Ethereum’s $6,000 Dream: Is it Over?

Ethereum’s ambitious $6,000 price target seems to be fading in the rearview mirror as Bitcoin’s dominance in the 2024 bull run continues and investor sentiment shifts. While ETH has seen some gains this year, it hasn’t managed to break through the resistance levels needed to reach that lofty goal.

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What does this mean for the future of ETH? Are there other factors at play besides Bitcoin’s lead? We’ll delve into the reasons behind the fading $6,000 price target and explore what the future holds for Ethereum.