The fall of Ethereum

[kz06]

not only ethereum, this is the mid of this year so thats why market shows -tive on every single coin. might be it is waiting for some big bulls put money in it for bullish run like last year hope for the good and be calm do not panic.

[Deulealis]

I think the reason for the fact that Bitcoin has fallen in price and the prices for all Altcoins have fallen as a consequence, now there is a very strong dependence between the prices for Bitcoin and other coins

[Baoo]

In general, it is certain that the fall of Ethereum is related for what happened to Bitcoin ( crisis ) and until now, nothing important has been achieved and  on the contrary, the situation has worsened, and unfortunately, the current  price of Ethereum in a total decline.
Furthermore, IMO it is difficult that this big drop will end soon (few days), maybe it will last for few months. So we must deal with this bad event in a good way like, investing a large amount in Ethereum, because it is expected that after some period, the market will return to the rise.

On the other hand, I think that everything is related to the decision of the whales, because they manipulate and control the entire market. Plus, I guess that when the price will decrease to less than $ 5000 and  Ethereum to $ 300, then the whales will make a big pump on the market, and after that Bitcoin will rise in a fast way and it will reach to more then 12K and Ethereum to $ 1200 or more.  

[disconnectme]

There is no specific reason for this, it is just following the normal market trend, alot of people are pulling out of most of these tokens and not just Ethereum, it is the top coins in the space, the trend will change when we actually bottom out, but no one seems to know when that will be

[Open4lies]

The fall in Ethereum prices is due to the huge impact of the stock market, which has caused the exchange rate of the entire market to decline rapidly in recent times. It is normal for the exchange rate of Ethereum to fall. You should hold and wait until the moment the exchange rate rebounds completely.

[Palisills]

There are a lot of competitors out right now, but ETH is most hyped.

[machine1667]

I think the ethereum follows the friction of BTC getting FUD.

[Tramle091296]

What do you think, what is the reason for the sharp drop in Ethereum?

all of us thinking the reason behind this is demand and the time. not only the etherium but also the all altoins affected with this even bitcoin. the season that currently give us a lot of profit also the reason because of of that huge increase now it makes in this month and for the next month a lot decrease on price.
Im sure Ethereum  will come back to its original price and give as a profit again.

[macchiato]

What do you think, what is the reason for the sharp drop in Ethereum?

It's not the fall of ethereum. It's just how it goes. It pumps and dumps. Last year ethereum was at all time high and people were saying "Is ethereum the new bitcoin?", "Will ethereum be the number one cryptocurrency in the future?" and many more that are in favor of ethereum. Let us understand that it will not always be that way. There will be times of dump and that is inevitable because the whole market is volatile.

[Badhuamin]

who knows what causes Ethereum prices to drop so quickly not only ethhereum but all coins have a considerable decrease, whether this will continue to decline.

[cr1st0f]

I think etherium fall  that time because of dump of Eos, but in future etherium still will be strong, because eos is still too green to become etherium killer.

[orarider]

What do you think, what is the reason for the sharp drop in Ethereum?

Electronic market is trending downward. ETH too! I think the reason ETH is down is due to the psychology of the player. Once they stop buying, the daily trading will decrease rapidly.

[ABDUL86]

Yes this time all coins are now down because of many reasons and news but don't panic if you have ETH then hold it if not then it's a good time to invest in ETH or other coin.

[avrona]

probably because many countries are issuing regulations regarding the prohibition of using cryptocurrency to transact in the country and the result of negative news about cryptocurrency that emerged recently.

[SlimShadyMmp]

Hype and all the shitcoin or token that are in billions now those keep coming almost everyday new er20 token

[Pejoh Asu]

There are a lot of competitors out right now, but ETH is most hyped.

Ethereum will continue to be a popular coin because it is used for transaction fees of hundreds of tokens, I'm sure that fall ETH is just a temporary phenomenon as the market soon improves and users never hesitate with the future of ETH.

[Sephire]

It is not just Ethereum  but the whole crypto sector including bitcoin is down in this long correction. Ethereum is still a very popular top coin.

[apityeh71]

All crypto hasbeen fall at the sametimes, one of the reason is the price already overbought and too many bad news at the same periode.  High volatility of crypto is very high since they created,  and the price very sensitif with news related crypto. In my opinion bearish trend should be finish in this month and will change to bullish.

[Adreman23]

When bitcoin fall, expect ethereum and other altcoins will follow. The price of all altcoins depends on price of bitcoin. The downfall reason compose of bad news and fuds against cryptocurrency. The best time to do now is just hold and search a good altcoin to invest.

[batang_bitcoin]

It is not just Ethereum  but the whole crypto sector including bitcoin is down in this long correction. Ethereum is still a very popular top coin.

Bitcoin is the most popular crypto and although eth is also a top and popular coin.

Bitcoin is the predictor of all the coins in the market.

When bitcoin fall, expect ethereum and other altcoins will follow.

Agreed.