Will Ethereum hit $5000 this year?

[enwi]

but we can't be sure of all of that because everyone can speculate what price the highest ATH will be,
but I agree with you that the value of ETH will take longer to reach 5k$, as we know ETH has not yet received approval from the ETF

Sure, people only can speculate, no one knows the exact price of ETH in the future. How big the ATH of Ethereum, is impossible to know. But in theory, it won't be so difficult to achieve because the ATH in the previous period was around $4,878 (in 2021). If ETH can reach a new ATH in the next altcoins season, it should be above $5,000. I think whether the ETF market will be accepted or not, the ATH of Ethereum will be above $5,000.

We may carry out several kinds of theories that we can implement into ethereum price movements in the market, but when it is in the market anything can happen, which means ethereum price movements may not be in accordance with what you have planned.

[dekafee79]

but we can't be sure of all of that because everyone can speculate what price the highest ATH will be,
but I agree with you that the value of ETH will take longer to reach 5k$, as we know ETH has not yet received approval from the ETF

Sure, people only can speculate, no one knows the exact price of ETH in the future. How big the ATH of Ethereum, is impossible to know. But in theory, it won't be so difficult to achieve because the ATH in the previous period was around $4,878 (in 2021). If ETH can reach a new ATH in the next altcoins season, it should be above $5,000. I think whether the ETF market will be accepted or not, the ATH of Ethereum will be above $5,000.

We may carry out several kinds of theories that we can implement into ethereum price movements in the market, but when it is in the market anything can happen, which means ethereum price movements may not be in accordance with what you have planned.

In the crypto market anything can happen, and sometimes our predictions are wrong.  Some say this is just manipulation by whales.  In my opinion, this is true in the short term, but the 4 year cycle is still influential after the halving, the Bitcoin price will rise.  Because this happens every 4 years.  And learn from what has happened, this incident will always repeat itself.

[bounceback]

In the crypto market anything can happen, and sometimes our predictions are wrong.  Some say this is just manipulation by whales.  In my opinion, this is true in the short term, but the 4 year cycle is still influential after the halving, the Bitcoin price will rise.  Because this happens every 4 years.  And learn from what has happened, this incident will always repeat itself.

Will repeat its self with bitcoin four years recycle, I think the same with Ethereum potential raise up to $5000 after ETF approval and make more easily in the future to get investor trusted.
Halving have been two months ago and bitcoin recently after success breaking out to the higher price not make significant movement any more by creating new all time high price. Seems few months later if bitcoin make significant increasing price always follow by Ethereum how to break out more higher price with potential touch new ATH price or up to $5000 in this year.
I don't think need another four years cycle to see bitcoin next time halving raise to higher price after many investor and big company invest their money in bitcoin.

[Uruhara]

Isn't today the deadline to announce the decision on whether or not the Ethereum Spot ETF (S1) will be accepted? If that is true, tonight will definitely be a night that will cause market volatility in the Ethereum ecosystem to increase rapidly. For those who trade in the Future market, maybe you have to be careful. But for daily traders, maybe this will be a good moment to take advantage of. But I haven't seen any big moves in the price of ETH at the moment. Is it possible that even after approval, the ETH price will not immediately experience a rapid increase?