The price of Ethereum could reach $ 10,000 in 2021

According to veteran trader Scott Melker, Ethereum's "tremendous upside potential" could overshadow bitcoin, and Ethereum would perform better than bitcoin, at least in the short term.

Malker sees this period of Bitcoin price stabilization as the second cryptocurrency to reach new heights recently. Melker considers Ethereum's bullish potential to be a major factor in the recent bullish market.

He also revealed that over the past few months he has changed his medium-sized investment strategy from Bitcoin to Ether to take advantage of Atrium's "tremendous uptrend".

"It's like investing in the Internet for me in the early 1990s," Malker said. Ethereum could reach $ 10,000 by the end of 2021, Malker said.