If you look at the graphs, there is a very clear peak now. Everyone is full of good vibes and belief, but don't know what they are investing in (ETH). It's a hype and this bubble will bust. If I had to put a date on it I'd say within a week / two weeks. People don't want to miss the boat and are herding, these are the same people which will panic once it drops 20%.
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I fully agree with your assessment. I guess 2400 is a fair value buy however not cheaper by any means. Its gonna be stuck at 2500 for a long time i guess.
Yeah, I was trying to buy at 2100 yesterday, but coinbase had a major outage so I couldn't buy until it was back up at 2300 again. I'm not sure if it's going to be stuck at 2500 for a long time. I think we'll see another drop to 2300 in the next few days. Will be buying some at that point I think.