Ethereum has broken through the sky, first looking at 5000, next step 8000 USD!
Wall Street has indeed seen large funds entering, with both Bitcoin and Ethereum breaking through.
Many people think Ethereum might be a false breakout, but you have to consider that BTC has truly broken through and will continue to rise, while ETH has tested the 4000 mark multiple times before, so I am more inclined to believe that this time the 4000 is a real breakout, about to enter a price vacuum area, it’s the starry sea!
The current strange market situation is indeed as we analyzed a few days ago, Bitcoin is sucking the small coins dry, Bitcoin needs to rise first, for example to around 120,000 USD, then the small coins will start to rise and explode.
Actually, I am still surprised that Ethereum can rise with BTC without being drained, it seems that Ethereum's ETF is indeed effective, being flooded by Wall Street, taking off together.
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