Why is Ether (ETH) price up today?

[babo]

Outflows from KuCoin on the Ethereum network alone exceeded 800$m over the past 24 hours. The exchange's assets are estimated at 4.8$bn.

Journalist Colin Wu also learnt from three independent sources that last year the founders were planning to shut down the exchange or sell the business.

I'm very sorry about this, I mean if Kucoin were to close: it was a very nice exchange and I had the opportunity to work with them
I'm sorry, for them switching to KYC was a real blow, the regulator then started annoying them all the time
I'm very sorry, I really liked it

[NikeFit_7777]

Even though the market capitalization of cryptocurrencies in general is a redundant metric. Technically, we are still in a period of ETH dominance, albeit the lowest since mid-2021 (-0.002).
The coming bull market will be the first bull market in history where Bitcoin will surpass Ethereum. ETH/BTC is at 0.050, a six-month support level.

P.S. Absolutely everything above is just my speculation and as such, make your decisions - solely on your own. Don't pass the buck to others!

[Litzki1990]

In my opinion, the price of ethereum will only experience a correction in the next few months, the price will be slightly cheaper than now. Maybe at that time we can buy ethereum, but if we want it to be cheaper we wait until the bearish season which is likely to occur at the end of next year

Unfortunately we don't know when bearishness will occur again, because so far the price of bitcoin seems to always have strong support so whales have difficulty making the price of bitcoin collapse. If at the end of next year the price collapses then it will still be too long to buy.

Since the market of Ethereum is directly dependent on the price of Bitcoin, when the price of Bitcoin falls, it is likely that the price of Ethereum will fall. The market has been positive for a long time and from the market positive for a long time now the market has dumped a bit and by dumping a bit the market is trying to settle in that position. If the market stays in its current position then we don't need to worry too much about this market as the market can go up again from here. But the concern is that if the market can't hold its position and if the market takes a big dump again, it will be very difficult to reach the previous position of the market.

[legend45]

In my opinion, the price of ethereum will only experience a correction in the next few months, the price will be slightly cheaper than now. Maybe at that time we can buy ethereum, but if we want it to be cheaper we wait until the bearish season which is likely to occur at the end of next year

Unfortunately we don't know when bearishness will occur again, because so far the price of bitcoin seems to always have strong support so whales have difficulty making the price of bitcoin collapse. If at the end of next year the price collapses then it will still be too long to buy.

Since the market of Ethereum is directly dependent on the price of Bitcoin, when the price of Bitcoin falls, it is likely that the price of Ethereum will fall. The market has been positive for a long time and from the market positive for a long time now the market has dumped a bit and by dumping a bit the market is trying to settle in that position. If the market stays in its current position then we don't need to worry too much about this market as the market can go up again from here. But the concern is that if the market can't hold its position and if the market takes a big dump again, it will be very difficult to reach the previous position of the market.

yes, the price of ethereum will always follow bitcoin. Marjet is red again this time and altcoins including ethereum are also experiencing price declines. I wonder whether we will experience a bearish season before the bullish season which is expected to occur at the end of this year

[IvugeoEvolutionCoin]

yes, the price of ethereum will always follow bitcoin. Marjet is red again this time and altcoins including ethereum are also experiencing price declines. I wonder whether we will experience a bearish season before the bullish season which is expected to occur at the end of this year

When the market price starts to fall again, this is a pretty good opportunity to buy as many coins as you can, taking advantage of the rise and fall in coin prices. The bearish season will be around for a while, only time will tell.

[Wiseman]

When the market price starts to fall again, this is a pretty good opportunity to buy as many coins as you can, taking advantage of the rise and fall in coin prices. The bearish season will be around for a while, only time will tell.

Yes, bro, I agree with you, most likely we have already sunk to the bottom where the market may now be, if it goes lower, it will be fatal, most likely it will stay at this level for some time, then it should still go up.

[enwi]

When the market price starts to fall again, this is a pretty good opportunity to buy as many coins as you can, taking advantage of the rise and fall in coin prices. The bearish season will be around for a while, only time will tell.

Yes, bro, I agree with you, most likely we have already sunk to the bottom where the market may now be, if it goes lower, it will be fatal, most likely it will stay at this level for some time, then it should still go up.

If we look at Bitcoin price movements, what should happen is that it will form a candle pattern like this, just like the previous halving which had a pattern like that. We must make the most of the bitcoin price collapse that may occur until the end of this year.

[DAMKAR]

When the market price starts to fall again, this is a pretty good opportunity to buy as many coins as you can, taking advantage of the rise and fall in coin prices. The bearish season will be around for a while, only time will tell.

Yes, bro, I agree with you, most likely we have already sunk to the bottom where the market may now be, if it goes lower, it will be fatal, most likely it will stay at this level for some time, then it should still go up.

Bitcoin will experience a correction and the price of bitcoin will turn but will not touch the price of $50K, so we should stay calm and hold bitcoin and wait for the price of bitcoin to improve. Bitcoin will touch a new ATH in early 2025.

[EthereumDev_]

Bitcoin will experience a correction and the price of bitcoin will turn but will not touch the price of $50K, so we should stay calm and hold bitcoin and wait for the price of bitcoin to improve. Bitcoin will touch a new ATH in early 2025.

Hopefully the price correction that is occurring in bitcoin will not make many people panic and the price will remain above $50k, because so far if bitcoin falls to a price below $50k it will make many people panic, including new traders and those very panicked because I was trapped at high prices.

[DAMKAR]

Bitcoin will experience a correction and the price of bitcoin will turn but will not touch the price of $50K, so we should stay calm and hold bitcoin and wait for the price of bitcoin to improve. Bitcoin will touch a new ATH in early 2025.

Hopefully the price correction that is occurring in bitcoin will not make many people panic and the price will remain above $50k, because so far if bitcoin falls to a price below $50k it will make many people panic, including new traders and those very panicked because I was trapped at high prices.

Keep calm , dude. Bitcoin prices have improved again, and are likely to reach $70K again, maybe even more. I'm not too optimistic, but looking at market movements and increasing trading volume, I think it will happen, a bullish season

[armanda90]

Today, price of ethereum have wake up few percent since bitcoin success break out to $67k and ethereum hit to $3,120, nice moment for ethereum holder because has chance with possibility for ethereum hit or bounce above $3500 behind the most close of Ethreum price when bitcoin above $70k success reach to $4,800.
During bitcoin keep moving to higher price I think its good moment for holder to see ethereum keep break out to higher price and waiting how much possibility highest price reach by ethereum in this bullrun moment of bitcoin.

[Power420]

Today, price of ethereum have wake up few percent since bitcoin success break out to $67k and ethereum hit to $3,120, nice moment for ethereum holder because has chance with possibility for ethereum hit or bounce above $3500 behind the most close of Ethreum price when bitcoin above $70k success reach to $4,800.
During bitcoin keep moving to higher price I think its good moment for holder to see ethereum keep break out to higher price and waiting how much possibility highest price reach by ethereum in this bullrun moment of bitcoin.

While the price of Bitcoin has increased significantly during this time, the price of Ethereum coin has not increased relatively much.  So if the bull run of the Ethereum coin moves towards the market, the maximum amount is more likely to increase and more likely to be at least $10,000 to $20,000. Last two days ago it was at 2900 dollars and currently it has met 3000 dollars, but the price of Bitcoin has reached from 61 thousand dollars to 66 thousand dollars.  Then you think how much the price of this ethereum coin has increased.

[IvugeoEvolutionCoin]

Bitcoin will experience a correction and the price of bitcoin will turn but will not touch the price of $50K, so we should stay calm and hold bitcoin and wait for the price of bitcoin to improve. Bitcoin will touch a new ATH in early 2025.

Hopefully the price correction that is occurring in bitcoin will not make many people panic and the price will remain above $50k, because so far if bitcoin falls to a price below $50k it will make many people panic, including new traders and those very panicked because I was trapped at high prices.

Keep calm , dude. Bitcoin prices have improved again, and are likely to reach $70K again, maybe even more. I'm not too optimistic, but looking at market movements and increasing trading volume, I think it will happen, a bullish season

Hopefully the price of bitcoin will rise again and can trigger another bullish season and make altcoin prices rise again. This is all due to the influence of BlackRock which is buying more and more Bitcoin than before. In this way, Bitcoin will become increasingly thin and will only be controlled by brands that have a lot of money.

[dekafee79]

Bitcoin will experience a correction and the price of bitcoin will turn but will not touch the price of $50K, so we should stay calm and hold bitcoin and wait for the price of bitcoin to improve. Bitcoin will touch a new ATH in early 2025.

Hopefully the price correction that is occurring in bitcoin will not make many people panic and the price will remain above $50k, because so far if bitcoin falls to a price below $50k it will make many people panic, including new traders and those very panicked because I was trapped at high prices.

Keep calm , dude. Bitcoin prices have improved again, and are likely to reach $70K again, maybe even more. I'm not too optimistic, but looking at market movements and increasing trading volume, I think it will happen, a bullish season

Hopefully the price of bitcoin will rise again and can trigger another bullish season and make altcoin prices rise again. This is all due to the influence of BlackRock which is buying more and more Bitcoin than before. In this way, Bitcoin will become increasingly thin and will only be controlled by brands that have a lot of money.

stay calm because the crypto market has started to improve and the price of bitcoin has also returned to $66K, it is likely that the price of bitcoin will approach $70K this month. If the price of bitcoin rises, we will again see upward movement in altcoin prices, this is what we have been waiting for.