Re: Will Ethereum hit $5000 this year?
$5,000 this year? Probably not.
$5,000 on the whole duration of the bull market? That's more likely.
TBH, $5,000 is a very conservative prediction knowing that the price of Ethereum is at $3,000 currently, and the bull run hasn't even started yet. It might happen in the next few months, but one thing's for sure. Ethereum will reach $5,000 possibly this year or not, but in the whole bull run season, it will reach that price.
Of course, I might be wrong because that's just my prediction. Like what others are saying here, nobody can predict the market that's why many prefer to just do DCA.