Another trap for ETH?

[Altero]

IMHO this is one of the last traps before we again will see 300-400 for eth.

Really Vit83? Is ethereum going back within that price range? I miss ethereum at $1,000 USD each. Maybe right after the ethereum upgrade the price will get a slight boost. So I guess now is the best time to buy ETH and that it's not a trap but a sign.

Every time is a trap if we don't understand the market and not even taking an account for every change it made.
We are currently moving forward and it is sad that many were still doubts of it and consider this as another set of trap. We just leave those people in doubts, in fact they'll never have the control of our decisions. 

Everyone have it's choice and we can't drag them to be a part of crypto space, if they'll never want then we can't do anything with them.  
Our market making a move and not just ONLY ETH but the entire entire market and definitely they are wrong that this is another trap made by investors.

[Aragorn_125]

There’s a great pump with ETH this week, but I think its not a strong pump that it will go dump again after having a short pump so don’t be too excited. The price of $200 will hit again by ETH but it will go through dumps also before that. So what’s your thoughts about the recent pump?

The fate of Ethereum lies after the hard fork, I for one expect price correction after the hard fork, it may pump for one or two days but it will correct itself. Some people claim that the recent rally is triggered by Ethereum price rally, so if this is the case what would then happen after the hard fork because all the price movement is in anticipation of the coming hard fork

hard-fork will clearly accelerate the price growth in the first days, and if there are no problems with it, then at a longer distance the price will continue to grow, but still need to prepare for problems, and therefore to rollback the price

[tabas]

We are having a good day now, ETH's looking great after a long wait and it was good to reached out $150 lines. There's more for ETH and the rest of the good coins in the market of course mainly lead by bitcoin. More of this and I'm starting to doubt that this is a trap.

[South Park]

there are so many traders who have capital that do a lot of crime like that, they manipulate prices in exchange so as to make prices go up and the trend starts up so that surely there will be those who follow the flow, after they feel enough to profit it will knock down the price and immediately a dump occurs.

Whales cannot do that, that is a mistake and people should stop spreading such information, whales can move the price that is true but they cannot start trends, if they tried to do that and no one followed them then the only thing they would have achieved is to buy coins high and sell them for a low price and no investor wants that, what they can do is to amplify existing trends, that way if it seems that the market is already trending then they could make the trend stronger.

[AjithBtc]

All that happening with ethereum needs to be taken with a positive mind. With ethereum several predictions have come in the past, but it outlawed everything reaching around $1500. This time as we've already reached a peak value it makes people think more about it. Possibly the ongoing trend will overcome and reach the peak at the earliest.

[AngellSky]

All that happening with ethereum needs to be taken with a positive mind. With ethereum several predictions have come in the past, but it outlawed everything reaching around $1500. This time as we've already reached a peak value it makes people think more about it. Possibly the ongoing trend will overcome and reach the peak at the earliest.

In any case, today, each user of cryptocurrency expects the ethereum update results, as well as block chain scaling. Of course, these changes should also have a positive effect on the attractiveness of investment finance. Nevertheless, the entire cryptocurrency market will not be able to respond only to positive changes in ethereum.

[cryptomaster420]

All that happening with ethereum needs to be taken with a positive mind. With ethereum several predictions have come in the past, but it outlawed everything reaching around $1500. This time as we've already reached a peak value it makes people think more about it. Possibly the ongoing trend will overcome and reach the peak at the earliest.

I sure hope you're right, I missed the best timing to sell.
OP was correct about this being a trap, but I'm still long-term optimistic.
Time will tell.

[StephenJH]

All that happening with ethereum needs to be taken with a positive mind. With ethereum several predictions have come in the past, but it outlawed everything reaching around $1500. This time as we've already reached a peak value it makes people think more about it. Possibly the ongoing trend will overcome and reach the peak at the earliest.

I sure hope you're right, I missed the best timing to sell.
OP was correct about this being a trap, but I'm still long-term optimistic.
Time will tell.

Almost more than 50% of traders fall to this trap and they decided to HODL than selling cheap. Bull trap is common case on crypto markets but sooner or later bull trend will give real value of cryptocurrencies to itself. I guess 2000$ is first goal during next bull trend and price will surge upwards.

[thinkpad99]

All that happening with ethereum needs to be taken with a positive mind. With ethereum several predictions have come in the past, but it outlawed everything reaching around $1500. This time as we've already reached a peak value it makes people think more about it. Possibly the ongoing trend will overcome and reach the peak at the earliest.

I sure hope you're right, I missed the best timing to sell.
OP was correct about this being a trap, but I'm still long-term optimistic.
Time will tell.

Almost more than 50% of traders fall to this trap and they decided to HODL than selling cheap. Bull trap is common case on crypto markets but sooner or later bull trend will give real value of cryptocurrencies to itself. I guess 2000$ is first goal during next bull trend and price will surge upwards.

$2000 for ETH?! as the first goal?! huh! very optimistic! I think that Ethereum is able to reach $1000 this year, but I am afraid that for the new ATH we will have to wait until 2020.
On the way for sure we will have some bull traps, but this is part of this market from the very beginning.

[crzy]

All that happening with ethereum needs to be taken with a positive mind. With ethereum several predictions have come in the past, but it outlawed everything reaching around $1500. This time as we've already reached a peak value it makes people think more about it. Possibly the ongoing trend will overcome and reach the peak at the earliest.

I sure hope you're right, I missed the best timing to sell.
OP was correct about this being a trap, but I'm still long-term optimistic.
Time will tell.

Yeah, it was a trap but I think the price will be more high in March since the hardfork was done that time and many ETH supporters will comeback and by more. We should always be optimistic, the price will recover again so wait for that and have more patient.

[ukloon]

Rather than buying more i'm just going to hodl and wait it out. It's impossible to predict when the sharp declines are going to take place. Ethereum will pump eventually after a successful hardfork owing to a reduced block reward.

[Japinat]

Rather than buying more i'm just going to hodl and wait it out.

Still a good decision, we never know when the dump will stopped so holding is the best option as you would not risk more.
You buy if you believe that the price has already hit the floor and of course when you have enough left to spend.

It's impossible to predict when the sharp declines are going to take place. Ethereum will pump eventually after a successful hardfork owing to a reduced block reward.

By holding we can expect that it will bring profit, ETH will never be the same, the fundamentals are good so eventually the price will recover.

[Matcuda]

All that happening with ethereum needs to be taken with a positive mind. With ethereum several predictions have come in the past, but it outlawed everything reaching around $1500. This time as we've already reached a peak value it makes people think more about it. Possibly the ongoing trend will overcome and reach the peak at the earliest.

I sure hope you're right, I missed the best timing to sell.
OP was correct about this being a trap, but I'm still long-term optimistic.
Time will tell.

Yeah, it was a trap but I think the price will be more high in March since the hardfork was done that time and many ETH supporters will comeback and by more. We should always be optimistic, the price will recover again so wait for that and have more patient.

Hardfork should have a positive impact on the Ethereum, but still do not expect that the price will instantly fly up, maybe the effect will be weak or even invisible

[Rooster101]

I guess ethereum will make a short price uptrend this week bexause of its scheduled hardfork this week and expect dump after this event. Ethereium is a good project and its growth in the future is more promisung than before because of its anticipated feature upgrade next year. Bull traps is a part of price fluctuation and you need a good trading strategy to overcome this sudden price decline.

[Thanasis]

I don't consider it as trap even,it just to be the natural movement of crypto currencies,we can't expect the prices to be in continuous uptrend or down trend,it needs to be up and down in regular periods to consider it as natural movement or it might by manipulated by someone.

[puremage111]

$165 is a great resistance level there, a break of $165 would likely push it towards $190-200 level
I believe we would stay within the range of $120-$165 within this short period as consolidation and we will see where it heading next

[TheCrimsonFucker]

No because ETH is coin for this price level even with the completion of the HardFork tomorrow! But I mean on a long-term projection because in the short term any oscillation in price is understandable. This update in ETH will determine many things not only for the same as for other cryptocurrencies! Could it be officially the beginning of the PoS vs PoW dispute?

[voztata]

Well, this is not a problem for me since I am Holding my ethereum and don’t trade with it.
Even though this short pump won’t last but I believe and await a very positive one before the end of the year, I believe all my coins especially ethereum will make me smile to my bank this year and most market are already showing green light because I notice an increase in most of my HODL coin while my short trading this week has also been such a wonderful experience.

[LUCKMCFLY]

Well, we must take into account that eth has its graph very similar to Bitcoin, because this suggests that the movements will follow Bitcoin, the best, is to wait, eth has many people who are constantly moving it, owners of ICOs and projects that are emerging, it is very likely that eth is likewise consolidating a very good liquidity zone to seek new price levels.

[distr@yopmail.com]

Well, we must take into account that eth has its graph very similar to Bitcoin, because this suggests that the movements will follow Bitcoin, the best, is to wait, eth has many people who are constantly moving it, owners of ICOs and projects that are emerging, it is very likely that eth is likewise consolidating a very good liquidity zone to seek new price levels.

the association of ethereum with bitcoin may indeed occur in the market. so many people hope and look more active to pay attention to the bitcoin chart on the market. because they assume if bitcoin has the ability to rise, the altcoin will follow it.