ETH price, bears took control?

[mahilchii]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

[1714689186]

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[kolonel_x]

It looks like the bear market will continue to happen to him because the bullrun period has expired and we are time to enter this spooky bear market where many topped coins have experienced a severe decline within 24 hours.
But I am sure Ethereum will not go back to before it was under $ 200 and will still be above $ 200 but my hope will not disappear because in a few months we will face halving that means the market will return to growth in the near future.

[FireBallex]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

It's stupid if no one is expecting this, bull won't run forever and it's been months already, even the bullrun in 2017 stopped after few months, no condition in crypto market will ever be permanent, it's dumb to keep expecting high value

[Kupid002]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Even other top crypto experience lost today even btc drop almost 10% so what would you expect from other alt of course they will also follow what happen to bitcoin price.

I tHink the bullish market still not gonna happrn maybe in Q2.

[Furryball]

If you are a eth holder I suggest you keep holding, do not be fooled by the impatient ones who loves quick gains, Ethereum is the second best choice coin to hold, very good for long term, ignore the present market condition

[coin-investor]

You're talking like this is the first time it happens when this have been the movement for several months and it's not only Ethereum all coins are in the bearish trend, some coins are even showing bad performance in the market, so why blame Ethereum or single it out, Bitcoin suffers the same thing.

[CryptopreneurBrainboss]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Don't understand why there are so many fud spreading around when ethereum has been bearish for the last 2years. What did you guys expect after such an impressive run that took ethereum price to over $270+ from as low as $40. This downward price movement isn't affecting just ethereum so it's definitely just a market correction and nothing to be that bothered about.

We'll see more of this kind of down times over the next couple of months as more and more traders will take profit along the way. If you truely believe in the industry don't join the fudders instead take sometime off and go face other issue and you won't regret that decision.

[Thomas-s]

I am also very worried that a bear market for ETH is coming. it will be very bad for me and also for the project itself. most likely if we see another strong bear market for eth, then the entire community of the project will be disappointed and the next time they  will not invest in this coin

[BlacksmithCorporation]

It looks like the bear market will continue to happen to him because the bullrun period has expired and we are time to enter this spooky bear market where many topped coins have experienced a severe decline within 24 hours.
But I am sure Ethereum will not go back to before it was under $ 200 and will still be above $ 200 but my hope will not disappear because in a few months we will face halving that means the market will return to growth in the near future.

Dude, be optimistic, watch the chart with big time frame, the situation is not so bad. Moreover, the ETH price at the moment is almost double the ETH price at the same time in 2019 along with an important factor being bitcoin halving, I believe that the ETH Price will surpass the highest level of 2019.

[terizla]

After see this i check the price eth and chart. I think this will not happen if ETH will bears market.

[FairUser]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

The entire altcoin market is collapsing, the main reason for this collapse is that bitcoin has broken support and prices have gone too deep. Over the next few days the price of bitcoin will certainly continue to decline and $ 8200 will be the next support target for bitcoin. And until then, I think that the price of ETH and altcoins in this market will go down as well

[Leonardo7]

The market experienced some correction and ethereum wasn't spared. As I write, the price of bitcoin is still at $8,900 zone which had plummeted from $10k zone. Hopefully, we see another market rally.

[ned.ryerson]

now the price of Etehreum is beginning to recovery and I hope that by the end of the month we will again return to the level of 260-280 dollars for eth. what happened yesterday brought very large losses to many people.

[Tipstar]

If you look closely, it's not just the price of Ethereum decreasing but also almost all other coins. We could even consider it to be a correction move for Ethereum as it had increased more than many other coins like bitcoin in the last month. Ethereum's price is higher now (as compared to bitcoin) than the last time when bitcoins price was around 9K.

[cabron]

If its going down its got to go down. The market isn't always friendly to me so you would have to prepare yourself for the worse that if BTC price dips to $6k, its not as depressing as it would for someone who will expect better days ahead. WE all know BTC price correlates to the altcoins especially ETH.

[Javi_Anibarro]

Do not be fooled by this short dump, the price might be going down even further for now but the bear has not taken control yet. Have you checked the market before when Bitcoin was nearing its halving in 2016? it looked the same as we are today.
At the current market, every altcoin follows the Bitcoin trend. I highly believe we are in the bear trap.
Keep holding it, you might miss the chance if you are selling it right now. You do not need to panic because we have seen something worse than now.

[Pecunia non olet]

I am not surprised, Ethereum has shown a great growth witout any corrections, so it was only a matter of time when it happens.
Now, those who hated Ethereum are thinking of buying because probably it is the last opportunity before main updates happen.

[Muhammad Muneeb]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

It is the part of the game. bull market will never happen again it will be just pump and dump. about two weeks ago people were talking about eth to make new highs and here we are again in the bear market. bears already took the control there have been many positives happen last year and still an huge event of halving is ahead in may and there are no signs of bull market

[livingfree]

As you can see it's the whole market that's start to drop these past few days.

We might say that the bears are in control again and some will say that this is due to the corona virus outbreak. And there will be some that will say that this is with the collaboration of the dow jones and stock market crash lately.

Whatever the cause of this dump, buy the dip.

[Kiefner]

The bearish mood continues to this day, if you look at it globally. Expect the same movements as it was in 2017 is not worth it. It is not known when the coins will be able to beat their highs in value. We need to look at things more realistically.

[cytpoway121]

Its literally looks like the bears took control because it has slipped down hard after the low spike on bitcoins chart.

And this is the core volatility that happens to etherum, it needs to be able to survive for awhile even if bitcoin dips.

[oscarftw]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Bear time over long time before, now only time for correction. The whole coinmarketcap dropped 50 billions USD, we can blame only Ethereum. Top coin (Bitcoin) also dumped more than 1500-1700 USD. Bitcoin halving and Ethereum 2.0 is could be major improvement for this situation. I think instant dump is good for crypto as like now.

[chanc3r]

Its literally looks like the bears took control because it has slipped down hard after the low spike on bitcoins chart.

And this is the core volatility that happens to etherum, it needs to be able to survive for awhile even if bitcoin dips.

We must not feel doubt about that as the price of ethereum has been growing back again since yesterday. I just speculate if the crypto trend will be going to be normal again as soon as possible. Just let those people to take more time to make it happens. Bitcoin is giving enough impact to the market as it was also getting lost in the price caused by the gold.

[michellee]

We have a good time to buy ethereum at this time before the price break the higher price. But we don't know if ethereum price will have a chance to increase back or it will go down again. If we can take the risk by seeing another downtrend for ethereum, then we can buy it now with small money and wait for a while. If the price still goes down, then we can buy more ethereum, but if it's not, we can wait for more. We are still seeing the bear market at the end of this month, but we have a chance to see the bull run will come in the next month, so be patient.

[lienfaye]

Well its not surprising to see eth (actually almost all coins including btc) in this status. When there's a price increase a correction is expected because of those who take profit, selling their coins to take advantage the increase.

But we know its not unusual, thats how crypto works and correction is just temporary so dont deal with this situation as if the market wont recover anymore. There are many things to look forward like the btc halving and eth upgrade hence be optimistic.

[awik p]

Its literally looks like the bears took control because it has slipped down hard after the low spike on bitcoins chart.

And this is the core volatility that happens to etherum, it needs to be able to survive for awhile even if bitcoin dips.

We must not feel doubt about that as the price of ethereum has been growing back again since yesterday. I just speculate if the crypto trend will be going to be normal again as soon as possible. Just let those people to take more time to make it happens. Bitcoin is giving enough impact to the market as it was also getting lost in the price caused by the gold.

technically, ethereum is undergoing correction. I think the correction is over, and will continue resuming bullish, although later back down again, I think the Fibbonaci 61.8 area can be a reference to take long positions. but it also depends on the behavior of traders and investors

[Kemarit]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Nope, I don't think that the bears took control, Bitcoin has been suffering from the corona news, as others have said, so obviously it will trickle down to the altcoin market.

But look at the market today, everything is all green again, ETH didn't even broke the $200 so meaning there are huge support itself.  That's why we really don't need to panic, just sit down and wait till the market settles down and we will see a good bounce.

[Latines]

Ethereum rose very quickly like Bitcoin, so the correction that gave such a rebound is not considered something terrible. She should have happened, I was waiting for her even earlier. So at the moment, do not worry about the decline in the price of cryptocurrency. Now, if it falls another 15%, then it’s worth considering, although it will be too late to think)

[styca]

It's the whole market, not just ETH. The current price drop has absolutely nothing to do with any Ethereum news or development. It's just a big sell off. Sometimes the market gets jittery and just needs the slightest excuse to shed money. Maybe this time the excuse was coronavirus. The trigger is usually irrelevant, it's just something that provokes a small sell off that then snowballs all by itself.

[Wildwest]

Currently the red zone is happening in bitcoin so it is natural that ethereum also follow it, and now it is very difficult to happen ethereum will move up so quickly as happened in the previous year that can penetrate in the numbers Very well, maybe this is no longer the case because many current ICO projects are no longer growing and full of scamer.

[dainoran]

in my opinion for now the price of ETH is down, because BTC is down by about 10% so all altcoin prices follow BTC, but I'm still sure there will be a big increase, and we have to be patient to get big profits.

[sayam]

I thought Ethereum could easily cross the 300$ mark. But after crossing 290$ mark very easily, now we can see the continuous price fall of Ethereum. Now it looks like that Ethereum price will go down to below 200$ again. But after that I think there is no reason to be disappointed because in the next two to three months we will see a good movements in the crypto market. I firmly believe that then Ethereum price will easily hit 500$ marks.

[lionheart78]

I think what happened was just a correction.  There is some analysis that ETH had formed a head and shoulders pattern that could breakout eyes $300.  The said analysis stated that there is a possible sideway movement from eth because of the $235 resistance.

Note:

Besides the support at $230, the 61.8% Fibonacci level, taken between the last swing high of $228.22 to a swing low of $117.19 will protected the price from retesting $220 and $210 buyer congestion areas. Other key levels to watch out for are the 50-day SMA, the 50% Fibo at $200 and the primary support at $180.

Souce: https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-analysis-eth-usd-head-and-shoulders-pattern-breakout-eyes-300-202002280510

[trauchot]

Now the whole cryptocurrency market is falling very fast and there is nothing to be done, because manipulators controlling the cryptocurrency market and will control it, but we just have to wait and hope that the cryptocurrency market will start to grow again soon and Ethereum will also start to grow in price.

[Kasabus]

Now the whole cryptocurrency market is falling very fast and there is nothing to be done, because manipulators controlling the cryptocurrency market and will control it, but we just have to wait and hope that the cryptocurrency market will start to grow again soon and Ethereum will also start to grow in price.

Not just Ethereum alone, but the whole crypto coins are starting to dump their prices but i don't think we all have to worry. What is happening now is very normal for an unpredictable market that suddenly pump or dump its crypto value. The best thing to do now is just be patient in holding our coins because if we decide to sell them, we will surely lose the profits that we are expecting.

[AliMan]

Now the whole cryptocurrency market is falling very fast and there is nothing to be done, because manipulators controlling the cryptocurrency market and will control it, but we just have to wait and hope that the cryptocurrency market will start to grow again soon and Ethereum will also start to grow in price.

Not just Ethereum alone, but the whole crypto coins are starting to dump their prices but i don't think we all have to worry. What is happening now is very normal for an unpredictable market that suddenly pump or dump its crypto value. The best thing to do now is just be patient in holding our coins because if we decide to sell them, we will surely lose the profits that we are expecting.

How long can we handle pressures and frustrations behind that patience. This is taking more deep and serious right now, and I don't know when this recent situation took place on my priorities because we aren't sure if eth holders will remain strongly motivated after experiencing such downfalls. As you said, the whole crypto world has been affected then there's a perfect time to consider corrections and after that recovery moment is expected to happen.

[gensol]

 Not just Ethereum price, every token and coin took a bearish trend following the secs ruling on ETF Ethereum was hit hard as well as other tokens.

[Crypto5060]

I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.

[torrantz]

I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.

When something happened related to the big bad news and that will bring the price to go to the bottom instantly. We have seen the price of ethereum got a big drop from 1k to the only 300.
This happens when something big affected crypto and that makes so many people wanna cashing out their money.

[Rosilito]

I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.

Neither bitcoin is however it stays quite long at $9k to almost $10k and it did even hit $10k then drops. As I see ethereum price has been likely influenced by bitcoin, IMO. Besides if we were to look on a bigger picture here it might be that people are to expect that it won't reach $300 as it going sideways little by little that's why they took the opportunity to withdraw their money back since it just got risen by beyond $200 upto almost $300 by a span of one week, so people who buy below $200 took their opportunity at eth decent price so when it drops, continuously people would tend to withdraw back as well that will lead to continues pull down of price.

[BitTraderCute]

I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.

When something happened related to the big bad news and that will bring the price to go to the bottom instantly. We have seen the price of ethereum got a big drop from 1k to the only 300.
This happens when something big affected crypto and that makes so many people wanna cashing out their money.

this crash caused by many reason, since 2017 till now on there are many bad news that suffer cryptocurrency market. almost all cryptocurrency price drop till 90% from highest price ever. something bad really happen now in market, and we need trigger that able make investors start buying again with huge amount. and now price cheap enough if we want accumulate our crypto amount, especially ethereum which is drop more than $70 only in few days.

[TheUltraElite]

ETH has dropped 10% within 24 hours,

Means someone sold their bag of ETH.

ETH is in real danger as it may turn bearish at this time.

Turning bearish and real danger are not the same. Danger would mean something like their blockchain getting hacked or attacked. Bearish is a term used to denote the market trend. Both are different meanings. I still dont understand how much of a fool you need to be in order to confuse the two terms.

We can clearly see the bullish movement is slowly fading and this is also the lowest point.

Does it matter? Up and down are the ways of the market to go. Does not really mean anything to the project's development.

After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Let them do so. Again, does it matter? Quick way to buy some ETH at low price if you wish to stock some up though.

You all need to know market psychology and indicators in a better manner.

[pawanjain]

Why blame ETH alone when the bearish trend has decreased all the altcoins price ?
ETH has been doing well these days. There is no reason for it to drop in price other than the bearish market itself makes it submerge.
I believe it is a temporary decrease in price and the crypto market would bounce back and increase in price soon.

[NewRanger]

all major coins drop alot in few days ago.its happen not only to ethereum, even bitcoin price drop alot too. we should not take one coins as an example, market condition representated by all major coins condition. so if ethereum drop it doesnt mean market in bearish trend now. but if we said for ethreum trend it possible. so far i am considered it as good opportunity to buy again and add my eth amount.

[YuginKadoya]

all major coins drop alot in few days ago.its happen not only to ethereum, even bitcoin price drop alot too. we should not take one coins as an example, market condition representated by all major coins condition. so if ethereum drop it doesnt mean market in bearish trend now. but if we said for ethreum trend it possible. so far i am considered it as good opportunity to buy again and add my eth amount.

It all falls down to corrections, I guess this is a good thing and all coins needed it because in the past few increasing movements of the market of crypto and the way it went to $10,000 USD it will always crumble down to correction and a well-known trader could take the risk in converting his coins to USD when the sudden increase happen and convert it back again when the price came down again at $8000 USD,

But ETH apparently are just taking the waves of a sudden movement of Bitcoin when the price increase so does ETH and vice versa, but the price of Ethereum, in my opinion, had recovers 8% and we could not ignore that Bearish market is still intact with the resistance and Ethereum is facing hurdles to the $238 USD and $240 USD level but there is still possible that it will decrease its price again.

[TheClownSong]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Another drop in ethereum or altcoin prices to the US Dollar follows the decline in the price of Bitcoin. I think ethereum prices can still stand up to Bitcoin and this price reduction is happening to all altcoins. Moment Bitcoin Halving can be a catalyst for altcoin or ethreum to rise in price

[Mighty_crypt]

Ethereum investors shouldn't expect anything big from ETH till the Proof of sake feature get launched because right now it shows that Ethereum can't do shit alone without his big brother (Bitcoin), it's down to 234 and it looks like that is just the beginning

[Juggy777]

I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.

When something happened related to the big bad news and that will bring the price to go to the bottom instantly. We have seen the price of ethereum got a big drop from 1k to the only 300.
This happens when something big affected crypto and that makes so many people wanna cashing out their money.

this crash caused by many reason, since 2017 till now on there are many bad news that suffer cryptocurrency market. almost all cryptocurrency price drop till 90% from highest price ever. something bad really happen now in market, and we need trigger that able make investors start buying again with huge amount. and now price cheap enough if we want accumulate our crypto amount, especially ethereum which is drop more than $70 only in few days.

@Crypto5060 Ethereum prices are tanking because they follow bitcoin prices, and we all know that bitcoin prices took a hit because of the Coronavirus issue. However I’m not worried as this fall is only temporary, so I would advise you not to indulge in panic sales and simply hold on to your crypto’s for the long term.

Sources:

https://cointelegraph.com/news/truth-about-crypto-price-correlation-how-closely-does-eth-follow-btc

https://www.coindesk.com/coronavirus-is-changing-how-crypto-markets-are-trading

[ReiMomo]

Ethereum investors shouldn't expect anything big from ETH till the Proof of sake feature get launched because right now it shows that Ethereum can't do shit alone without his big brother (Bitcoin), it's down to 234 and it looks like that is just the beginning

Because all altcoins including Ethereum was swinging its price upon the movement of Bitcoin. Maybe the potential of earning here from Ethereum was relying upon the price of Bitcoin. There are different barriers now Bitcoin has been facing and also have an effect on the economic crisis. Boosting Bitcoin price will also boost Ethereum price.

[Jancuki]

I am used to seeing this situation. in my opinion this is not too scary when compared to last year. But lately, I have always benefited when trading ETH, you need to know, I have started making stock again to prepare to trade. Hopefully for this trade we can also get it again.

[Kupid002]

I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.

When something happened related to the big bad news and that will bring the price to go to the bottom instantly. We have seen the price of ethereum got a big drop from 1k to the only 300.
This happens when something big affected crypto and that makes so many people wanna cashing out their money.

this crash caused by many reason, since 2017 till now on there are many bad news that suffer cryptocurrency market. almost all cryptocurrency price drop till 90% from highest price ever. something bad really happen now in market, and we need trigger that able make investors start buying again with huge amount. and now price cheap enough if we want accumulate our crypto amount, especially ethereum which is drop more than $70 only in few days.

Its not right time to buy even stock market is now affected with corona and i think this is also the reason why crypto market decline in this week.
When every market back to normal and have stable price thats the only thing it will be a good to buy. So wait a little more longer until the issue about corona solve.

[pragna]

Think COVIN-19 affected ETH market  . Really this is very unexpected i think. Every one was waiting for atleast $500 at this moment ETH price but this does not happen. I could not actually understand why its happening??. This is why crypto market is so volatile.

[pixie85]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

For me a single sell off is never an indication of the coin being bearish just like a single spike up is not an indication of it being bullish.

Calm down. The trend is only reflecting the move Bitcoin did and Bitcoin is reflecting other markets. S&P500 took a hit 2 dfays before Bitcoin.

[hwteeer]

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[witbla]

I am pretty impressed with what GET protocol is bringing, cause this is basically about new standards on the market. I attend lots of music festivals, which is why I was excited when I discovered GET Protocol. It seems like a really cool solution with a lot of adoption and promising future. I wanted to share some info about them and ask for your opinion. GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. The GET token is used and burned whenever a ticket is sold using the protocol. So far, it looks like already 300.000 tickets have been sold. Most recently the team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And I definitely recommend you to have a closer look at guys website, cause there is much more to add

[hirngespenst]

Ethereum is not doing well, all of their pumps was for Bitcoin pumps as I assume. Ethereum is the king of the altcoins, so, they should keep developing the ecosystem continuously, not just depends on Bitcoin's movements! I don't know why they are being late to launch the ETH 2.0 upgrade where it is needed badly right now. We are not in bear nor in the bull zone, so anything can happen! I wish Ethereum would turn back and start growing again.

[TheUltraElite]

I am used to seeing this situation. in my opinion this is not too scary when compared to last year. But lately, I have always benefited when trading ETH, you need to know, I have started making stock again to prepare to trade. Hopefully for this trade we can also get it again.

If you are getting scared while buying or selling crypto then you will be half defeated already. The trick to not to get scared. Some shills will either promote or sabotage the images of different assets. But you have to make sure your points are strong and that you are willing to hold it for some time before selling or buying more. If you have that mentality you will not lose money due to panic selling, cant say about other things though.

While ETH may be dropping BTC is the first which stated to fall. This is likely the correction for the 10k touching a week or more back. No directly attributable to any pathogen (fear initiates panic). Because humans tend to quickly draw connections without having proof, such will be the theme of the social medias.

[Questat]

The bear is still here as long as bitcoin stays unstable, we were excited to witness the way bitcoin moves early this year, but it was not able to sustain the run and now we are struggling to again reach $10,000, I can always include bitcoin in my analysis as I fully believe without bitcoin being bullish first, we can't expect a bull run on ETH as well.

[thiscomm]

yes, the development being carried out has a big effect on the growth of ETH prices. because it may often occur when the server is busy transactions so that users do not want to use ETH again. this has an effect on the decline in the volume of ETH transactions and the prices go down. but I am sure ETH will not be too long Bears for 2020. when Ethereum 2.0 has been launched the price will improve again.

[Ridwan Fauzi]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

At least if you hold ETH in a few month before you will still benefited although you still hold it on your wallet.

It is the same with me, I have bought ETH when it was $100 actually in last year and I'm still getting profit if I sell it.

But seems like I will never take a decision to sell them, I will keep them in my wallet until the end of this year.

As for your concern, I think the improvement from ETH hasn't been felt by many people it may take several times and we can see its price will go up again.

[Psynthax]

yes, the development being carried out has a big effect on the growth of ETH prices. because it may often occur when the server is busy transactions so that users do not want to use ETH again. this has an effect on the decline in the volume of ETH transactions and the prices go down. but I am sure ETH will not be too long Bears for 2020. when Ethereum 2.0 has been launched the price will improve again.

It's never happening again. Im not even seeing it right now and all of the transactions were running on ethereum blockchain never get clogged again. In my opinion, if this is a correction that can't be considered as a bear trend again. Ethereum is doing good right now and it's still running on the right way. People are still in the big demand for using ethereum. We are still waiting for the trend to turn over again into the bullish trend.

[Google+]

yes, the development being carried out has a big effect on the growth of ETH prices. because it may often occur when the server is busy transactions so that users do not want to use ETH again. this has an effect on the decline in the volume of ETH transactions and the prices go down. but I am sure ETH will not be too long Bears for 2020. when Ethereum 2.0 has been launched the price will improve again.

It's never happening again. Im not even seeing it right now and all of the transactions were running on ethereum blockchain never get clogged again. In my opinion, if this is a correction that can't be considered as a bear trend again. Ethereum is doing good right now and it's still running on the right way. People are still in the big demand for using ethereum. We are still waiting for the trend to turn over again into the bullish trend.

ethereum 2.0 can indeed influence traders today and trigger investors to return to ethereum but some time ago I heard that this development was delayed because there is a process that has not been permitted, hopefully ethereum 2.0 can provide good value and can be like what expected by everyone who supports ethereum.

[isaac_clarke22]

It is just almost a global correction to the price of the coins and we shouldn't be surprised of that. Bitcoin did the same thing also like it was at 12k, but it dived down to 7k then made a rebounce.
I am aware that ETH 2.0 is upcoming, and it could probably bring back those people that gave up and cashed it all out causing a possible increase in price, but that is merely my ownn speculation right now. We're not yet in the middle of the bear, and actually we might see another bull run soon.

[vvu351]

It is just almost a global correction to the price of the coins and we shouldn't be surprised of that. Bitcoin did the same thing also like it was at 12k, but it dived down to 7k then made a rebounce.
I am aware that ETH 2.0 is upcoming, and it could probably bring back those people that gave up and cashed it all out causing a possible increase in price, but that is merely my ownn speculation right now. We're not yet in the middle of the bear, and actually we might see another bull run soon.

You're right, the price of Ethereum depends only on the general trend of the cryptocurrency market. Ethereum cannot go up in price without other coins.

[aemma]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Yes you are right but not totally right, how? Not only ETH is affected in this case, even Bitcoin was affected other good coins were also affected, so i see it as a thing associated with bear market, which is, when it sets in, hardly is any coin spared. Also, the Ethereum blockchain is already solid and it's a matter of time for more solid improvements to take place. Furthermore, being the numbers 2 in the crypto market shows the team is doing something right.

[elisabetheva]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Yes you are right but not totally right, how? Not only ETH is affected in this case, even Bitcoin was affected other good coins were also affected, so i see it as a thing associated with bear market, which is, when it sets in, hardly is any coin spared. Also, the Ethereum blockchain is already solid and it's a matter of time for more solid improvements to take place. Furthermore, being the numbers 2 in the crypto market shows the team is doing something right.

at that time there may have been a decline, but judging from the beginning of this March, ethereum had actually increased at a rate of 10%, although it finally fell at 4.9%. this week all the coins that were in the best position, all experienced an increase even though not much so did significant as well so are bitcoin.
hopefully in the next week it will stay afloat it might move up again.

[TheUltraElite]

Yes you are right but not totally right, how? Not only ETH is affected in this case, even Bitcoin was affected other good coins were also affected, so i see it as a thing associated with bear market, which is, when it sets in, hardly is any coin spared.

It is because bitcoin is the major source of money for buying and selling the altcoins. Entry of fiat is limited here and thus this association.

Furthermore, being the numbers 2 in the crypto market shows the team is doing something right.

This is a flawed opinion. The one you are seeing as number 2 or number 1 or whatever is because of the market price and volume. They are not an indicator of the usefulness or development of the coin.

Whether one coin will be worth buying in the future is questionable if there is a sudden increase in price as well. Though for ethereum maybe a mid term sell would be a good option. So for that this is a good time to buy and keep in stock. Same goes with bitcoin.

[ife2020]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Perhaps you were right afterall because bears later took control of the price of all crypto currency tokens, and only few percentages of token has taken a massive improvements in price.

The positives to take note from this bear run is the increase in volume of crypto currency, which shows that more  funds got into crypto currency.
Always dyor because the dip might be over or just beginning

[Sanitough]

The manipulation controls it, but if this stays low, we might see the bears controlling it soon.
It was so fast, the market did really start well but now everything is wasted and bitcoin is dump below $5000, and our hope is gone.

Actually, we should be watching bitcoin more as ETH will just follow the reaction of bitcoin, and now it seems bitcoin is bearish as well.

[Golftech]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Perhaps you were right afterall because bears later took control of the price of all crypto currency tokens, and only few percentages of token has taken a massive improvements in price.

The positives to take note from this bear run is the increase in volume of crypto currency, which shows that more  funds got into crypto currency.
Always dyor because the dip might be over or just beginning

Don't forget to do your own research the market is moving unpredictably if you will be careless you'll be losing more than you think you can afford. Be mindful in all those market movements not just single coin but most of the projects are also experiencing downfalls the bear is all around and those who are not willing to take the risk are cashing out now making more pressure and for bear to take charge.

[Lexurdania]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

In my opinion the ethereum price decline is due to the price of bitcoin falling to $ 5,000. If the price of Bitcoin rises again above $ 10k, I think the ethereum price will go up because the ethereum price againts Bitcoin still stable

[safem]

The ETH market is seriously going through a bearish moment which is actually of great concern to many crypto enthusiasts.The reason for that nobody knows but we have got to have a positive attitude that it won't last long.The crypto investors should take advantage of this bearish period to immensely invest into valuable coins and expect the moment of great turn around in the crypto world.We need to stay focused and determined. Nothing should cause us to loose our confidence in the rewards that are assured from crypto. I know that this bearish moment of ETH will soon pass and everyone will smile.

[bearexin]

Bears took control of everything in the world right now, there is no more bulls left anywhere. However, right now we are doing alright, prices found bottom and moving up from there, so I guess bears did what they said they will and now moved out, time for bulls to come back any day now. I think we will see ethereum going over 150 very very soon, 200 a bit later but again soon.

This drop can't continue forever, we will eventually find a new top but I know it will take some time and meanwhile people are upset about the losses, just try to be patient and we will eventually profit, I know it is hard to wait around while this corona thing stuck all of us in our houses and we want to do something but if we wait around I am sure we will do a lot better in the future.

[kindbtc]

Bears are definitely in control but it will not be here for long and market will sooner or later recover, in these times of uncertainities i would suggest everyone not to panic and stay calm just do not go to gatherings and public places try to stay at home and order your everyday use products online.

[pacman7331]

Bears are definitely in control but it will not be here for long and market will sooner or later recover, in these times of uncertainities i would suggest everyone not to panic and stay calm just do not go to gatherings and public places try to stay at home and order your everyday use products online.

Yes, bears in control of the crypto market and bear run are happening because of the coronavirus! Because of the bear run, not just Ethereum, rather the whole crypto industry facing a very hard time! But you are right, the bear run will be over very soon when the coronavirus gets over! Today, 793 people died in Italy, means we can see another massive dump in crypto, so, right now it's not a suitable time to trade, rather quarantine would be better!

[Teawhalee]

It's a pity for anyone who is trading or Investing into crypto without having enough patience . It usually result in losses cos you will be tired when you see your money drop low. It's not only about ETH , the market is not stable now so anything could happen either deep or moon just be prepared for it.

[ololajulo]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

In my opinion the ethereum price decline is due to the price of bitcoin falling to $ 5,000. If the price of Bitcoin rises again above $ 10k, I think the ethereum price will go up because the ethereum price againts Bitcoin still stable

It is more to the panic sell of ethereum to Hodl fiat, before bitcoin dump, ethereum seem to be favorite for purchase and trade as result of the btc value pump in the beginning of the year and some other attractive development that can protect the value of ethereum. More new holders of cryptocurremcy in less that 2 years had been stated to be more involved in the dump. We hope we have found new bottom

[TheUltraElite]

Bears are definitely in control but it will not be here for long and market will sooner or later recover, in these times of uncertainities i would suggest everyone not to panic and stay calm just do not go to gatherings and public places try to stay at home and order your everyday use products online.

Or maybe just that people sold their coins and are dont have anything to buy with now. This condition is seen during crisis periods where people sell investments for cash for buying essential stuff and then dont buy back the stocks they sold. Same happened here. Since majority of the countries with big economies have been affected by the virus, hence this scenario.

Nothing to panic from your side though. If you have cash at hand buy some of the coins if you wish for a quick flip. But you would not be getting any quick flips because a slight hint of green will lead to some more selling.

[Destroyeroff98]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

It seems to me that someone bitcoin artificially collapsed. I don’t know about Ethereum ...

[Sanitough]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

It seems to me that someone bitcoin artificially collapsed. I don’t know about Ethereum ...

If you believe that bitcoin has been manipulated, then you should also believe that it could happen to ETH.
Remember that ETH do follow the movement of bitcoin since bitcoin has been controlling the market per its dominant rate, so the answer is very easy.

Bears taking control now, but it does not mean it will be hear forever as the market situation could change in an instant, that's how unpredictable market is compared to the stocks.

[thisnewcoin]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

It seems to me that someone bitcoin artificially collapsed. I don’t know about Ethereum ...

If you believe that bitcoin has been manipulated, then you should also believe that it could happen to ETH.
Remember that ETH do follow the movement of bitcoin since bitcoin has been controlling the market per its dominant rate, so the answer is very easy.

Bears taking control now, but it does not mean it will be hear forever as the market situation could change in an instant, that's how unpredictable market is compared to the stocks.

You are right. Ethereum always follows the Bitcoin movement, jot just ETH, rather the whole crypto market! Right now, the market is crashing because of the coronavirus. People are selling more than buying, so, I don't think this is for the manipulation! I hope the way Bitcoin price dumped recently, in the same way, the price will increase again!

[ampere]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

I wouldn't say bears took over, if you notice the price charts, you will realize that there has been dumps and pumps between hours and days.
And it happens to bitcoin too, because yesterday, bitcoin went to 5800+ only to go over 6000+ without informing anyone lol.

The bearish market i think is not related to any news or development.

[travwill]

In my opinion the ethereum price decline is due to the price of bitcoin falling to $ 5,000. If the price of Bitcoin rises again above $ 10k, I think the ethereum price will go up because the ethereum price againts Bitcoin still stable

Obviously, in this case, all other coins will grow. Local rise and fall of coins is possible only with stabilization of the movement of bitcoin, which we have not seen for a very long time.
All that happens is the movement of bitcoin up and down, the rest of the market follows it like a messenger.

[asriloni]

In my opinion the ethereum price decline is due to the price of bitcoin falling to $ 5,000. If the price of Bitcoin rises again above $ 10k, I think the ethereum price will go up because the ethereum price againts Bitcoin still stable

Obviously, in this case, all other coins will grow. Local rise and fall of coins is possible only with stabilization of the movement of bitcoin, which we have not seen for a very long time.
All that happens is the movement of bitcoin up and down, the rest of the market follows it like a messenger.

That speculation must applied for last weeks but not for this time as the price of bitcoin is still getting jumped back again. I think that we will not see another huge dump like that again. People have already thrown a lot of their bitcoin. The volatility is also getting stuck at 6k - 7k range and it's difficult to pass this level consider the resistance is really strong. Ethereum is also following it too.

[flagpara]

ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Bear took control when Coronavirus effect will gone bull take control, right!. Nothing takes control, price only do up and down for Total coinmarketcap value. When you can only Ethereum price dump after dump without moving any altcoins. My point is all top coin especially Bitcoin price only shows bear or bull.

[FanEagle]

I guess this is just the beginning of the start for ethereum. We all have been waiting for a huge increase because there will be both bitcoin halving which we all assumed would increase the price of bitcoin and if the pair price of btc/eth doesn't change the increase of bitcoins price would equal to ethereum price going up as well.

However now that it is significantly lower, almost half of what it was just a month ago, we could basically say that price will go up a ton more after the hard fork as well from this point. Think about it, without corona it was 250 or so, with halving that could be 350-400, and with hard fork it might be over 500, that is definitely a lot better than we assumed it could ever be. Hopefully that won't take to long and we will get there before we die from the virus .

[coinfinger]

The reason behind the fall in Ethereum earlier March is the same reason that led to the fall of Bitcoin and other cryptocurrencies. The cryptocurrency market lost over $50 billion dollars as of the time this happened. According to some analysts, the first thing that led to the decrease in the price of cryptocurrency market is OPEC's failure agreeing to a supply cut. Ethereum is one of the altcoins that correlates with Bitcoin and when there is a situation that affects Bitcoin, it also shows in Ethereum in some ways .

There was this PlusToken scam and it affected Bitcoin seriously, leading to a fall in the price of Bitcoin, so I believe this fall also affected other assets. They never mentioned Coronavirus, but I think that was part of it, because it affected almost every market if not all.

[shadowdio]

Don't worry just keep hold, the ethereum price will bounce back if this pandemic ended. While ethereum price is cheap why don't we buy more and hold for long term. Not all the time bear market you know, I believe there will be bullish market after this pandemic.

[Crypto_lion]

As far as the whole trading and market is concerned it's always about supply and demand. Markets will always go up and down and it will be bears and bulls in cycles all the time. Although the current downward spiral is something out of the ordinary and it is due to macro economic factors .it will get better.