Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
In some cases, I agree with that. Take a look at the price reactions of Ethereum 2.0 as the August hard fork was followed by a massive rally in altcoins like Sol, Avax, ADA, BNB…etc and some predictions that altcoin season has begun. . But in some other cases it doesn't map that dependency at all.
Topic: Ethereum signaling the next bull run for other cryptocurrencies (Read 587 times)
September 17, 2021, 12:31:41 PM
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
In some cases, I agree with that. Take a look at the price reactions of Ethereum 2.0 as the August hard fork was followed by a massive rally in altcoins like Sol, Avax, ADA, BNB…etc and some predictions that altcoin season has begun. . But in some other cases it doesn't map that dependency at all. 
September 16, 2021, 12:47:12 PM
When bitcoin moves up we can expect movement in altcoins also. In my opinion altcoins value very much depends on Bitcoin value. Can't say the market is signaling a new season or not but I noticed in the past 4 years when BTC rises altcoins also moves up in USD value. Alone Ethereum bullishness will not be helpful for all other altcoins.
September 15, 2021, 12:48:22 AM
In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
market during the bullish is totally gaining more attention because of some good news about cryptocurrency especially when it comes ethereum because of the forking and bitcoin because of El Salvador, so don't be surprise why it happened because that's how the market works nowadays wherein it's about good news and FOMO. Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
September 12, 2021, 08:42:26 AM
In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
market during the bullish is totally gaining more attention because of some good news about cryptocurrency especially when it comes ethereum because of the forking and bitcoin because of El Salvador, so don't be surprise why it happened because that's how the market works nowadays wherein it's about good news and FOMO. Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
September 12, 2021, 12:52:47 AM
In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
it does not reflect as that , ethereum now is subsiding and some altcoin maintain their momentum so it is different from your observation. right?Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
and talking about bullrun of all altcoins? bitcoin must lead and not ETH , this has happen in the past but now look at bitcoin dominance? stable in position so altcoin has no movement as that.
September 11, 2021, 10:47:40 PM
In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
You must have got your answer by now. Its the second Bullish run in last 6 monhs by Eth. Agree or not, crypto market is mostly controlled by BTC price and Eth can cross its ATH of 4100$ only if BTC continued its journey above 50k$.
I dont recommend buying ETH at such high price (close to ATH). If someone buys at such high price, chances are he may struck for long period.
Ethereum is sowing strong rally but still everything is dependent upon bitcoin. If bitcoin can't clear the resistance and move above 50K, all the altcoins will suffer.
Also i think for short term, ethereum prices may decline but if you are long tern holder, you can buy eth at the current prices.
September 11, 2021, 03:01:47 PM
I think OP by now has got the answer. When BTC goes up everything goes up and vice verse. Ethereum after falling to 3200$ is now trading around 3500$. I still feel that market is highly unstable and its not the right time to buy BTC or Eth. When Eth was trading around 3900$, there were predictions that Eth next target is 5k$. Nothing is certain in crypto market.
There's no certainty whatsoever when it comes to crypto. Even the experts only speculate after running their technical analysis... And I think that's why some add DYOR and NFA at the back of their post/talk.
September 11, 2021, 12:36:33 PM
In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
You must have got your answer by now. Its the second Bullish run in last 6 monhs by Eth. Agree or not, crypto market is mostly controlled by BTC price and Eth can cross its ATH of 4100$ only if BTC continued its journey above 50k$.
I dont recommend buying ETH at such high price (close to ATH). If someone buys at such high price, chances are he may struck for long period.
September 11, 2021, 12:19:18 PM
I agree with you that BTC is very instrumental in the growth of other cryptocurrencies, even etherem itself always follows the trend experienced by bitcoin, although currently ETH is experiencing a significant increase I never thought that etherem would determine the increase in other altcoins.
Ethereum has never determined anyone to increase the price in the market, because the one who is still in full control in this case is Bitcoin, so that the increase in Ethereum also involves Bitcoin's involvement in it, both on price resilience in the market and on the effect of increasing Bitcoin prices as a whole. 
September 10, 2021, 04:08:31 PM
In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
I think the position of altcoins is improving, even less dependence on Bitcoin and Ethereum changes. I think the concept this year is much different from the previous one. Pumps will occur on certain coins with a high value. But this kind of pump will not last long, so we need to be careful. Of course there will be a big dump for the coin. We also need to analyze the movement of Bitcoin, so that we can see the condition of crypto in general.
September 09, 2021, 03:47:01 AM
it has already happened, the bull run in cryptocurrency market, but suddenly it has fallen down in one night. bitcoin price was decreasing around 15% and also it happened to the alts such as ethereum. Ethereum price also had another dip and right now the price stuck at $3,400. I really hope these price is not resistance so the price can bounce back to be higher.
Don't worry about the price on Ethereum, because the price of Ethereum will rise again when the market correction is over and Bitcoin will increase again as before, because the price decline on Ethereum occurred due to the Bitcoin crash two days ago. September 09, 2021, 02:32:14 AM
In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
it has already happened, the bull run in cryptocurrency market, but suddenly it has fallen down in one night. bitcoin price was decreasing around 15% and also it happened to the alts such as ethereum. Ethereum price also had another dip and right now the price stuck at $3,400. I really hope these price is not resistance so the price can bounce back to be higher.
September 08, 2021, 11:03:05 PM
It is not surprising that the price of ETH has fallen, since BTC has fallen in price more than 12% and this causes many of the highs to fall, therefore ETH has also fallen below $ 4k, for now it has dropped to $ 3.4k:
The psychological price is at $ 4k, the bulls are defending the price from being above $ 3.2k, although it is very difficult, the bears are giving very strong attacks, everything would change if the price of BTC recovers again.
Quote
The bulls could not arrest the decline at the 20-day EMA ($3,486), resulting in a drop to the critical support at $3,000.
Source: https://cointelegraph.com/news/price-analysis-9-8-btc-eth-ada-bnb-xrp-sol-doge-dot-uni-bchThe psychological price is at $ 4k, the bulls are defending the price from being above $ 3.2k, although it is very difficult, the bears are giving very strong attacks, everything would change if the price of BTC recovers again.
September 08, 2021, 05:30:31 PM
In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
I think this fact of Ethereum leading or signalling the next bull run for other cryptocurrencies started few months or weeks ago and this is seen when the London hard fork was implemented and was proved effective by the crypto community. It was from there that other blockchains like Solana started getting the right attention and it kicked off its own growth, ADA on the other hand announced their smart contract features and it's price started growing as well.
In other words, it can be said that Ethereum shifted the attention to blockchains and this has caused a lot of blockchain platforms to grow massively, while it's left for projects based on these blockchains to leverage the hype and attention to grow as well, which they are doing pretty well.
September 08, 2021, 05:12:58 PM
I think OP by now has got the answer. When BTC goes up everything goes up and vice verse. Ethereum after falling to 3200$ is now trading around 3500$. I still feel that market is highly unstable and its not the right time to buy BTC or Eth. When Eth was trading around 3900$, there were predictions that Eth next target is 5k$. Nothing is certain in crypto market.
Crypto market is really known to be highly unstable because of its high volatility. But I don't agree about the right time to buy or not of btc or eth. Because it depends on your strategy how to take profit. For example, you can buy right now and sell it once the price is above your buying price, whether small or big profit, as long as you are on the positive side. So, what am I saying here is that, practice the simple rule in trading - buy low, sell high.
September 08, 2021, 05:06:33 PM
I agree that Bitcoin signifies the next bullrun for altcoins, and even then not all altcoins. So it's not Ethereum that marks the next bullrun, but Bitcoin that is very influential on the market. Even the increase in Ethereum is also influenced by Bitcoin, because if we look at market it always Bitcoin dominates the market. Therefore everyone is now focusing on Bitcoin price movements, to find out where the market is moving.
When you are looking for the bull runs, it is usually bitcoin that goes up first. Remember all the other alt seasons and you will realize that first it is bitcoin that goes up, meanwhile alts go up only in fiat but not too much in bitcoin price, even maybe drop in bitcoin price sometimes as well. When bitcoin reaches to a point where it is hard to make more money or at least keep making that type of return that ends up with a lot of altcoins start taking turns and going high. I believe that the same thing will happen this year as well, first bitcoin and ethereum will go up to high levels, then it will pour into other coins as well and go super high.Bitcoin does often go up first compared to altcoins, even if we notice several times the alt seasons came after Bitcoin experienced a price increase.
What's interesting is that when the Bitcoin price finally starts to stabilize, it doesn't move too volatile. Sometimes slowly some altcoins will rise
even higher, it happens because some people trade altcoins to be able to make a profit.
September 08, 2021, 01:23:29 PM
I think OP by now has got the answer. When BTC goes up everything goes up and vice verse. Ethereum after falling to 3200$ is now trading around 3500$. I still feel that market is highly unstable and its not the right time to buy BTC or Eth. When Eth was trading around 3900$, there were predictions that Eth next target is 5k$. Nothing is certain in crypto market.
September 08, 2021, 12:26:17 PM
No matter how good the achievements experienced by ETH, I don't think it can affect the growth of other altcoins, because ETH can only build its own network, it's different with bitcoin can provide very real changes to the development of the crypto market, where all altcoins always follow the trend Bitcoins.
September 08, 2021, 11:27:28 AM
We are now in the second week of this last quarter and seems that the market falls back.
To those who start their investment during the pump are now losing some decent portions of their investment,
Better to hold if you don't have any stop and loss set up. Panic will lead you to lose more.
We don't know though if this is just another good correction before another bull run to hit the market and start running stronger.
More on speculations and hoping for the best outcome with our investment.
Q4 usually ends up in a high, but that doesn't mean that we won't have any lows at all this year neither. We could have some lows that followed by a huge high afterwards. I personally want to actually believe that bitcoin is doing fine right now, accumulation phase is not something horrible and we could always hang in there. Obviously it is not going to be easy to reach 50k+ levels in a day or two, it could take some time to get there, but remember if it can drop from 52k to 46k in under 1 hour, it can do the same in an hour as well.To those who start their investment during the pump are now losing some decent portions of their investment,
Better to hold if you don't have any stop and loss set up. Panic will lead you to lose more.
We don't know though if this is just another good correction before another bull run to hit the market and start running stronger.
More on speculations and hoping for the best outcome with our investment.
We had billions upon billions of dollars sold in the market in under 1 hour by some whales that caused this crash, who to say they won't buy that much as well? We could see that too. Which is why I am keeping my hope, I believe it could happen.
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