Will ETH hit new ATH?
ETH peaked in terms of BTC in 2017. I don't think it will ever get back to it's BTC ATH. It is a bit weird it hasnt seen its ATH again despite BTC being back there for so long.
It will probably make a new fiat ATH, but I'm not even certain of that. Too many "ETH-killers" out there these days. Look at Solana, it's even more permissioned and less reliable than ETH, so it will probably do better than ETH. Most of the cool fidget spinners in the future will probably be done on other chains. I think crypto markets are so far removed from being priced on fundamentals, its still at a point where anything can collapse or rally on any random bit of news. Reality and logic still aren't a factor in crypto valuation as far as I can tell. Most probably end of June or July will be interesting for BTC pairs, if Fed pivots.
As per ben BTC pairs has room for 40% more to dip. I am waiting for BTC without stables to get to 60% to add significant move from BTC to alts.Since I don’t have any fiat in hand.
Starting June to maximum September timeframe is just BTC to alt accumulation period I think.