'No Purpose to Purchase Bitcoin': Ether Supporters Celebrating ATH – U.Immediately

Yesterday, on Aug. 22, 2025, Ethereum (ETH), the second-largest cryptocurrency, lastly hit an ATH over $4,885 on main spot exchanges. The Ethereum (ETH) group in CT is mocking its opponents and guessing the potential targets of ETH’s value rally.

Ethereum (ETH) value hits ATH, group celebrates

With Ethereum (ETH) smashing by its 2021 excessive, there is no motive to purchase Bitcoin (BTC) any longer. Ethereum (ETH) is on the similar time extra decentralized and represents a greater retailer of worth, long-term ETH proponent Anthony Sassano says on X.

Based on him, cryptocurrency group members ought to both settle for it now or when Ethereum (ETH) lastly flips Bitcoin (BTC).

In the meantime, the ETH/BTC ratio surged from 0.017 to 0.041 in simply 4 months. Ethereum (ETH) outperformed Bitcoin (BTC) by greater than 2.5x since.

Mocking Ethereum (ETH) bears is one other scorching subject on X immediately. With $468 million in liquidated brief positions, yesterday’s session was essentially the most brutal for Ethereum (ETH) bears in weeks.

After peaking on Aug. 20, Ethereum (ETH) unstaking queue began clearing. The interval of unstaking dropped under 15 days for the primary time in weeks. Usually, that is additionally a sign of rising curiosity in Ethereum.

Ethereum’s (ETH) subsequent step: Value discovery forward?

Ethereum (ETH) supporters are certain that after revisiting the earlier ATH, Ether is about to start out a value discovery interval.

Fundstrat’s Tom Lee, one of many vocal Ethereum (ETH) proponents on this cycle, is certain that Ethereum (ETH) has all possibilities to surpass Bitcoin (BTC) by market cap.

As lined by U.Immediately earlier immediately, Raoul Pal, a seasoned economist and investor, expects the altcoin season to peak by mid-2026.

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The closest Ethereum (ETH) value goal for bulls is $5,000. As of printing time, Ethereum (ETH) is altering arms at $4,710.