this to happen, therefore Ethereum, don't need to go through the hurdles that Bitcoin went through before it's approval. So based on this speculation I'm not surprised that Ethereum, is gradually pumping now, Bitcoin price also started pumping when it was nearing the time before it's ETF was approved. Ethereum is second only to Bitcoin and I believe that it's not too late for investors to start buying Ethereum now, because I see it hitting past the $5 target that many observers predicting.

Probably also yesterday I saw the Ethereum coin hit a high of $3036.12 dollars which may have been the highest price of an Ethereum coin this year.Just as we have seen the price of Bitcoin rise significantly after the approval of the Bitcoin ETF, the price of the Ethereum coin will also rise significantly when the Ethereum ETF is approved.You said ethereum will touch $4000 when the bullrun starts but my guess is above yours I think ethereum price can touch $10k when bullrun starts after bitcoin halving.

Again yesterday Ethereum broke the price point of $3k for a brief period and then the profit booking started. Whenever it reaches the $3020 mark it gets dragged down after some time. It is facing strong resistance at that price point and if it breaks it then it will stay above $3k for a long time. In the meantime, BNB price manipulation keeps driving the market with Bitcoin price still trading sideways while its dominance is still above 51%. I feel we might see another spike in the price of Bitcoin soon and before the halving.

       - Yeah but did not managed to stay because up to now maintaining the below 30k value which means this may go down any further any time from now.
wait Spot ETF for Ethereum to be  approved in May? so this will take effect soon after halving?
this will be a big load of expectation from the whole crypto community not only for Ethereum and Bitcoin but the whole.

       - Also since there are lots of coins interconnected to Ethereum then they will surely benefits from these coming event?
wondering how much we can expect from Eth and all connecting projects.

I'm yet to see whenever ETH spot ETFs will materialize before the end of the year. Especially when Gary Gensler used to hint Ethereum is a "security". If ETF applications are delayed, we should expect market prices to stall. A great buying opportunity before the SEC makes the "big decision". Just as Bitcoin "pumped" all the way to $52k a month after the approval of spot ETFs, the same will happen with ETH.

It's possible that the world's second-largest crypto by market cap will hit $5k - $8k after the SEC gives the "green light". And with the upcoming Dencun upgrade (which aims to make L2 even cheaper), things will get even better. Maybe Solana will get its own ETF after ETH does? Only time will tell. As long as decentralization is preserved, nothing else matters.

$2,983 at the time of writing but it sure has clicked $3,000. Regarding the ETF, I am not sure if it is as huge as people have been saying. We’ve seen Bitcoin ETF and I haven’t really seen any urge of use around it. I understand that it’ll take time but I don’t think it is deep as people had hyped it. Anyhow it goes, I’m here to watch it unfold.

Bitcoin price is still the basis and yes, it will happen anytime soon as we are approaching the halving.
ETH is still trusted by many investors and reaching $3k price again is a good indicator of a great bull market. We might see a new ATH with ETH as it leads the altcoins market into a bullish trend. There's a lot of good projects under ETH network as well, better to check it as well because for sure they will follow the pump.

ETH hitting $3k was something we all expected now waiting for Bitcoin to touch the $60k price that will allow ETH reaching the $3.2k and by the time Bitcoin advance to an All Time High then ETH is expected to be around $4k

It's good that it touches $3k, and we can compare it when Bitcoin hits $50k. However, it's a long way to go for ETH, it is still down 40% from it's previous high while BTC is just 26% only. So it means that there need to be more growth for ETH. Anyhow, it's early, not just  bull run for altcoin market in my opinion. No question that it can achieved more next year. No need to get excited, more will come for sure. I just talk to one of my friends who have been slowly stacking ETH since the bull run but he says it's too early. So that  should be the mentality of ETH holders and just keep on buying. Or if you are going to sell, at least re-invest right away or go to other promising coins.

This is just the beginning because we are going to see the price of Ethereum exceeding the previous height or 4k to reach 8k.
This is going to happen looking at the moment the market is using to keep going bullish. Maybe we need to be prepared and buy enough Ethereum and watch the market to keep going bullish so that we can make money from our holding.
It is not only Ethereum that is going to do wonderfully well in the market, there are other good projects that have the inbuilt momentum to skyrocket.

ATH price hits after all these past weeks, therefore putting smiles on the faces of traders. Ethereum price reaches $3000 and this is huge profits from those patient investors that long it on future trading. Though watching the weekly chart of ETH, it's making some bull runs in the previous days and that doesn't send any sign of bull season, there's still time to invest in ETH but we have to thoroughly examined our entries on these projects. ETH is a promising project in the market, we just have to make it our priority to invest in this project if only we are interested in massive profits.

Well, There are many people who has made more than 2x profit from Ethereum who have been holding it for a long time. Ethereum is performing very well and now it is at $3k at the time of the creation of this post. Well, I am also planning to invest in Ethereum in the coming time like as I am expecting from the market a good corrction before the Halving event. What do you guys think about how much the market can make correction and how much Ethereum can go down? any rough guess or any rough idea? anyone have.

Besides all that Ethereum favorite ETF approval month is expected to be May which is also very close. Well keeping in mind that how much Ethereum can gain its price in the coming Bull Run? Give me any rough guess about it as one of my close friend is expecting it may cross $10k in the coming time fram so please must share your opinion over this... Many Thanks!

Yeah, indeed. Bitcoin has the advantage that the ETF has already been approved. This is still pending for Ethereum. Should this also be approved, I assume that ETH will also come significantly closer to its ATH. In addition, the Decum upgrade is planned for March or April, which could also provide a further boost. The Bitcoin halving could also give the crypto market as a whole another boost. A lot of events in the coming months that could have a positive impact on the prices.

this is a good time time to invest with ETH and there's a chance that it will go up higher and higher. We all know that Ethereum is one of the best coin to invest. It will follow Bitcoin for sure in the future. Also Ethereum is for long terms investment so we don't need to panic once we already buy Ethereum cause one thing for sure it will give us a good profit in the long term. And now the price is around $3k  which is pretty good enough. Anyways congratulations for those who get their profit.

It's really quite strange that this high appreciation of BNB in this short space of time, it's almost 10% per week in the last 3 weeks, so far nothing justifies it other than whales moving the price, or are we close to burning BNB?

Yes ETH price already touched 3K Usdt I think bull run will create new all time high in ETH so those who have ETH hold can hold it, in future it may break previous all time high price.

Good insight but more likely it is whale manipulation due to those mentioned events. There's no significant event at this moment, only anticipated ones, which helped me come up with such conclusion. But bottomline, no one has the assurance of whatever reason behind the increase other than the increase itself being unexpected that it even had a higher price increase than with bitcoin's.

Given these upcoming events, there is a huge tendency for ETH to reach its ATH, and other tokens might as well have the same hype. Domino effect is evident for a long time with market price increase and decline. However, investors should still be careful of a possible price correction given that prices are up for months already and consolidation might suddenly take place. Being optimistic of ETH's price movement is okay however never be too confident.

ETH's ETF may be confirmed within a year due to changes in the price of Ethereum. The great trajectory we have seen ETH go through over the past few days is really interesting. Currently, the price of Ethereum has crossed $3000, and we can expect it to reach higher levels soon. Many investors have predicted that the price of Ethereum will exceed $5000 by 2024 and this prediction is believed to be correct. Ethereum's price will surely touch $10,000 when ETH's ETF receives approval.

The $3,000 is no longer new to Ethereum this week, it's a good comeback by the coin which is showing the resilient nature of the coin now. Being the number 2 cryptocurrency in the world by market capitalization rating, it has lived up to the standard. It is able to do whatever Bitcoin is doing and always proves itself to be a worthy rival without disappointing both its short and long-term investors. As it is now, Ethereum will certainly hit its ATH of about $4865 again, it has behaved as a very serious coin, and nothing should stop it from hitting that level even before the end of 2024.

It hit the $3,000 you mentioned on Tuesday and also hit it yesterday but the two days did not witness a close above that level which makes it not stable above there for now. Going forward, I know that it will have a close above it pretty soon, maybe next week or month, and by then it can be rigid on what's next afterwards.

Regarding the ETF approval, the chance of approving Ethereum is very high. If the SEC could approve Bitcoin, there can't be a good reason why Ethereum with better utility would not be approved.

Well, if you look at the ATH, ethereum is still not far enough from its current price, but little by little, I think ethereum can reach that price, just like bitcoin.
Additionally, I think that this is the beginning of a price increase that could become very high. We know that the Halving hasn't started yet, but the price of ethereum has started to recover and is almost reaching its ATH. It is possible that, after the halving, ethereum will be positively impacted by the market, and the price could be much higher beyond its ATH. However, I feel that currently ethereum's movement is still quite good.

That's good thing for those who are expecting to sell out their coins in Ethereum as this is the perfect timing but look at it now as the price did not Hold the 3k level .
its the 2.0 version seems to be effecting or the ETF? May is just 1 month after Bitcoin halving meaning the market will act differently so expecting this and that are too cautious to do.

Ethereum did break the $3k mark earlier but now it seems like profit booking is happening. What looks interesting to me is suddenly BNB price has spiked by 7%. I don't have any news that indicates the reason. It looks to me as if whales are manipulating it's price for now.

There are two reasons why Ethereum breached the $3 price point. Of course one reason is the spot ETF that might get approved soon. The next one is Dencun upgrade which is going to happen on March 13th.

were near ETF approval thats to be expected but I think what also contributes to the increase of ethereum price nearing $3k despite bitcoin showing a bit correction its still unfazed right now is because there are quite literally so many projects that requires staking ethereum that have locked billions of dollar worth of ethereum for a long period of time creating lack of supply in the market.
i've seen so many people locking their ethereum for the sake of getting that share of cake of getting that L2 tokens that its actually crazy also other project are also taking the same path, right now is the age of locking for staking, BNB, Bitcoin, ETH are the primary three tokens that are required for staking and there's more and more project requires staking.
I think the bullrun in the future might also be triggerred by the lack of supply in the market therefore creating market price way higher than usual.

These predictions have e been made for years for bitcoin too.  I wouldn't take too much stock in them.  Either way it will be a sell the event type thing if and when they do announce that.  People are buying that rumor and will dump this like hot garbage once they move out on that. 

ETF approve can big impact ETH price. but still btc halving more than big impact etf. btc halving i think eth price can reach new ATH price. but not for this year even though this year is halving year. but wait for next year for sure eth price will touch new ATH

There's something about News in this crypto industry, it has a way of affecting the market specifically a coin the news is designated for, and the rise of ethereum to 3k is not unconnected to the spot ETF as rumored to be approved by at most may this year. Same thing happened with bitcoin at the peak of approval of the bitcoin spot ETF and later there was a price correction and I think it could be same with ethereum price experiencing a correction after this 3k rise due to the ETF news.

$3k has already been briefly exceeded. However, we are still more than 30% away from the ATH (around $4,700 depending on the exchange). Bitcoin is closer to its ATH in percentage terms, which means either Bitcoin is overbought or Ethereum still has some catch-up potential. I also think that speculation about a spot ETF in the near future could push ETH up quite a bit.

Right, just like Bitcoin, there's no much hype of Ethereum Spot ETF and so it's backers are very bullish and push the price to $3k in the last 24 hours. So lucky for those who have bought at a lower price this bear market. But I'm hearing from other community that some of them have bought when the price is still about $3k and then thought that they are going to profit. So still, there are investors who are in the negative. And as far as the price relative to it's ATH it's about -40%. But just wait till this approval, it could really push Ethereum to near all time high for this year.

Well if thats the forecast then expect some good market condition for eth as weve seen eth move faster than anticipated. Eth will likely to stay as it is as many lsdifi taking advantage of it. Most of the eth supply or circulation are indeed in these projects like eigenlayer and some dapps. This limits the sell pressure on that part contributing to a more healty eth movement.

ETH was underperforming compared to bitcoin. Look at BTCETH price chart and you will see that the price of ETH actually biting down in there for a long time. That means the bitcoin price performed better than ETH. After the approval of the bitcoin ETF the industry is more focused on the approval of the ETH ETF. Also ETH is having a major upgrade which will lower the gas cost for all the ETH layer 2. All this is bullish news for ETH and this is the reason the price of it is going up slowly.

I agree with this, the approval of Ethereum ETFs will cause the entire ecosystem to explode in price, perhaps we will see the price soar in March or April, the market always anticipates movements, so it is always good to stay alert to take advantage of all opportunities.

This bull market for me will be the last big opportunity for explosive prices.

There is a chance but I don't think that chance will be more than 5%. There's still an uncertainty with that approval and that's why if that analyst thinks that it's up for that approval, it's best not to think that it will even get an approval. Take the example of Bitcoin. It took years before it had even got an approval but maybe they've applied principles from that experience for it to get approved. But as for me, I don't think that it's going to get approved.

ETF approved this May will make the price go further than $5K by this year. But just like when the BTC ETF spot was approved, I think the price will also dive first giving investors a good buying price. Stack up your USD for the preparation. I think most of the ERC tokens will also be shooting to da moon.

Besides the ETH ETF that this article is talking about, it also mentions ETH staking from platforms like Coinbase and Lido and the rest which could cause a backlash.

     It seems like it will take two years before ETH returns to such a price in the market. I think the reason why Ethereum rallied today is because it has an upcoming ETH spot ETF this coming month of May 2024.

    And maybe the positive news about ETH in this field of crypto space has brought it, so it is not surprising that it is called the queen of cryptocurrency. And it is possible for this ETH to reach 4000$ ATH this coming bull run in the altcoins season for sure.

https://cryptoslate.com/ethereum-price-approaches-3k-amidst-spot-etf-anticipation-dencun-upgrade
Analysts of Bernstein believes a spot ETH ETF is a near certainty within one year.

The price of Ethereum (ETH) approached $3,000 on February.19 amidst anticipation concerning development that are expected to occur in the coming months. The Ethereum is ranked #2 (no: 2) by market cap and the price is up to 2.69% over the past 24 hours. Ethereum has a market capitalization of $356.82 billion with a 24 hours trading volume of 15.44 billion dollars.

Analysts at the company predicted a 50% chance that a spot Ethereum ETF will be approved by MAY and a near-certain chance that such a fund will be approved within one year. This is a very good increase in the crypto world as another trading market will be approved soon and the awaited miners of this Ethereum will finally benefit from another crypto currency, especially now that dollar has a very high value in the trading market.