Ether is a runaway bull.
Full disclosure, I have been in on it since $20.
Like I said in an earlier post, if you're waiting for a correction, don't expect a large one and don't expect the dip to last long.
I've seen Ether hit $40, $80, $95, $180, $200, $300 and what it does is that each time there's a dip, it's a minor one and then it consolidates at a price level that is lower than the current all time high but still higher than the previous all time high. And often times, the discount isn't even that great to begin with. The last major dip was from $220 down to $120. It hit $220, consolidated for a while at $200, then fell to $150 and went as low as $120 for like an hour before recovering.
It's also seems to be an inevitability across the crypto space that most people think it will pass Bitcoin in market cap.
For that to happen, the price of Ether needs to rise to $530 or the price of Bitcoin needs to fall to $1980. I don't see the latter happening so at the very least, I think sub $400 ether prices is actually still a bargain.
