Hold for a little while. The price will more than likely rebound. However, I have been hearing rumors about one of the first investors dumping all of their coins at once. No on earth why the guy would do that. Supposedly he just whiped out the whole buy side of the books in one dump..
I'm not holder of ETH, also i want talk negatively or something similar, i just want to present some facts. ETH was really something new and they succeed to get a lot of media attention. Considering total number tonkens in cirkulation this price is appropriate but non sustainable becase lot of erly adopters exiting now. For them this is the end of ride, and they will seek for other projects now.. Correction will be at lower levels..
Pump No.2 is very possible, but much later after "cashing out" .
That's just pure speculation I guess, beside of that, the fact that ETH is getting hardly dumped is still there, as you said that there'll be another pump coming but people are already panic.
Some even said that it's the end of ICO bubble which recently affect the price of ETH really much that cause the network of ETH down. just matter about the time, I'll wait and see.
