Reasons why Ethereum keep rising while Bitcoin on a stable mode

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Quote from: godzillarekt007 on November 15, 2021, 02:47:17 AM

Ethereum has shown much strength in Q4 here when it usually gets depressed. For me that is highly bullish sign on Ethereum, and I think it stands to at least attempt a run at the ATH ratio ETH/BTC. Time will tell. I am not sure a flip will happen, but I am excited for ETH here in the next few months.

I think the main reason why ETH S continues to rise is because it is the second most important currency considered after BTC, in addition to observing the market it is still the leading currency in terms of projects in the ERC-20 network, and if we add that there are many who are ETH fans and who have always liked ETH and buy at every drop, for now they are making a lot of profit, and as long as BTC remains stable at a price above + $ 60k it will always be the best deal and when establishing that ETH grows faster than BTC is an advantage that it has that is very evident.

jeungo

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As I believe that the idea of Ether is worth a specific design of the model that is in the heads of developers, as for the Bitcoin , I do not understand what kind of task except the recognition and replacement of real money sets the community. It is very difficult to understand, and this can be arguing indefinitely.

onecall123

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There is no way to sell Ethereum since nobody can afford it. Because of the excessive gas fees, the price of Ether only moons. However, people with large amounts aren't selling because of high gas fees? Wales doesn't care about 20/30 dollars. They would technically be buying back into ETH if they sold out of those projects. In the grand scheme of things, this is only a small bump in the road. Have patience. Holding coins on the Ethereum chain won't affect the price of Ethereum, right?

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Quote from: BIN-BIN on September 01, 2021, 02:42:57 AM

Many people will believe that this is altcoins season reasons most altcoins such as ethereum rose to $3’500 and above which represents a 7.90% rise.

As a crypto analyst, I took my time to analyze the market and have realized that the ethereum to Bitcoin pair has generated the increase in the value of ethereum so Bitcoin ultimately is the background for ethereum rise and not the US dollars as ethereum to dollars pair is suffering a relative decline in price just like Bitcoin.

In conclusion, the ethereum bull will only last as long as the Bitcoin ethereum pair stay down, but how long will bitcoin resize before picking up against the dollars?

The Ethereum supply is limited and demand was increased in huge.It's due to the launch of Ethereum 2.0.The base for the ETH 2.0 is Ethereum.Mostly exchanged pair of bitcoin is ethereum and then only usdt. So ethereum had the market, till the bitcoin had his market among the investors.So ethereum price gonna increase from current value to 7k dollars in a short period.Investors just hold your coin till the ATH happened in the ethereum market.

Many people thought, ethereum won't reach the value of 2000 dollars. But same ethereum had crossed the value of 4600 dollars made the people to think about the ethereum.

godzillarekt007

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Ethereum has shown much strength in Q4 here when it usually gets depressed. For me that is highly bullish sign on Ethereum, and I think it stands to at least attempt a run at the ATH ratio ETH/BTC. Time will tell. I am not sure a flip will happen, but I am excited for ETH here in the next few months.

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Quote from: BIN-BIN on September 01, 2021, 02:42:57 AM

Many people will believe that this is altcoins season reasons most altcoins such as ethereum rose to $3’500 and above which represents a 7.90% rise.

As a crypto analyst, I took my time to analyze the market and have realized that the ethereum to Bitcoin pair has generated the increase in the value of ethereum so Bitcoin ultimately is the background for ethereum rise and not the US dollars as ethereum to dollars pair is suffering a relative decline in price just like Bitcoin.

In conclusion, the ethereum bull will only last as long as the Bitcoin ethereum pair stay down, but how long will bitcoin resize before picking up against the dollars?

Crypto goes in cycles as whales take profit:
large cap- BTC
large alts- ETH
medium alts- NEAR
microcaps- Yape, REF, 0xMR
Then back into BTC and repeat

MrcMrc

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The ethereum London hard fork happens at the right time where the entire market is on a bull run ethereum made a $4000 price before correcting back to above 3500 at present before the end of September. We may see ethereum making it to 4000.

gurunanakji777

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After changing to the deflationary mode Ethereum keeps rising even I would say ethereum is performing much better than Bitcoin at the moment. We all know ethereum is burning the coins daily so the price is also moving. Soon we will see Eth to dollars pair will also rise. I believe eth bull is unstoppable now because the concept of eth has been changed even I feel when Btc will rise eth will parallelly rise with BTC.

evichi

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A typical investor will look for ways to make money. Keeping money in fiat or stable coin will not earn you profit. Most exchanges have initial transaction form fiat to Bitcoin. By, holding Bitcoin, you can make money when the value increases. But with the increase financial platforms like DeFi, DApps, and others that have smart contract with Ethereum, the value of Ethereum continues to grow. Investing in Ethereum will likely yield faster returns when compared to Bitcoin. This is probably one of the reasons Ethereum keeps rising while Bitcoin is in a stable mode.

livingfree

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A lot of Ethereum has been burned. Just look at this news, Ethereum burned reached $1B.

https://finance.yahoo.com/news/1b-ethereum-now-burned-since-161340993.html

All good for the entire economy of Ethereum and that's why it's bound to rise.

BIN-BIN

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Quote from: tvplus006 on September 15, 2021, 03:28:47 PM

Quote from: fadil46 on September 11, 2021, 03:45:31 AM

Only HEX tokens are in a good trend, while other Altcoin markets like Ethereum are not in a good trend even though the price still looks very decent, but if Bitcoin crashes again like a few days ago, then Ethereum will follow suit.

It is too early to talk about the prospects of HEX and compare it with Ethereum, while it has such a small daily trading volume. In addition, this coin is traded on DEX and several shitty centralized exchanges, which in turn also indicates the" prospects " of this coin.

Hex can’t be compared with ethereum because of its volume and listening, even though an advocate of Hex coin that does not becloud my thoughts and ability to see some shortcomings of Hex and it going to take lots of work and development before Hex can fit into the class of ethereum.

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Quote from: Ozero on September 04, 2021, 01:42:56 AM

It seems to me that the reason for the current price growth of ethereum compared to the growth of bitcoin is primarily the successful update of the ethereum network and the expectation that this coin will soon continue to grow both in popularity and in price terms. Ethereum is expected to rise in price to ten thousand dollars or more soon. Bitcoin already has a high price and it will be difficult for it to increase several times in price, as ethereum is supposed to do. Therefore, the possible and expected profit from ethereum can be higher than that of bitcoin.

The ethereum network always has some new hype that is supposedly going to change the world and then nothing happens, they had icos, DeFi and now they have NFTs and a great deal of the community is falling into it so it makes sense there are periods of time in which ethereum performs better than bitcoin.

But this is short lived, eventually the hype on NFTs will decrease as people are realizing the scams they are suffering and when that happens their superior performance that people are expecting out of ethereum will diminish and bitcoin will once again be in complete control of the market.

tvplus006

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Quote from: fadil46 on September 11, 2021, 03:45:31 AM

Only HEX tokens are in a good trend, while other Altcoin markets like Ethereum are not in a good trend even though the price still looks very decent, but if Bitcoin crashes again like a few days ago, then Ethereum will follow suit.

It is too early to talk about the prospects of HEX and compare it with Ethereum, while it has such a small daily trading volume. In addition, this coin is traded on DEX and several shitty centralized exchanges, which in turn also indicates the" prospects " of this coin.

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Quote from: samcrypto on September 15, 2021, 02:52:16 PM

Quote from: Chathusand on September 13, 2021, 08:10:08 AM

Everything now appears to be moving in the same direction as bitcoin. Most altcoins, not just ethereum, are the same. All cryptocurrencies will quickly catch up to bitcoin if it attempts to enter a bull market. Until bitcoin reaches a new high. When bitcoin begins to stabilize, altcoins will follow.

Bitcoin have to start the trend before we finally reach a new bull market, and since the price of BTC stabilize for now we might not see the altcoins pumping that much again.

With regards to ETH, recently they just burned a huge amount of Money because of the fork and maybe this is one of the reason why its price goes high in the past days, having a limited supply is always a good update. If ETH address the problem on fees, we’ll see a more bullish price.

That is the problem that Bitcoin is in standby mode from quite some time now,sure it gave a signal when it reached like 52.000 dollars again after being really low in the mid 35.000 dollars for a coin but nothing is happening.I think we will see the start of the bull trend in end of 2021,usually the previous all time highs except this of April 2021 have been spotted one in November 2013 and then in December 2017.Maybe a coincidence but we are now in 2021 and I hope history to repeat itself once in 4 years as it has done with Bitcoin so far.Altcoins will then follow as they have always done including Ethereum which can reach like 8000-10.000 dollars for a coin.

zasad@

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If you look at the current amount of burnt coins https://ultrasound.money/
and counting the 345,000 coins that miners are now receiving, it will become clear that after the Merge, the number of coins will sharply decrease and the price of Ethereum may rise sharply.
It seems to me that the developers themselves did not expect that such a number of coins would be burned.

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Quote from: Chathusand on September 13, 2021, 08:10:08 AM

Everything now appears to be moving in the same direction as bitcoin. Most altcoins, not just ethereum, are the same. All cryptocurrencies will quickly catch up to bitcoin if it attempts to enter a bull market. Until bitcoin reaches a new high. When bitcoin begins to stabilize, altcoins will follow.

Bitcoin have to start the trend before we finally reach a new bull market, and since the price of BTC stabilize for now we might not see the altcoins pumping that much again.

With regards to ETH, recently they just burned a huge amount of Money because of the fork and maybe this is one of the reason why its price goes high in the past days, having a limited supply is always a good update. If ETH address the problem on fees, we’ll see a more bullish price.

BIN-BIN

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Well, the ethereum market is closely following Bitcoin in its recovery journey. Ethereum has passed $3500 and is heading to recover back to 4k before it moves beyond that price. The cryptocurrency market is seeing some green signal in its chart which will eventually recover and make an all-time high in a short period from now.

Chathusand

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Everything now appears to be moving in the same direction as bitcoin. Most altcoins, not just ethereum, are the same. All cryptocurrencies will quickly catch up to bitcoin if it attempts to enter a bull market. Until bitcoin reaches a new high. When bitcoin begins to stabilize, altcoins will follow.

LordMiguel

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i may be wrong but do the high gas fees in ethereum i am certain that ethereum will never see the 5000usd price mark. the more the price move up, the more gas fees for dex increases. also the more people move into other smart contracts with lower fees, binance, polygon, solana( i so much love this project now) and fantom. until, ethereum solve the problem of gas fees, we will never see ethereum move pass 5000 without going down. it is simple as ABC.

Blowon

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I feel like everything is now following bitcoin's direction. Not only ethereum, but most altcoins are the same. When bitcoin tries to enter a bull market, all altcoins will catch up with it soon. Until bitcoin goes high. Altcoins will follow when bitcoin starts to stabilize.

Topic: Reasons why Ethereum keep rising while Bitcoin on a stable mode (Read 437 times)