Why ETH and BTC markets are down strongly ?

[9tails]

I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

I think the price of bitcoin and altcoins will rise in the end of the year like last year the bitcoin and ethereum is suddenly rise in the month of december.

[Potala]

I think that not only because of the impact of the ETF, the current decline has far exceeded the impact of the ETF on the market, and the ETF should not have caused such a large decline.I think there are other reasons.

[SongtsenGampo]

This month's decline is so large that it has exceeded the decline in September last year. The winter of cryptocurrency seems to have arrived. I have not seen any signs of a bull market this year.

[masterrex]

I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

Not just this two giants mostly all Crypto-Currencies are down and slump. But the good news is the Bitcoin is showing some resistance on $6000 dollars level while Ethereum is the worst performing out of two I think? and if my prediction is right Ethereum will reach $230 dollars in the coming days if there is NO positive news coming in dumping will continue and its not good for Ethereum.

[refreshka]

The darkest time before dawn. We are all waiting for the market to go up and no one will tell you exactly now. there are too many reasons why everything is so now. but I believe that by September something will change and the market will be more stable in its growth than in the fall down.

[samsung001sss]

I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

Ethereum fell strongly due to the fact that it was sold about 100 000 ETH by three large ICO companies, Of course they deny this fact, then we know how to check the smart contract. Now specifically lower the price of Ethereum, which would then buy it for$250

[ZwodderLucas]

More like it's awesome and will continue to be at $2k or even less it's a wild speculative investment, most of the get rich quickers that brought us to 20k may be gone and there's nothing wrong accepting that given its current use cases a lower price might be more accurate to reflect it's value and that there's nothing wrong with selling and adjusting your exposure in an obvious bear market.

[SeNeor]

I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

I think the reason why the price are down strongly is because of price manipulation by the big whales and the fact that investors are selling their coin rather than holding thereby reducing the demand for the coin.

[Adreman23]

I think some are doing short trade in btc and it is cause of dump because some weak hands are also selling. But dont worry  because i smell bull run in a few days or weeks we just be patient and hold strong remember at the end of the dark tunnel there is a light.