eth might go a little up but if manipulators dont pump btc's price then eth price will crash faster than it will have gone up to, so exercise caution here, bear market is very close now, soon eth will crash below 400 usd again and btc below 10k. Anyway, I still think manipulators will rise this a little up to get that fools money and then crash very hard, expect a 95-99% crash on most altcoins from top.
I think if it does crash then it'll need to go up first before that happens. This situation is not like 2018 where we kept touching $6K and went up. Back then we had positive funding and everybody assumed that BTC would be over $10K in no-time, everybody was bullish. Now its different. Funding is either flat or negative and there are way too many bears out there. I think people are assuming that $6K is the new $30K and they expect it to break and everybody wants to buy at $20K.
Since this is the most likely scenario, I don't think it will happen. A more realstic situation is BTC breaking the $42K and heading into $50K's and people getting Laser eyes again and everybody calling for $100K bitcoin and funding being positive, that's when we might top. Not right now.
I think this is just a summer slowdown like in July 2013. We will see what happens.
