The last few days have been perfect for Ethereum in terms of its price, as its value has surpassed $4,000 and is currently trading at USD 4,216. This is a very good price indeed for the coin and it looks like now it is moving towards its all time high which was close to 5000 US dollars in the last bull run cycle. can we say that the alt rally is finally started now or you want to wait some more time to show some positive recovery in the market.
I hope that people who invested in Ethereum must be very happy because this is a great appreciation; however this is just the beginning I believe because somewhere down the line we are going to see even more appreciation happening on the coin in next few months most probably however it is hard to predict that what journey is it going to be. We don't know what the all-time high price is now for the coin, but first of all, we are all expecting that it should cross the last all-time high price as early as possible.
In the crypto market we feel good even when the coins are growing that we don't have and it's are all intercorrelated. in a similar fashion it's like when the Bitcoin value increases then many other coins also follow the same trend and this is why I said that things are connected directly or indirectly so if the bull run cycle starts many coins will see a growth on its price even though they are not great based on the fundamentals.
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