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Author Topic: A new bull market Chance for the Ethereum EIP_1559?  (Read 181 times)
yasj
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August 10, 2021, 12:46:38 AM
 #21

This upgrade is really interesting but I don't see a bull run. It's still BTC on which everything depends.

Ethereum is about to crossed $3,000 now, so I see a bull run already because of the recent upgrade. And I do think that if wer each $3,000 it can still grow more because of the current positive sentiments.

Bitcoin has broken the $40,000 barrier as well but it might take some time to see it getting to the next which is $50,000.

But we are all good now, I'm sure majority is very happy to see a mini bull run because of the Ethereum EIP_1159.

Yeah, a daily closing above 200 MA really looks bullish atm. I now see 50K too but I won't long from a position like this. I really like being a bear provided the regulatory issue crypto market is currently going through.
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August 10, 2021, 12:58:04 AM
 #22

This upgrade is really interesting but I don't see a bull run. It's still BTC on which everything depends.

Ethereum is about to crossed $3,000 now, so I see a bull run already because of the recent upgrade. And I do think that if wer each $3,000 it can still grow more because of the current positive sentiments.

Bitcoin has broken the $40,000 barrier as well but it might take some time to see it getting to the next which is $50,000.

But we are all good now, I'm sure majority is very happy to see a mini bull run because of the Ethereum EIP_1159.

With Ethereum managed to rise to a price above $3000 of course a bull run has occurred, it's all true because there is an influence from the increase
in the price of Bitcoin which managed to rise above $45k. But the increase in Ethereum is also due to other factors, I really believe that the Ethereum
price increase is influenced by Ethereum EIP_1559. Actually whatever the reason is not important, because with the increase in the price of Ethereum
to the price of $ 3000, this opens the opportunity for Ethereum to continue to rise until it reaches the ATH price again. So for Ethereum holders,
please be patient, and don't be in a hurry to sell the Ethereum we have today.

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