The market seems to be consilidating and everything is relatively quiet, with Bitcoin practically ranging, Ethereum is also ranging and there seems to be quiet movement in the market and it seems that things are seemingly not the way they are supposed to in the market at the market.
Sometimes I wonder truly the essence of the bull season and bear season if it's just the idealogy of some because it seems the market just generally goes up and down even in the seemingly bull season years, we still experience best market, like when we hear of bull season we might wonder if there is a period of sustainable and consistent rise in prices but as we have often seen is not always that way.
The cryptocurrency market is one which is volatile as a new asset class but just like other traditional asset it seems to have a period where it's doing well and not so well, Ethereum for Instance I feel have seen much better days infact I believe that the previous bull run is looking so far to be seemingly better for Ethereum than this bull run.
Ofcourse I might ve wrong though but from previous bull run after Bitcoin made all time eth took just a month to make it's all time high, but this time around Bitcoin broke through previous bull market all time high and two months later Ethereum is still not able to do so and is seemingly still lagging behind making me wonder if the presence of other popular altcoins is making Ethereum lose some of it's seemingly value and the way it's viewed, it seems they are dragging the traction once given to Ethereum.
It remains to be seen what will happen though, I mean I might be wrong and this might just be the most memorable one for Ethereum yet, and we might see a $20k by the end of the year, ofcourse this is an audacious prediction, fingers crossed.