By the end of 2023, the price of Ethereum was slightly above two thousand dollars. Currently, the price of Ethereum is the same. I think Ethereum will surpass $4000 in the year 2024. Ethereum is a stable coin that does not rise in value easily and does not fall in value easily. It is expected that the year 2024 will bring good results for Ethereum and the price of Ethium will increase further this year. I think the bull market upside can be seen in Ethereum as well.
Everything about ethereum price movements is depends on two factors and also other altcoins too. The first factor is the continued demand for ether, and the second factor is the Bitcoin market control. As many of us know, it is very clear that the demand/supply rules of any coin/token pushes the prices high or low, and if there is a high demand price will move up and likewise a low demand; the price will definitely drop.In facts, Bitcoin control or drives the crypto market, and the pump will always pushes the entire market high, vice visa, a dump always crash the altcoins Prices.
As for the year 2024, the price ethereum may pump with a new All time High , but I think it all depends on Btc movement.