#ETH

Trade now . . . bull Run coming ❤❤❤❤❤$ETH

𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝙋𝙧𝙞𝙘𝙚 𝙋𝙧𝙚𝙙𝙞𝙘𝙩𝙞𝙤𝙣 𝘼𝙨 𝘽𝙞𝙩𝙘𝙤𝙞𝙣 𝘿𝙤𝙢𝙞𝙣𝙖𝙣𝙘𝙚 𝘾𝙧𝙖𝙨𝙝𝙚𝙨- 𝙄𝙨 $4,800 𝙉𝙚𝙭𝙩?

Ethereum (ETH) has performed better than Bitcoin (BTC) in the last week with a 21% price increase. These gains have matched with the beginning of an altcoin season that has led to the market share of Bitcoin dropping to notable lows in the last seven days. Due to these factors, there are sparking talks about whether the Ethereum price might be on the way to a rally to an all-time high of $4,800.

The share of Bitcoin in the total $4 trillion crypto market cap has dropped in recent days as altcoins fill the gap, with investors rushing to invest in other coins that are well-positioned to deliver returns. The share of its market cap has dropped to 61%, marking its lowest level since March, as it records fewer gains.

The performance in the previous years shows that Ethereum usually steps up to fill this gap when the metric is dropping, and this is already being seen, considering that the ETH price is up by 21% in one week while BTC is up by only 0.6% within the same period.

This drop has also caused a surge in talks about the beginning of an altcoin season, considering that the index has risen to 41 to indicate that investors are moving their funds from Bitcoin to other crypto assets. This also supports the bullish narrative for an Ethereum price prediction.

When investor sentiment towards altcoins is more bullish than the sentiment towards BTC, the ETH price will likely continue the surge, with investors shifting to this altcoin with hopes that it will target new highs.

If ETH can cross above, the next target for the price is $4,800, and it could reclaim its previous all-time high. Moreover, despite the rise in recent weeks, the RSI has yet to reach overbought levels above 70, further confirming the possibility of another rally to the upside.