Why is the market so sluggish?

[enenmom]

I was panicked for the first time. The entire market is declining. ETH will reach 350 US dollars?
The first few days of the market made me panic. I dare not use funds. Is the bubble really coming? Or other reasons affect market prices? Does anyone know why this is?

[passwordnow]

I was panicked for the first time. The entire market is declining. ETH will reach 350 US dollars?
The first few days of the market made me panic. I dare not use funds.

ETH is $437 right now how are you panicking if that price was months ago? are you sure that you are looking at its price?

How long have you been investing to ethereum?

Is the bubble really coming?

No.

Or other reasons affect market prices?

Yes. Manipulation and panic sellers. 

Does anyone know why this is?

Only chosen people.

[Enochian]

We have two exits as usually.  Crypto industry is bubble and we wait when it booom. Or crypto industry is a fantastic and we wait which island we can buy. You can choose any option. But I'd like second

[richshopgh]

Why panic when it is clear the market is  been driven  by whales who come in to drive prices to the level that interest them. I will urge you to continue to hold your ether or other cryptocurrencies and wait till some few months, things will turn to normal.

[waiki]

Because many people sell bitcoin and altcoins in large quantities, so for stock altcoins still a lot. And the more hackers who break down a giant company like NASA, from news I read NASA successfully hacked and hackers mission it to get 1 million bitcoin for the auction.

[2stout]

A combination of market manipulation by big money and whales, weak hands, too many scam/pump and dump coins, and FUD.

[ArjCrypto]

Definately market manipulation and now no new money dares to come in. Only long term holders are probably averaging down.

[tweetbit]

I was panicked for the first time. The entire market is declining. ETH will reach 350 US dollars?
The first few days of the market made me panic. I dare not use funds. Is the bubble really coming? Or other reasons affect market prices? Does anyone know why this is?

Then good, why? We need to passed this panicking situation on our own for us to be called a crypto users. The entire market are in many instances have declined since its beginning then what’s the difference. Then your good again not using any funds now and that is also called HODLing and most users does that in this days. Normal reasons like demands is low and supply are high. No worries.

[adroitful_one]

I was panicked for the first time. The entire market is declining. ETH will reach 350 US dollars?
The first few days of the market made me panic. I dare not use funds. Is the bubble really coming? Or other reasons affect market prices? Does anyone know why this is?

This has been happening since Bitcoin has come out. If you go back and look, Bitcoin hit almost $1300 and then dropped all the way back down to almost $220 before finally climbing back up and then hit almost $20k. So, It's pretty much typical. A little bit of manipulation is the cause.

[_CryptoBrain]

Now no one knows the exact reasons, but perhaps this is due to the fact that it is summer and many people are resting on their dachas or fly to different countries.

[tomahawk9]

The massive btc dumps seem to have stop for now, but at the same time there's no buying pressure meaning we don't have any upward movements, because of this we're now in some some sort of 'sluggish/boring phase' where nothing's happening in the market, just minor fluctuations here and there.

ETH will reach 350 US dollars?

maybe, maybe not.

[Klovezio]

I was panicked for the first time. The entire market is declining. ETH will reach 350 US dollars?
The first few days of the market made me panic. I dare not use funds. Is the bubble really coming? Or other reasons affect market prices? Does anyone know why this is?

i think if BTC keeps bleeding, ETH will really go down to $350. But so far, ETH maintains its price well. At least keeps $400, although BTC is $6000.

[mahoni2100]

The market is really stopping and the people are worried about these times. Nobody makes moves to revive the market. The pregnancies that have to be done are late. I hope to have a breakthrough in a short time.

[Johnyz]

A combination of market manipulation by big money and whales, weak hands, too many scam/pump and dump coins, and FUD.

Indeed, and result is dumping market. Its ok to panic, but don't make any decision without analysing the market. This will not last forever and a bull market will be created again by the whales so small investors will come in. Sad to see the market situation right now, better not to look at it evert single minute.

[skylar]

I think that volatiles chart are make some of us start to confuse. Like or not this is how the decentralised market are work, we cant control the price or something. No one know ETH will reach 350 or can rise up to 1000, but I hope that this years the price will be litle bit more stable than before. For me it is just like the effect of huge pump last year, the price are make dip correction.

[BloodKnight]

Yes, the market is very sluggish. A lot of money is not in the cryptocurrency. I think Bitcoin will continue to decline.

[Glory90]

I was panicked for the first time. The entire market is declining. ETH will reach 350 US dollars?
The first few days of the market made me panic. I dare not use funds. Is the bubble really coming? Or other reasons affect market prices? Does anyone know why this is?

panic is a natural thing for investors who first experienced adverse conditions in the market, we can only predict about the price and I think there is a possibility for ETH price drops to $ 350 but that possibility is low for me, maybe bubbles broke this time but I think it will come,  and it will be bigger than previous bubbles, FUD is the main reason for the fall in prices in recent months, I can only suggest you keep calm and Hodl

[Matcuda]

I was panicked for the first time. The entire market is declining. ETH will reach 350 US dollars?
The first few days of the market made me panic. I dare not use funds. Is the bubble really coming? Or other reasons affect market prices? Does anyone know why this is?

Now most people panic, they all lose and do not know how it will end. Yes the price of the air is about 400 dollars, but  it is acceptable to continue to keep their investments, and the meaning is to go out with a mass loss.

[Renskin]

If you have weak nerves you do not need to go every day and check the market. The summer period over the past few years is constantly showing a collapse. But it's not just the holiday season. According to some experts, the price of bitcoin and the market as a whole is very strongly tied to bitcoin futures. Whales for a long time without profit will not sit - waiting for another crash and after takeoff. We fix the profit and leave before the new takeoff. So follow the dynamics and make the right conclusions.

[Golftech]

I was panicked for the first time. The entire market is declining. ETH will reach 350 US dollars?
The first few days of the market made me panic. I dare not use funds. Is the bubble really coming? Or other reasons affect market prices? Does anyone know why this is?

Maybe if there's a whale who can admit that he's doing this manipulation we can answer this last question of yours, but since we don't have any idea maybe the only thing that we can do right now is assess and speculate if the trend will continue to fall or it will bounce back again, currently ETH is losing some more value 417$ almost nearing to what you expect, two things can be done, keep buying or stay away, this time it's between real investors and the risk takers to decide whether to keep chasing or stop for a while.