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Topic: Ethereum signaling the next bull run for other cryptocurrencies (Read 515 times)

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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.
Looking at the current market I will say the altcoin bull season has faced some resistance and not only altcoin is facing this resistance even Bitcoin and other stocks in the market are witnessing the same level of resistance, ADA was performing well in the market in the early last week but it market crash some moments later only Hex coin at the moment still holding it price despite a red chart moment.
full member
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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.
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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.
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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.
Ethereum market is currently on a slow bull movement compared to when the London hard fork just happened. Throughout the entire cryptocurrency, the market has witnessed some resistance action since the crash happened over a week ago.
sr. member
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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.
sr. member
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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?

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.
sr. member
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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?

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.
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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.
sr. member
Activity: 1274
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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?

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.
sr. member
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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.
full member
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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?

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.
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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.
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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 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.
legendary
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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:


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-bch

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.
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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?

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.
sr. member
Activity: 1988
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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.
sr. member
Activity: 1876
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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.
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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.
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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.
legendary
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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.

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.
hero member
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As far as i'm concern, i know i'm optimistic having bitcoin and ethereum to become bullish before this year ends. The last quarter of the year are mostly the time when  bullish season starts like we had in the previous years so maybe this is the reason that we are already entering the bullish season and it will be possible with bitcoin reaches its all time high soon.   

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.
hero member
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I don't think that Eth is necessarily a going to be a catalyst for other coins' growth in the future.

Most of the hype that is surrounding ETH right now is sort of limited to ETH's infrastructure itself and does not extend to other altcoins. E.g. ETH2.0 and upcoming staking rewards.

Whilst the price movements of ETH and most other alts are certainly correlated in some ways, it is by no means a causal relationship.
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The ethereum market always follows the Bitcoin trend. Once the bitcoin market took action, all other coins will follow the same trend. Ethereum can not survive the market. Alone, it relies heavily on the Bitcoin market. But again, ethereum is a front-line coin in the altcoin market. It has to serve as the blockchain that houses most of the altcoins, so it has a good market price.
hero member
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if most of the coins are in bullish then yes the bull run has started but that all became possible because of btc and not because of eth .
 eth can be like every other coin that follows the path of btc.
 let us hope that this time the bull run can be more longer so that the anticipated prices for cryptos especially in btc will now be reached  .
I think its already a trend that once bitcoin reaches its new ATH, ethereum will also be expecting a bullish price, if not aleast its in a good price. And definitely if ethereum will stay in its bullish price, most of the altcoins will also be affected making their value too are seen to increase. And with that, a new altcoins season might definitely arise.

As far as i'm concern, i know i'm optimistic having bitcoin and ethereum to become bullish before this year ends. The last quarter of the year are mostly the time when  bullish season starts like we had in the previous years so maybe this is the reason that we are already entering the bullish season and it will be possible with bitcoin reaches its all time high soon.   
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if most of the coins are in bullish then yes the bull run has started but that all became possible because of btc and not because of eth .
 eth can be like every other coin that follows the path of btc.
 let us hope that this time the bull run can be more longer so that the anticipated prices for cryptos especially in btc will now be reached  .
hero member
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The influence of Bitcoin on other Cryptocurrencies is there but not so big or not on all Altcoins. When Bitcoin goes up, maybe Ethereum, Binance and some Top Altcoins also go up, but there are also Altcoins that don't go up in price or even decrease. Once again I say that the positive effects that Bitcoin has on other Cryptocurrencies exist, but not for all.
Just like what happened today, where Bitcoin hits the bottom again of $40k right after reaching the $52k mark and now the whole market is down, and yes ETH too so Bitcoin has been a big influence of every altcoins but of course we know that this is just temporary dump and pump can happen again. ETH will continue to go up after this Bitcoin scenario, for now let people panic and fill up your bags now.
this is a great scenario happening in the market for this year. Bitcoin price lows $29K this year and $50K in my opinion the average price and Bitcoin could return to $60K price within this year and altcoins also experience a decline of more than 10%.
But there is something strange behind the current decline in market prices if we look closely, what do you think?
hero member
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The influence of Bitcoin on other Cryptocurrencies is there but not so big or not on all Altcoins. When Bitcoin goes up, maybe Ethereum, Binance and some Top Altcoins also go up, but there are also Altcoins that don't go up in price or even decrease. Once again I say that the positive effects that Bitcoin has on other Cryptocurrencies exist, but not for all.

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.
Bitcoin is like a magnet that has been able to attract the attention of many people from the past until now. But what is happening in the market at the moment I notice the rising price of Bitcoin has little effect on the price of Ethereum. If we study further, it is Solana who has had an impact on the increase in Bitcoin for this year even though Bitcoin has fallen again in price.
sr. member
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The influence of Bitcoin on other Cryptocurrencies is there but not so big or not on all Altcoins. When Bitcoin goes up, maybe Ethereum, Binance and some Top Altcoins also go up, but there are also Altcoins that don't go up in price or even decrease. Once again I say that the positive effects that Bitcoin has on other Cryptocurrencies exist, but not for all.
Just like what happened today, where Bitcoin hits the bottom again of $40k right after reaching the $52k mark and now the whole market is down, and yes ETH too so Bitcoin has been a big influence of every altcoins but of course we know that this is just temporary dump and pump can happen again. ETH will continue to go up after this Bitcoin scenario, for now let people panic and fill up your bags now.
Just as I thought it's just another quick bull trap and I feel sorry for those people who fall for it thinking that it's another bull run. Lol I bet some whales right is laughing due to gaining their profit from those who buy at $50k. And it seems that most altcoins fall for it thinking it's another bull run.

People do really never learn from the past but if they were just new in the market I would understand but for those who believe that this is gonna get us far to break another ATH is a delusion. Just look at the chart already and you will see how those lines drop to almost all altcoins.
sr. member
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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.
sr. member
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The influence of Bitcoin on other Cryptocurrencies is there but not so big or not on all Altcoins. When Bitcoin goes up, maybe Ethereum, Binance and some Top Altcoins also go up, but there are also Altcoins that don't go up in price or even decrease. Once again I say that the positive effects that Bitcoin has on other Cryptocurrencies exist, but not for all.

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.
hero member
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The influence of Bitcoin on other Cryptocurrencies is there but not so big or not on all Altcoins. When Bitcoin goes up, maybe Ethereum, Binance and some Top Altcoins also go up, but there are also Altcoins that don't go up in price or even decrease. Once again I say that the positive effects that Bitcoin has on other Cryptocurrencies exist, but not for all.
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Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

yes this is indeed a signal for all crypto coins. but I don't think it will last long. so choose wisely which coin to buy, or you will be disappointed because the price doesn't go up. The state of ethereum is a natural signal for all altcoins, when good ETH is high, other altcoins will always follow, especially altcoins that are on the ERC20 network.
we can actually see ethereum revive the altcoin market. this is a good signal because choosing an altcoin is not so difficult for short term trading. the most important thing is not to get carried away by emotions to continue trading. immediately exit if conditions do not allow. take advantage of it. and immediately switch to another asset. because the signals that appear seem to be alternately belonging to several altcoins in the market.
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Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

yes this is indeed a signal for all crypto coins. but I don't think it will last long. so choose wisely which coin to buy, or you will be disappointed because the price doesn't go up. The state of ethereum is a natural signal for all altcoins, when good ETH is high, other altcoins will always follow, especially altcoins that are on the ERC20 network.
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The Ethereum price will sideway with uptrend for this week IMHO, and that is good chance to alts to growing healthy.
If that happened then it's good for those who are aspiring to bought this coin and store some inside their wallets,

Good enough for people who re trying to engaged to this coin and earned, just don't forget to do your DYOR to have a smooth investment journey.

Quote
This is good chance to add more bag in alts before it goes up while Ethereum will reach $5k in couple next week like what i believe.

Good chance and if you are doing your homework you'll be compensated by good amount of profits, deal well with your research to know what's best for your money.

Quote
If my prediction was right, i will get double profit when i put investment now in alts and change it to Ethereum when it $5k. I hope so.

Good luck in choosing your asset, that's a good idea if you know what's your doing.
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Gas fees are still quite high but both the market is in green so everything is going up which is the situation right now, but also ethereum is getting a lot of attention even with the high gas fee which makes it a lot more valuable these days.

With all the NFT gaming and all that going on right now, there is way too much hype around the things that are based on ethereums blockchain and which is why there are too many people who buy eth and use it instead of selling it and that results with price going up consistently. However this new increase is mainly due to the fact that the whole market is up, bitcoin is up, bnb is up, everything is up right now so it would be shocking to not see ethereum go up as well during this period, it is only normal for it to go up when all others already did.

I'm happy for Ethereum of course, I was a long time non-supporter until after the last crypto boom, when the devs looked more solid, and even Buterin wasn't so much the main face of it. But I do fear NFT hype is just another version of ICO hype, with a lot of scams and speculation driving demand. Time will tell, but I think we're in for another painful bubble.
At the moment ethereum is around $3,950 and Bitcoin is already at above $51 which signifies a unified market movement both are gaining at price at the same time but it will be a slow and steady price I believe before the middle of this week ethereum will surpass 4k.
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The Ethereum price will sideway with uptrend for this week IMHO, and that is good chance to alts to growing healthy. This is good chance to add more bag in alts before it goes up while Ethereum will reach $5k in couple next week like what i believe.
If my prediction was right, i will get double profit when i put investment now in alts and change it to Ethereum when it $5k. I hope so.
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Not just ETH, if you look at it in terms of bitcoin then everything is clear. The problem is that the constant nostalgia helps limit the growth, if you have read some news like former president Trump saying that crypto is a disaster. Everyone's opinion will be different, instead of looking at anyone's point of view, think for yourself and evaluate it. Personally I see no problem at all, as I came into it not looking for quick profits and time will tell, I have been patiently waiting for this market not only this period but now even later.
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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?

I think that the rise of mainstream currencies are always signals of positive movements of altcoins in the future .All altcoins follow Bitcoins global trends. It happens because if people see that BTC is falling and a bear market is soon, they sell off altcoins first, as they are more risky. So we often observe that when there is a severe crash of BTC, all other coins also fall.
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Hopefully.'
The rise of Ethereum is really good enough currently.
However, actually, it is not the only Ethereum. We can see many altcoins are also increasing with a high percentage so far.
I believe that the bullish trend may be starting again.
Moreover, Bitcoin price is also not dropped enough so that it can be one of the good signals for increasing.

Ethereum is certainly doing better than expected. I wasn't expecting it to be close to ATH this quickly but it managed to not drop too much on the recent corrections and this meant that with the new increases it was able to grow a lot closer to the ATH prices
I am also wondering that ETH may really pass the ATH, hopefully soon or before this year-end.
ETH has a great chance to rise up, again and again.
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Ethereum platform has always inspired bull run, but her platform is now on a suicide auto mission to destroy traders through gas fee. As it stands now, ETH is not the only project leading the bull run. Smart contract platforms allowing Defi to thousands of their users is leading the bull run. They all draw inspiration from Ethereum and hence try to connect to eth Mainet via bridge.
hero member
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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?
Ethereum is certainly doing better than expected. I wasn't expecting it to be close to ATH this quickly but it managed to not drop too much on the recent corrections and this meant that with the new increases it was able to grow a lot closer to the ATH prices.

I personally feel like there is a good chance it could actually make a good amount of money in the future as well, it is not going to be piece of cake to reach to ATH price, but it is so close as well which means at least it is easier than before now. Let's see it go beyond 4k+ first, that will be a big deal and after that we could see it grow even bigger as well. It is definitely going to be awesome, the price will break ATH for sure, I just don't know when it will do that.
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Eth is almost hitting 4k as we speak, very bullish this past few days, so far i don't see other alts following along with eth perhaps this will happen later, it will be nice to see other alts as bullish as eth is, the only alts i can see performing same is sol (the ones i know though) so if eth can trigger the next bull run then am looking forward to it because am holding some alts i would like to see performing well too.
legendary
Activity: 2310
Merit: 1101
I saw that sudden price increase too and was quite surprised, didn't think ETH would spike when gas fees are so high. But I guess now BTC is breaking 50k again for once it has to thank ETH markets for being the instigator of the current rally.

Wednesdays are dips, Thursdays are the new Fridays;)
Gas fees are still quite high but both the market is in green so everything is going up which is the situation right now, but also ethereum is getting a lot of attention even with the high gas fee which makes it a lot more valuable these days.

With all the NFT gaming and all that going on right now, there is way too much hype around the things that are based on ethereums blockchain and which is why there are too many people who buy eth and use it instead of selling it and that results with price going up consistently. However this new increase is mainly due to the fact that the whole market is up, bitcoin is up, bnb is up, everything is up right now so it would be shocking to not see ethereum go up as well during this period, it is only normal for it to go up when all others already did.
sr. member
Activity: 882
Merit: 251
For ethereum to have sustained its present price of 3,800 for the past few days shows how strong we are in the altcoin season, some other NFT projects also jumped in price within the early days of this week. But at the moment the entire cryptocurrency market is on a stable mode right now.
Ethereum will still increase until it passes the price of $4K for one unit, why do I say that because so far the increase in Ethereum has continued without a hitch and has never decreased by a large percentage, this indicates that Ethereum will find a new high in the year this.
legendary
Activity: 2268
Merit: 1655
To the Moon
Stopping panic selling is not a simple task because whatever you do newbies will still sell at any point there is a fall-off in price They get afraid and sell because of weak hand panic at every slightest action in the market.

Beginners cannot dump coins with a large capitalization, since they do not have enough funds for this. This is subject only to whales who have large financial resources for this. But at the moment when whales start dumping coins, newcomers usually connect to it and sell their coins, thereby further reducing the cost.
member
Activity: 742
Merit: 12
Global peace initiative
For ethereum to have sustained its present price of 3,800 for the past few days shows how strong we are in the altcoin season, some other NFT projects also jumped in price within the early days of this week. But at the moment the entire cryptocurrency market is on a stable mode right now.
hero member
Activity: 2842
Merit: 574
Ethereum is showing good movements now while the price already reached $3,800 but now the price is down for $3,700.
It is closest to $4,000 and I guess that will reach in the next few days.
If the bitcoin price can back to $50,000, that will be a good time for ethereum to lift the price step by step and at more than $4,000.
I will consider seeing that if bitcoin can back to $50,000, that could be the next altcoin season and the other bull run for bitcoin and we might see that will happen in the rest of the month this year.
But there is no real sign for that thing so we need to be careful and always take profit if you think you already make it so you will not regret not selling your coin at a high price.
legendary
Activity: 2520
Merit: 1073
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?
I don’t know about this for sure if there is going to be a bullish trend that will continue. But I have noticed that altcoins has been upping for a while now. I am holding Ethereum and a few other altcoins and I have noticed the Increase. Ethereum did five percent today, and another coin I Hodl (Tron) has increased more than ten percent just today. They are all bullish right now, but I don’t know for how long they will continue, though I really wish that they continue. I have plans to further invest money in altcoins if the trend is going to continue like this. For now I am just going to sit back and watch them closely.
member
Activity: 504
Merit: 57
Bitcoin is still the leading giant of the market at the moment and if you look at the market conditions closely you notice that what I give ethereum the height so far is the Bitcoin pair and the percentage difference between ethereum gain and Bitcoin gain within the last 24 hours is just 0.09% so am still of the opinion that ethereum is riding on Bitcoin market at the moment.
sr. member
Activity: 1610
Merit: 304
kycfree
Nearly the entire market is bullish again these days. Ethereum price reached even $3.8k today. Bitcoin has also broken the $50k resistance today again. It shouldn't be too hard for Bitcoin to continue rising above $50k till $55k at least. And a move like this would affect the rest of the market deeply also. We might see many coins increasing their value a lot in this period.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
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?
The market has been bullish ever since we've seen that most of cryptos were up. This will continue until we finally see the drop to its price.
While it's there, we can all assume that the bull run is still there and cannot be seen where this will be ending because we mostly thought that it's already done.
sr. member
Activity: 1582
Merit: 301
*STOP NOWHERE*
I think the price of Ethereum will go up to $10k this year. Extensive positive speculations about Ethereum are being discussed on social media and crypto-related news portals. If Bitcoin will cross the previous ATH by December, it is confirmed that Ethereum will go $10k. However, with the rise in the price of Ethereum, its gas fees are also increasing, which is a matter of big concern now.
member
Activity: 1764
Merit: 10
I agree, as soon as the price of Ethereum began to rise, immediately other cryptocurrencies began to rise in price, this is of course very good, but so far I do not think that there will be a huge growth of the cryptocurrency market in the near future, I currently think that by the end of this year a very good growth of the cryptocurrency market is possible, but at the moment we need to monitor Ethereum, since it is possible that Ethereum will reach 4k$ this month, since the bullish trend is now showing itself very well and Ethereum can break through 4k$ even in the coming days.
legendary
Activity: 3080
Merit: 1230
Leading Crypto Sports Betting & Casino Platform
For sure it is a good sign.I remember back in 2017 the bull run started in September and ended in December,back then Bitcoin was the igniter but because of that even Ethereum reached more than 1500 USD for a coin which was the first all time high for Ethereum.I hope we have the same scenario here,only this time Ethereum will be up to 8-10k dollars in December and Bitcoin to 100k,that would be our perfect Christmas gift and honestly I believe it will happen and I am waiting for it.
member
Activity: 518
Merit: 45
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?
The market looks bullish for now but you can never tell what the whales are going to do. My strategy is to stake cryptos like ETH, NEAR, Celo and to sell the staking rewards only when the market goes up.

It's not as easy as it sounds, indeed what you say is quite effective if we are able to control the mental situation of beginners during a big big decline. Because at the moment the market looks good and is a good start in September it is possible that the Bullish market will continue. The popes of course use this as a place to roll the dice. So keep trading short term for altcoins.
Stopping panic selling is not a simple task because whatever you do newbies will still sell at any point there is a fall-off in price They get afraid and sell because of weak hand panic at every slightest action in the market.
sr. member
Activity: 784
Merit: 252
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?
The market looks bullish for now but you can never tell what the whales are going to do. My strategy is to stake cryptos like ETH, NEAR, Celo and to sell the staking rewards only when the market goes up.

It's not as easy as it sounds, indeed what you say is quite effective if we are able to control the mental situation of beginners during a big big decline. Because at the moment the market looks good and is a good start in September it is possible that the Bullish market will continue. The popes of course use this as a place to roll the dice. So keep trading short term for altcoins.
member
Activity: 672
Merit: 10
Right now the market is getting a little green and there may have been a lot of news pushing the market to go green so fast. I personally hope that Ethereum can go up to $4k soon and bring us a lot of profit, and also I hope that this will be the start of the crypto market revival.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
we must continue to suggest ourselves stay in good market conditions.
but we can't keep expecting the bulls to come in stages even in a fairly short span of time.
this market needs some stabilization, and now we are in that moment. the price goes up and then down, and that situation will happen again and again. until eventually there will be greater support or even a correction that will come
legendary
Activity: 2590
Merit: 1195
Livecasino, 20% cashback, no fuss payouts.
I saw that sudden price increase too and was quite surprised, didn't think ETH would spike when gas fees are so high. But I guess now BTC is breaking 50k again for once it has to thank ETH markets for being the instigator of the current rally.

Wednesdays are dips, Thursdays are the new Fridays;)
newbie
Activity: 28
Merit: 1
Ethereum is switching to Proof Of Stake, although the transition seems relevant, it can also lead to unintended consequences, I read about it on Blockster, I leave the link https://blockster.com/blockdesk/1442_ethereum-is-going-proof-of-stake-how-long-can-it-take
hero member
Activity: 1400
Merit: 650
Always Act Smart and Play Safe With Your Funds
It could be possible for a news to drive the market so quickly and i see is just a Green. Hoping to see Ethereum knocking at $4k by the ending of the day or week.
it has taken a new dimension and not determining increase in transaction charges.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

You can check the top-performing coin list if most altcoins are being driven up by the bullish trend on Bitcoin and Ethereum. If there are not much coins or tokens that moved a bit then those altcoins are not affected.

If the majority of the coins are having a slight increase then we can say it's a good signal for a bullish point. So far most of the coins on my portfolio are not being carried up by the price increase of Bitcoin and Ethereum. ADA is my top-performing coin as of the moment as it breached a $3 value.
full member
Activity: 700
Merit: 100
Most often, when everyone is preparing for one thing, then there is a very high probability that everything will happen exactly the other way around. Everyone starts buying 3k each with thoughts of 5-6k and the result is a drop to 1k for half a year, with a desire to squeeze the panicking out of the game.
sr. member
Activity: 1722
Merit: 269
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?

Yeah the sudden price increase of Ethereum that happened yesterday came pretty much out of nowhere, at least for me. I still don't know what was the reason for that increase. Maybe some big investor or financial institute invested heavily into Ethereum, because most other projects did not increase in price yesterday so this was just a investment spike in ethereum. It is true though that a raising price of ethereum can signal, that other and smaller altcoins are also beginning to rise pretty soon, at least that is how it was in the past. First BTC was rising then ETH and other big altcoins and then a few weeks after that the small cap coins also rised.
hero member
Activity: 2520
Merit: 711
The main consequences for the Ethereum network after the London hardfork was the introduction of a coin burning mechanism, I think that this is why it became a catalyst for the growth of the cryptocurrency. The most interesting thing will start after Etherium updates ATH whether it will go higher or will be adjusted by 30-40%. The rise in Ethereum has always been a signal for the growth of altcoins, so the crypto market will be in a bullish trend.
member
Activity: 223
Merit: 13
The whales are back as we know it but at the same time we don't know what their plans are, maybe when they have had enough they will dump? But ETH2.0 makes me think twice about this claim, whales might find a new home in ETH 2.0
member
Activity: 414
Merit: 23
I don't think so for all, but this only happens for a few stable coins. We can monitor market movements every day that when the price of Bitcoin and Ethereum increases, there are also other coins that do not follow Bitcoin and Ethereum even though we wish that other coins or tokens in cryptocurrencies can also increase in price following the good trend of Bitcoin and Ethereum.
newbie
Activity: 65
Merit: 0
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?
Yes, your evaluation is absolutely correct. I do think there will be a great bull run in the recent future. Of course in the bull runs most of the projects go high but some of them can show their real values. The projects will realistic use case, perfect and rug proof fundamentals, the projects who actually making something and trying to change the crypto world and ease the life of people. Projects like ETH, ADA, XRP, LTC, XSN and so on. Choose wisely in this period
sr. member
Activity: 1344
Merit: 259
Tontogether | Save Smart & Win Big
The recent change is bringing more positive signals to ETH,
Although there are many limitations on this coin, we all know the potential and value it has contributed to this market. I think that if the current situation continues, we can fully expect ETH to surpass ATH in the near future and conquer a bigger target.
member
Activity: 742
Merit: 12
Global peace initiative
The total price control today is on a high side and bullish. This will give birth to another incredible time in the entire cryptocurrency. ethtereum has been on the lead with bitcoin battling to break the $50,000 bench mark.
full member
Activity: 966
Merit: 102
Yes it looks like it's going to beat its previous all time high, that's true that the Ethereum is printing a bullish signal but we still need to confirm the signal we are still not sure what will happen but so far I was able to earn good profit with its run in the previous days. I hope this bull ruin in Ethereum will continue.
member
Activity: 252
Merit: 10
Bitcoin is already at $50,126.54 at the moment and for me the next few months the market will be in good shape for all altcoins. Today's average coin increased by 6% and we expect it to last until the end of the year at least the top 20 coins.
newbie
Activity: 39
Merit: 0
Right now the Whales have bought a lot of $ETH and brought it all back to their wallets and the amount of $ETH on all exchanges is decreasing. That's why the price of ETH will reach $4000 in the near future, and Perhaps the gas fee for transferring erc20 tokens is a big problem that this platform and the projects on it face.
member
Activity: 336
Merit: 16
What happened in the last few days is just a correction phase which is normal, since bitcoin touched the 50k region last week. The only surprising thing to me is how ethereum has been on a steady rise in the last few days. I think this is an ethereum week as it may go up to 4k before the end of this week.
jr. member
Activity: 840
Merit: 6
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?
The market looks bullish for now but you can never tell what the whales are going to do. My strategy is to stake cryptos like ETH, NEAR, Celo and to sell the staking rewards only when the market goes up.
member
Activity: 518
Merit: 45
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?
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