is it now when ethereum is down?

[lienfaye]

Take a look at bitcoin, the price is declining.

Its expected for altcoins to follow the movement of bitcoin, so its not surprising to see the value of eth to go down.

But dont worry the price will recover soon. For now take advantage the dip and buy additional coins.

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[judaspriest]

today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?

Don't worry, I'm sure Ethereum will return to $ 400 once the Bitcoin price is able to stay above $ 10000 again,
only time will tell, and of course you also have to have the worst risk if the Bitcoin price dumps again,
don't regret what you did. 

[lenovop-70]

Its start bounce back after touch support range on $290, Ethereum was down because BTC dump last week, it is impact to ETH price instantly, no need to worry, expert said he will touch $400 easily, and i am agree with expert said.
Or i can say this is correction price for buy more ethereum, do more research before decide to buy as i said.

[harapan]

the most obvious reason is because bitcoin has also decreased in price, and this is not only the case for ethereum but all the altcoins on the market are now experiencing a price drop.

[yohananaomi]

bitcoins from $ 12k + are now dropping down to $ 10K + and could come back around $ 9K. and it has happened several times and for ordinary bitcoin. because bitcoin has dropped far enough, it is certain that all altcoins will also be red, including ethereum of course. so this is a common thing when bitcoin experiences something, you can be sure that others are also affected, there are rarely altcoins that are able to avoid this situation.

[Captain Corporate]

 It is an amazing place to buy, think about what else you could do in the future and how ethereum will react to whats going on. Right now market is low, it is going to eventually go up, nobody can deny that crypto market goes down and up, right now it is on the down stage and maybe it will go further down who knows but eventually it will go back up, ethereum will be over 400 dollars once again, that is a guarantee, the uncertain part is "when" but it eventually will be.

 On top of that we have ethereum 2.0 as well, you are going to make more ethereum with the ethereum you have, that is a dream come true for many many project owners, they will have millions of dollars in ethereum and instead of selling it, they are going to stake it and spend that, so it is a marvelous improvement and everyone will love it. That love will turn into increase in eth prices as well.

 So all in all I would say you should definitely focus on eth purchases nowadays, it will definitely help you.

[Bezobraznike]

   What happened is that we had a nice ride to the higher prices of Bitcoin, Ethereum and many other alt-coins, and we know
that after that we can expect a drop! I think the most obvious reason is that people like to sell on top, and when many people sell
on top, the prices decline. Shorting is a good strategy and many people here use it.
   The prices will go up again, the same people that sold on top are waiting the dip and opportunity to buy again. If you wish to be
a trader and earn like this you need to learn more about the crypto-market.

[btc78]

today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?

Are you OK?it is not Only ethereum is dropping instead all currencies even Bitcoin the strongest currency is drowning now so why bother only about ETH?

this is the whole market reaction so don't differentiate Ethereum upon all.

This happens either the correction is in place or either some whales are making this happen to slowly gather panicking money.

[GatotKaca]

The decline didn't just happen for Ethereum but for all TOP coins bear market comes and market conditions fall, I think it is normal to see the market in this condition my advice remains calm and don't panic sell, I'm sure bignews will happen in the near future and make the market green again

[cassavachips]

It seems that it is not caused by gas prices, because the market is currently bad. Bitcoin has fallen to under $10k and all altcoins have followed suit including Ethereum. Before going down, Ethereum almost touched $500 and finally today it is back at $340

[shoreno]

i find it funny when you say eth value go down because of the gas fee problem . that issue is only a fee and its verry minor so i dont think that this is the main reason why eth price got dumped  . look around you other coins fell down as well .  dont tell me that they got dumped because of the transaction fee ? obviously no .  whales and large holders do thier move secretly and why will they let the media know when they are moving large funds .

[Masyudhi]

I think the decline did not occur for ethereum but for all coins especially bitcoin conditions like this are normal for me don't panic keep calm
because ethereum will be back on the rise when the good news for crypto comes

[rodskee]

eth price down because bitcoin price is unstable, not because of negative news etc, maybe in the next few weeks eth will rise again when bitcoin price has stable so if you want to buy this is the right time

Though there's a major impact to all alts but ETH can proceed and make things for itself, the current fall might be because of those DeFi
hypes and people who already gained a lots of money already cashing it out.
But for sure things will be back soon and bounce back will happened to this coin
it's always that way, better to make a better plan before doing anything.

[Litzki1990]

Etherium recently down again and the bitcoin also getting drop the price below 10k though the graph little bit growing now again and the price of ETH also been bosted some after that drop.Hopefully the price can be reached again at 400$ very soon though cryptocurrency always unpredictable.

That's two coins are always together in the same movement if the bitcoin going down and the etherium also going down. But the situation of this two coins was not dip the price and Ill think it can recover early. And yes they have a a chance to get back again to $400 or more than that maybe to $100 back again just like bitcoin will be smoothly increasing the price to touch $15k.

[lienfaye]

The reason for the drop in Ethereum's price is not about GAS and / or high fees, because the downturn that happened was a decline in the entire cryptocurrency market. I never thought the drop in price was due to high fees, even though Ethereum has a high fees it will definitely be used because there are so many projects that use the technology. The market still has a dependency on Bitcoin so I guess whatever the problem is that the Ethereum price falls is just the trend in the cryptocurrency market itself.

Indeed, its not all about eth's high fees for transaction because majority of coins are in price decline. Its a temporary correction (hopefully) and a normal scenario for us holders.

Dont take it seriously, instead fill your bags with coins that you want to hold since the coins are declining.

[Benefactor]

ETH been drooped the price recently when the Bitcoin as well get down below 10k though it's been cover up slowly and get back to 10k above. Ethereum as well been boosted by few after last drop though this time it's still 3% minus of 24 hours price volume. hopefully the price been raised within few times.

[GatotKaca]

Ethereum state is now in decline a very deep drop for ethereum many investors smile yesterday increases above $ 400 more however it only lasted a short time and fell back below $ 400 Current price is $ 356 it may take a little while for ethereum to get over $ 400 again

[cryptonx]

Ethereum state is now in decline a very deep drop for ethereum many investors smile yesterday increases above $ 400 more however it only lasted a short time and fell back below $ 400 Current price is $ 356 it may take a little while for ethereum to get over $ 400 again

indeed, and now the market is in sideway mode my friend
just wait for confirmations, for sure we will see a huge price movements in the next few days or weeks

[senyorito123]

today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?

That's a biggest possible scenario to wait after eth went down badly, but it's also an opportunity for investors to dig in. Accumulating your holdings will be the best decision to do right now while there's a cheaper value available in the market. Don't wait until it's completely recovering, because you'll regret if one day it will be back on the right track.

[chip1994]

today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?

Don't worry too much, it's just that people see the market has gone too high so they want to take a little profit, and we call it a correction. nothing is going to rise forever, it needs a balance correction in order to reach a new high. $ 400 is too easy target for ETH in the future, when Ethereum 2.0 is ready then it can reach $ 1000 is too normal. we need to be smart and should make use of this time to buy more and hold.