Just like in previous cycles, ETH makes its moves later than bitcoin.
We will see ethereum reaches a new ATH soon. Following ETH ATH we always saw the altseason peak.
~snip~
If we look at the history in 2020 and 2021, which began with the effect of Bitcoin Halving on the increase in the price of Ethereum, it was from the price of:
212 dollars when Bitcoin Halving occurred on May 11, 2020.
The third halving event occurred on the 11th of May, 2020 (UTC) at block height 630,000
3,200 dollars the highest price on May 11, 2021, that means more than a year the price of Ethereum has increased by thousands of percent. And its all time high was at a price of 4,200 more in December 2021
Yesterday the 2024 haling occurred on April 20, 2024 with an Ethereum price of around 3,200 dollars.
The fourth halving event occurred on the 20th of April, 2024 (UTC) at block height 840,000
If in May 2025 the price of Ethereum increases by 100%, meaning it is at a price of 6,400 dollars, do you personal think Ethereum can reach 200% to a price of 12,600 dollars?
Source : https://www.bitcoinblockhalf.com/