@ponponwei I think Ethereum’s fundamentals certainly support the possibility. Transaction fees have been 2-6x higher than Bitcoins for a month or two now. Transaction fees are an important metric because that translates into blockchain security as miners payouts increase creating greater mining demand. Wallet growth has been great. Search engine searches have increased dramatically. Overall it has the feeling of the beginning of a new multi-year bull run.
With ETH up about 4x since March I wouldn’t be surprised to see a larger pullback or even a period of sideways consolidation but if the fundamental growth continues I think the long term outlook of ETH will be very bright. Potentially much higher than $600 in the long term.