ETH Sentiment Poll for October

[South Park]

In my opinion, in October, Ethereum will not dump too deep,
it can even be said to be sideways because Ethereum will be in the price range of $1000 to $1300 this month,
so I think Ethereum is still in the sideways zone, but of course if $1000 breakdown,
it's better to cut lose first because it has the potential to dump up to $500.

More sideways movement seems like the most accurate prediction we can make, people were disappointed with the lack of action the merge brought and this is what caused the crash that we saw in the price of ethereum after the merge, but now that finally all of those speculators sold their holdings I think not much action is going to present itself during the month of October, and it is even possible this will be true as well for the rest of the year as well.

[lalabotax]

October will end in 15 days, usually there will be a significant chart change in the middle to the end of the month, the price could rise slightly to $1400.

We already passed the middle of October, but the price tends to decrease more. I am pessimistic that we can see the price to $1400, looks like the market trends to trigger ETH price to $1000 at the end of this month. The price of around $1400 may be achieved in the next month, but we need good news to achieve it again. Sadly, the biggest issue lately is the possibility of a recession, it is not a good sign for ETH price. I suspect the price of ETH will be hard to achieve $1400 in the near future.

[GreatArkansas]

(......)
 I mean is there really more down side after everything?  :/  I used to think yes.  But somehow I'm slowly not convinced anymore.

For me, it's all in hands of Bitcoin right now. With this kind of market, most of everything are correlate with Bitcoin especially the other top market cap altcoins like Ethereum.
At first, I thought the post The Merge event will really affect Ethereum but nothing happens, it was only hype at beginning and dump after the big event happened on Ethereum.

[TelolettOm]

For me, it's all in hands of Bitcoin right now. With this kind of market, most of everything are correlate with Bitcoin especially the other top market cap altcoins like Ethereum.
At first, I thought the post The Merge event will really affect Ethereum but nothing happens, it was only hype at beginning and dump after the big event happened on Ethereum.

Agree. It depends on the Bitcoin trend. If Bitcoin continues to drop its price, ETH seems to follow it. Just check the patterns of Bitcoin and Ethereum price charts, they are almost the same.



Source: https://www.coingecko.com/

As long as Bitcoin is decreasing its price, I see no chance that Ethereum will rise its price. Except if there is big news or event again, it may bring an impact although the impact may be not so significant.

[Reatim]

October will end in 15 days, usually there will be a significant chart change in the middle to the end of the month, the price could rise slightly to $1400.

We already passed the middle of October, but the price tends to decrease more. I am pessimistic that we can see the price to $1400, looks like the market trends to trigger ETH price to $1000 at the end of this month. The price of around $1400 may be achieved in the next month, but we need good news to achieve it again. Sadly, the biggest issue lately is the possibility of a recession, it is not a good sign for ETH price. I suspect the price of ETH will be hard to achieve $1400 in the near future.

actually the recession is not only bad for Ethereum but the whole market mate, from Crypto to real estate, from stocks to all investment areas because this will take effect in all aspects .


When even the merge brings bad movement so what more the end of this month and even the following?

Lets see if December will bring different way for ETH .

[tokeweed]

Locking the poll now as it would be pointless to still have with just 5 days left in the month.  Not that it matters...  There's just 9 of you who voted.  That hardly tells anything about what the real sentiment for the ETH market is.  There were 5 out of 9 who thought it going down tho.

So I'm thinking the sentiment next month will be so positive but in the last couple weeks of the month, it all goes tumbling down once again  :/

[indo1]

Ethereum is just finished with its merging lately for sure its price still has to adjust to the new ethereum system I think they will be more down than the current one. but with this coin there is nothing to be afraid of. as the second best coin in the world ethereum remains strongly afloat.

[monineklutak]

Ethereum is just finished with its merging lately for sure its price still has to adjust to the new ethereum system I think they will be more down than the current one. but with this coin there is nothing to be afraid of. as the second best coin in the world ethereum remains strongly afloat.

I also think so because after all Ethereum is the top altcoin which there is no doubt about it,
for now, it has not seen a significant impact after the merger and to be honest I'm not worried about it,
Ethereum will still have a promising future