#ETH๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

Trade now . . bullish sentimentsโคโคโคโคโคโค$ETH

๐™€๐™ฉ๐™๐™š๐™ง๐™š๐™ช๐™ข ๐™‹๐™ง๐™ž๐™˜๐™š ๐™‹๐™ง๐™š๐™™๐™ž๐™˜๐™ฉ๐™ž๐™ค๐™ฃ ๐˜ผ๐™จ ๐˜ฝ๐™ž๐™ฉ๐™˜๐™ค๐™ž๐™ฃ ๐˜ฟ๐™ค๐™ข๐™ž๐™ฃ๐™–๐™ฃ๐™˜๐™š ๐˜พ๐™ง๐™–๐™จ๐™๐™š๐™จ- ๐™„๐™จ $4,800 ๐™‰๐™š๐™ญ๐™ฉ?

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.

While this fall is definitely good for the Ethereum price, the largest altcoin needs to cross a crucial resistance level for it to confirm the possibility of a strong uptrend. This resistance lies between the prices of $3,600 and $3,900, and it has been holding for the last three years.