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Poll
Question: Will ETH break out 2k USD this month?
Yes - 18 (69.2%)
No - 8 (30.8%)
Total Voters: 26

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Author Topic: ETH Sentiment Poll for August  (Read 628 times)
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August 08, 2022, 12:40:35 PM
Last edit: September 07, 2022, 08:18:41 PM by tokeweed
Merited by nutildah (3)
 #1

Just a simple poll to get a feeler on what this part of the forum thinks of ETH and the altcoin market right now.  I would've asked for 2.5k but I guess breaking out 2k has as much psychological effect as 2.5k.

Anyway, how do you guys feel about the market right now?  Getting bullish?  And in a good way?  There are times when you have to worry when everybody starts getting bullish.  I feel like this is not that.  But dunno...  I want to know what you guys think.


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August 08, 2022, 06:55:01 PM
 #2

I do agree that it is not going to be something that is hard to reach, 2k is right there now and if we go like 10-20% higher than we are going to reach 2k, but at the same time I think it will probably not be something that would be hard to miss neither, we are nearly there and that means we may also miss it.

As a person who usually thinks we are going up at all times, even when going down, I know it is weird to say that it won't be going above 2k, but that is just how I feel. It will eventually be 2k and then 3k and 4k and 5k and even 10k, but until that we are not going to really end up with anything special for the august month, it will be later on for sure.

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August 08, 2022, 08:38:25 PM
 #3

More than 20 days left for the month. Right now ethereum is trading at $1700+, more $300 to the price can happen anytime. I've been positive on this based on today's price movement of bitcoin. Everytime the price of bitcoin increase, the same can be found with altcoins. The price of bitcoin that went above $24k have come down and moving around $23900. This looks like stability gain, and soon the price could start moving and reach $25k. Maybe by that time ethereum can be seen above $2k.

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August 08, 2022, 09:56:16 PM
 #4

I’m not being pessimistic here but I think it can’t happen with ETH alone, we need Bitcoin to pump the market and probably altcoins will follow. Though looking at the chart right now, it’s good to have that white candles waiting for a breakout, I’m not in position right now and I’m just waiting for other confirmations before buying, ETH can still reach that price when the recover of the market begins.
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August 08, 2022, 09:58:21 PM
 #5

Sorry I haven't voted yet, I'm still looking at how BTC will move at least at the end of the month. We all know that everything even ETH price is somewhat correlated to BTC.

So if BTC entered and break the biggest barrier of $25k-$28k (currently we have a upsurge to $24k), then maybe at the end of the month we will see ETH breaking $2000 as well. Although I do agree that it is not hard to reach that price, still there could be some factors from BTC that will help investors to invest more again, not just for ETH but the rest of good and solid altcoins.

 
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August 09, 2022, 06:06:51 AM
 #6

if this to happen then we will be also breaking another 90day High? as it is only 400 dollars away from 2k .

i believe that this can possibly happen but of course none can completely assure this.

While the price is valuing from 1.5 - 1.8k? there is no doubt that it can jump at 2k back again.


of course let Bitcoin cross 25-30k first before this to happen.

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August 09, 2022, 06:09:12 PM
 #7

I'm still more think to bearish.

My expectation price is to follow "BTC Price" first, need to hit target -80%+ counting from the all-time high. So, In there has some chance we can hit or break under 15,000$ gonna to enter at that price.

My research is simple, just based history price rally of BTC and then waiting next halving bitcoin for the next rally.

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August 09, 2022, 11:17:27 PM
 #8

I'm still bullish for Ethereum for this month especially when Ethereum broke the $1,800.
Plus the upcoming updates of Ethereum 2.0 which is fundamentally bullish for me.
Another thing we should also need to watch is Bitcoin which these days Ethereum really correlates to Bitcoin.
$1,500 strong support for Ethereum and now the $2,000 level is the resistance which I am positive that Ethereum will test that during this month.

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August 10, 2022, 05:15:43 AM
 #9

I am not Bearish for Ethereum but i am also not Bullish , maybe the price will remain in this level the whole August because there is no even good indication that value will fly high , even Ethereum 2.0 is still not in coming so what would be the reason for this to take 2k again?
not unless Bitcoin increase its value , ETH will remain in this level like what we have now.

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August 10, 2022, 09:41:48 AM
 #10

Many aren't going to like my prediction but I wish that Ethereum can go down to 700$ before the merge happens, I can't be holding usdt without taking better advantage like this, if history repeats itself all this bullish trend will end up taking the bow for BEARS soon.
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August 10, 2022, 01:01:09 PM
 #11

It's not easy for ETH to hit $2k again even though ETH is just less than $300 again to become $2k at current prices. No one knows when ETH will be able to get back to $2k again, but I feel that it could be reached later this month if the bitcoin price can go higher than the current price. Maybe if the price of bitcoin returns to $25k this month, it will influence the price of ETH to increase again, raising the price to $2k again. Maybe the price can go to $ 2k temporarily because there is a pump from the whale but I don't know.

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August 10, 2022, 02:21:00 PM
 #12

Sorry I haven't voted yet, I'm still looking at how BTC will move at least at the end of the month. We all know that everything even ETH price is somewhat correlated to BTC.

So if BTC entered and break the biggest barrier of $25k-$28k (currently we have a upsurge to $24k), then maybe at the end of the month we will see ETH breaking $2000 as well. Although I do agree that it is not hard to reach that price, still there could be some factors from BTC that will help investors to invest more again, not just for ETH but the rest of good and solid altcoins.

There's no right or wrong answer here.  And it's not about getting it right.  The poll is more like to know how you guys feel about the market for the month of August...  Your sentiment.  So yeah, just have fun with it.

Anyway I'm really surprised most of you don't think 2k is possible for ETH this month.  I guess this is the part when everybody doesn't trust the price action yet?  Kinda like when it was all at all time high and didn't think the trend down was coming.  Lol.

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August 10, 2022, 03:59:13 PM
 #13

whether with the war season occurring in several countries China, Taiwan, Russia, Ukraine can catalyze the price of bitcoin and ethereum even higher. I think the situation that happened could worsen with the price of crypto, yes maybe for the increase that will occur you are expecting this. I doubt this pump is just another trap with yesterday's timing
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August 10, 2022, 08:08:18 PM
 #14

The market is getting better, we are near to reach the price of $2k so I think it can really reach this Month of August. If the US market continues to be better, we can expect the full recovery of cryptomarket as well. Hoping that most of the altcoins can follow the recovery trend since as we can see right now, only good coins are doing the best trend for this Month. Lucky to those who buy at a cheaper price, profit is with them already.
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August 10, 2022, 08:35:23 PM
 #15

Just a simple poll to get a feeler on what this part of the forum thinks of ETH and the altcoin market right now.  I would've asked for 2.5k but I guess breaking out 2k has as much psychological effect as 2.5k.

Anyway, how do you guys feel about the market right now?  Getting bullish?  And in a good way?  There are times when you have to worry when everybody starts getting bullish.  I feel like this is not that.  But dunno...  I want to know what you guys think.
Yes, the market is getting a little bullish right now but why ask if it's in a good way? I think all bullish are good as it's the season where people can make a nice profit. Maybe you mean this is only a trap? I think not anymore but I have a strong feeling that this current one is now real because we are now getting close to the ber months and the year is going to end soon so there must be some improvements.

I don't worry when everybody starts to feel bullish but I am happy about it because people are too positive. They will now buy more for one last minute and then they they will hodl tight until the full bull is achieved but it's okay if you're not one of them.

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August 10, 2022, 09:11:45 PM
 #16

The market is getting better, we are near to reach the price of $2k so I think it can really reach this Month of August. If the US market continues to be better, we can expect the full recovery of cryptomarket as well. Hoping that most of the altcoins can follow the recovery trend since as we can see right now, only good coins are doing the best trend for this Month. Lucky to those who buy at a cheaper price, profit is with them already.
Far from recovery but at least a good sign of life, ETH can still go further and that $2k can easily be hit when the market becomes more stable. What’s the good news here is that, many countries are slowly recovering from a recession, though it may still take some time but at least we are on that way. If you are able to buy ETH, know when to sell and don’t be greedy because the market is still volatile and the price can still drop.

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August 11, 2022, 08:35:16 AM
 #17

Ethereum is very close to breaking the $2000 barrier, the price is now at $1880, Ethereum may succeed in breaking the price, but I don't think that it will last long, the general situation of the market is highly volatile and there is not enough liquidity to make the coins maintain their positions, anyway August was good for Bitcoin, Ethereum and the market in general. Hopefully the market will keep improving.


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August 11, 2022, 02:42:40 PM
 #18

Sorry I haven't voted yet, I'm still looking at how BTC will move at least at the end of the month. We all know that everything even ETH price is somewhat correlated to BTC.

So if BTC entered and break the biggest barrier of $25k-$28k (currently we have a upsurge to $24k), then maybe at the end of the month we will see ETH breaking $2000 as well. Although I do agree that it is not hard to reach that price, still there could be some factors from BTC that will help investors to invest more again, not just for ETH but the rest of good and solid altcoins.

There's no right or wrong answer here.  And it's not about getting it right.  The poll is more like to know how you guys feel about the market for the month of August...  Your sentiment.  So yeah, just have fun with it.

Anyway I'm really surprised most of you don't think 2k is possible for ETH this month.  I guess this is the part when everybody doesn't trust the price action yet?  Kinda like when it was all at all time high and didn't think the trend down was coming.  Lol.

Ok, change my mind and voted "Yes", it seems that we are somewhat in a crypto bullish phase, specially Ethereum, it has broken the $1900 barrier now, and bitcoin almost on the threshold on breaking $25k, and even if that barrier is not broken, it will get weaken by the hour and obviously, just a matter of time before it can be breached.

I guess those who voted are kinda early though, prior to the current surge and not sure about the effect of the POS merge. And that that we have the CPI news and it seems not that bad and way below the expected numbers, it seems it has affected the bullish mentality now.

 
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August 11, 2022, 03:38:03 PM
 #19

Well it’s definitely going to do one of three things. It will perhaps just dick around more or less where it is now. But be careful, it may also totally tank a few hundred pounds. There is a chance though, that it will continue its rally and increase in value by a couple of hundred.
But it will be one of those three, trust me mate.

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August 12, 2022, 08:08:09 AM
 #20

Sorry I haven't voted yet, I'm still looking at how BTC will move at least at the end of the month. We all know that everything even ETH price is somewhat correlated to BTC.

So if BTC entered and break the biggest barrier of $25k-$28k (currently we have a upsurge to $24k), then maybe at the end of the month we will see ETH breaking $2000 as well. Although I do agree that it is not hard to reach that price, still there could be some factors from BTC that will help investors to invest more again, not just for ETH but the rest of good and solid altcoins.
There's no right or wrong answer here.  And it's not about getting it right.  The poll is more like to know how you guys feel about the market for the month of August...  Your sentiment.  So yeah, just have fun with it.

Anyway I'm really surprised most of you don't think 2k is possible for ETH this month.  I guess this is the part when everybody doesn't trust the price action yet?  Kinda like when it was all at all time high and didn't think the trend down was coming.  Lol.
There "is" a right or wrong answer here if you would like to actually do what you said you believe in. I mean if you think it will break over 2k and be a good price, then end up buying it as well that means there is a right answer, and if you think it will be over 2k but it fails to, and you lose money then that was a wrong answer. So, people should realize that this is just a poll and nobody should make any investments based on a poll.

I think that in the long run it will break it, maybe this month, maybe not, but it will be over 2k and even be over 10k eventually and that is something I invest accordingly, doesn't mean I would suggest anyone else to do it just because I am doing it.
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