ETH price, bears took control?

[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.

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[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.