Ether at 2K USD
When we talk about points in the market We just can't ignore Ethereum because this is the coin that is on top in the list of altcoins, and in the overall market, it is ranked second after Bitcoin. Some people say that Theium is a Bitcoin killer But I don't agree to this statement because both have different use cases, and Ethereum is not built on the same fundamentals that Bitcoin follows, so it can grow well, but I don't think it will ever surpass Bitcoin.
I have seen this coin trading around $100 also in the past, and in the last cycle, the price was almost 5000 US dollars. However, it did not perform well because it was anticipated that it would move forward and make a new all-time high; however, it did not. People are anticipating that Ethereum is going to touch the $10,000 price mark, but that did not happen, and currently the price for this coin is 2000 US dollars, which is low and surely not what is expected from this coin.
From this price point, it is hard to say how this price is going to perform, but I believe it will go. However, this time the growth is going to be time-consuming, and we just can't expect any kind of magical rallyinn this coin price for the next few months, at least. Anything can happen in the market, not going to defend that because there have been situations like this when we have experienced amazing growth all of a sudden.
But if you go by the history and the fundamentals then currently the market does not hint any significant growth which is going to happen overnight so if you have invested on the coin probably you need to wait for some time but again go through your research and study and take your decisions accordingly because what I'm sharing here is no way of financial advice But I personally believe that it is not the time to book profit rather it is the time to wait and grow the holding if it is possible.
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