$ETH It is one of the most important coins in this market, being the second with the highest market capitalization after $BTC , the curious thing is that with this data it would be logical to have ETH at historical highs just like BTC, but the reality is different and we have Ethereum at levels very lagging behind what this bullish market demands.
ETH has a price around $3200 at the moment I write this, however I still cannot speak of a price ceiling because there are things that completely change its narrative, and that is what differentiates it from the rest of the assets in the market.
1. Although they have a somewhat uncompetitive performance, ETH is part of the exclusive group of coins that have an ETF, but this has not meant that its price has risen; on the contrary, I think it is the only thing that has prevented this cryptocurrency from crashing.
2. Its network is increasingly becoming more and more distant from what is considered efficient, which implies that the technology it offers is becoming obsolete.
3. Its capitalization is already very high, ETH has one of 385 Trillion dollars, which is a large sum of money, this leaves a limited journey in this bull market.
In short, we know that ETH has a lot of competition like Sol and other crypto assets, which suggests that in this alt season we won't see extremely large numbers regarding ETH's price; I think we will see ETHEREUM's ATH around $4700, but that is my opinion and we know that the market can surprise us.
