A few days ago, I had the opportunity to tell you about the good performances of the ETH during this year (article). I thought that the ETH would certainly still surprise us. Obviously, it fat faster than I had imagined.
Over the past few days, ETH has steadily passed the 400 dollar mark. It seems that we are in a staircase configuration. Every good news on ETH 2.0 immediately generates an increase in ETH prices.
Attention however. More than 92% of the positions on ETH are in profit. This means that many in need can cash in their profit immediately. This would create a downward price movement. However, the majority of ETH investors do not sell, which means that confidence in Ethereum is very high!
What will happen in the future? As I have said in previous analyses, the price of the ETH will be mainly influenced by the news of the advances of testnet 2.0. It is very likely that with every good news, ETH will rise again and again. However, this news will have to be all positive.