Ethereum eyes new all-time high after bears unable to sink ETH below $900

Cointelegraph

Published Jan 14, 2021 11:00AM ET

Updated Jan 14, 2021 12:40PM ET

Bitcoin’s (BTC) price saw a significant 28% correction during the week from $41,000 to $30,000. At the same time, Ether (ETH) also saw a drop of 32%. The recent high for ETH/USD was $1,350 — or about $70 shy of the all-time high — while the recent low was seen at $910.

January has seen heavy volatility in the crypto markets. The sentiment has been flipping from euphoria to depression and back again. However, the market is still in a bull market even if another correction occurs.

ETH/USD 1-week chart. Source: TradingView
ETH/USD 1-day chart. Source: TradingView
ETH/USD 4-hour chart. Source: TradingView
ETH/BTC 3-day chart. Source: TradingView

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