ETH to $3500? But what about BTC dominance?

[mich]

Well now Ethereum is price of $3719. We must remember that all time high for it is $4878 so we still do have some more gains to go.
But Bitcoin can have dominance and Ethereum can also make gains. This week Bitcoin was down more then 2 percent and Ethereum was up 23 percent. I do think when Bitcoin does start to make more gains we will see price of Ethereum follow that.
https://news.bitcoin.com/eth-tsunami-incoming-firms-quietly-amass-mountains-of-ethereum/

[Dunamisx]

Ethereum performance or not cannot be a hindrance to Bitcoin dominance, bitcoin has gone far beyond all these, ethereum may be creeping for long and still indicating for intending abilities to rise at the course of time, but we can't be comparing the two on each other, as ethereum performance has nothing to do in affecting bitcoin dominance, this is not how it goes if we look more further beyond just what others may be saying.

[Akbarkoe]

Ethereum performance or not cannot be a hindrance to Bitcoin dominance, bitcoin has gone far beyond all these, ethereum may be creeping for long and still indicating for intending abilities to rise at the course of time, but we can't be comparing the two on each other, as ethereum performance has nothing to do in affecting bitcoin dominance, this is not how it goes if we look more further beyond just what others may be saying.

But in the long term, Ethereum will follow BTC. When BTC rises, it will also rise, just like other altcoins. However, today's question about Ethereum really confuses me. It's not growing and seems to lack any power. It could be said that its people have completely split and migrated to other projects, so Ethereum, once considered a blue chip in the crypto market, has lost its community.

With ETH, we know about altseasons, but currently there's no such altseason, especially if ETH can reach $10,000. That hope is over, with unlimited coin creation.

[Odusko]

Ethereum is trying to push higher, with some calling for a move to $3500. But Bitcoin dominance remains above 60% and shows no signs of dropping.
Even ETH.BTC looks weak- altcoins just can't gain momentum, not even in relative terms.

Is there any real reason to focus on altcoins right now while BTC still controls the market?
Or will ETH just keep following BTC lead without any independent strength?

Holding altcoins is basically for the quick profits returns that comes from altcoins and for that investor are willing to risks they money on those coins, but the risk with altcoins is massive and for that we must agree that investing in Bitcoin is the most stable less risky investment ever, altcoins most expecially Ethereum have unpredictable market actions.

[Popkon6]

Ethereum is trying to push higher, with some calling for a move to $3500. But Bitcoin dominance remains above 60% and shows no signs of dropping.
Even ETH.BTC looks weak- altcoins just can't gain momentum, not even in relative terms.

Is there any real reason to focus on altcoins right now while BTC still controls the market?
Or will ETH just keep following BTC lead without any independent strength?

Let Bitcoin move at its own pace, so I would say that the price of Ethereum coin increases slightly due to the increase in the price of Bitcoin, but it may be a small amount. However, the price of Ethereum coin has become very valuable at the moment, very close to $ 4,000, so I think it is better to sell Ethereum coin at the moment.
Those who sell Ethereum at the moment will basically be able to gain some benefit, if you have Ethereum coin, then you can definitely sell it, the price of Bitcoin has been on an upward trend for a long time, so Bitcoin investment is the best investment.

[mich]

Well now Ethereum price is getting closer to price of $4000 it is now $3927. We did see some big gains this week up more then 3 percent and Bitcoin only up less then 1 percent in this week.
There is alot of companies that is buying Ethereum in this week. Fidelity did buy 57,918.68 Ethereum worth $210.1 Million.
And now Sharplink did buy another 77,210 Ethereum worth $295 Million. It now does have 438,000 Ethereum worth more then $1.69 Billion.
https://cointelegraph.com/news/sharplink-buys-295m-eth-more-than-ether-issued-in-the-last-month

[doomloop]

Ethereum performance or not cannot be a hindrance to Bitcoin dominance, bitcoin has gone far beyond all these, ethereum may be creeping for long and still indicating for intending abilities to rise at the course of time, but we can't be comparing the two on each other, as ethereum performance has nothing to do in affecting bitcoin dominance, this is not how it goes if we look more further beyond just what others may be saying.

I think dominance can be defined in two ways and that is one is the base price of a coin and the other is if where is the current demand is going or the trend. We can say these days that it can be on Ethereum because of its recent price hike and it happened while BTC is still stable or in a low phase. Now, it is up to the user if they can see this as alarming depending on their definition of dominance. For the both of us, we define dominance in the base price, so this is only nothing for us. It will prolly take ages for the ETH to reach the current BTC price and BTC won't just sit and watch but it will definitely be at $500k value already once ETH gets on its past rate.

[LOVER BOY 422]

All this is just patient if you have actually invested in ETH just hope things gets better because not everything you see on the news platforms you will follow, follow what you see in the flow chat ,I think follow chats is absolutely the best follow.

[wiss19]

All this is just patient if you have actually invested in ETH just hope things gets better because not everything you see on the news platforms you will follow, follow what you see in the flow chat ,I think follow chats is absolutely the best follow.

Yeah, moreover trend is not really important to dominance. It may be trend to buy some shitcoin at that day, but that doesn't mean we are going to do a fine job, it's just what it is and we shouldn't be looking at this like it's a good idea. The dominance of a project is only based on marketcap and how big it is, we should only be looking at that.

If we look at ETH, it's dominant in altcoin world because it's the second biggest one, and even though some others like SOL could get trendy for a moment, it's no longer big as we have seen. However, while SOL and TON and what not grew and became trend and then went away, ETH kept it's second place no matter what happened which shows that it's dominant over those projects and will stay there.