Ethereum Tanking, will the market recover or has the bubble burst?

[ivy_project]

What do you guys think about the entire marketing tanking? What would cause Ethereum to drop by almost 50% in a week while Bitcoin is pretty stable?
Any thoughts on the altcoin market correcting itself with all the scam coins going down the drain?

[Ikingpain]

I think that this is some kind of machination from whales or someone else. I can not say with certainty that this is so, but everything looks suspicious. In any case, I'm sure that everything will be fine, soon.

[auliahr]

no one knows for sure the cause of ethereum's decline. what I'm worried about now, can ethereum recover and exceed the price of ATH?

[tterrorpipa]

It is still the aftershock effect of the bitcoin ETF news that the other coins and altcoins are still suffering from the bleeding price. Bitcoin also suffered but most of the coins suffered more compared to bitcoin. The bleeding is still not over, hopefully in september the market will be stable.