Ethereum Rebounds as Bitcoin Holds Steady

[Shasha80]

If we look at the market these days, it is very clear that the Ethereum price starts to creep up, after the Bitcoin price stabilized
at the price of $ 10,900- $ 11,000. It's even surprising that today's Ethereum price rose 7.25% to $ 393. This increase has made
investors increasingly interested in investing in Ethereum. Based on my prediction next week Ethereum will rise above $ 400 again.

[maldini]

We all know bitcoin have a market leading position than any other coins all are been depends on this coin's price level when it's been high the other coins also been higher this way and the market also been pumped when it's been pumped itself and recently this happen few times back and though the price been little bit dropped and other coins as well. Recently the Ethereum has declared their v2.0 and also they have involved the defi project the 2 main reason of this coin might get a good bump very soon. Let's see what happen!

[gamer4156]

Invest on ETH is always good as i think. I am trading from 2017 and i seen there was a lots of pump and dump of coins with BTC and alt coins. So, ETH always profitable if you buy at lower price and hold for few days and when pump then sold it. But it's my perceptions everyone have their own do it at your own risk! Good luck!

[royalfestus]

Ethereum is getting more engaged in some marketing advantages. 15% of ethereum is locked in Defi and the volume of ethereum trade daily is still high. It is so disappointing that the high transaction fee n Ethereum platforms still remain high and never affect the transaction volume. I realize that the profit from Defi cause to over look on the high transaction fee. By November ETH 2.0 will be out and it is capable of another spike that will push the price towards $1000.

[AjithBtc]

The market of ethereum seems to move within $400 for a long after falling back from the price around $450. This doesn't look to be re-bounce in its value. Following the market movement of bitcoin there is changes with ethereum.

For all the market growth expectation for the year, what ethereum has reached is simply very small. Atleast it could've touched the $500 by now, and more defi tokens being successful and growing through the ethereum platform hasn't made any positive move on the market of ethereum so far.

[Captain Corporate]

 I believe they are both equally down right now and things are not looking like they are going to change any time soon neither. I mean looking at the price right now it is 10.4k for bitcoin and 340 for ethereum which says they are both very down and should be recovering or it would really go a lot more worse. I mean it is of course good that they are both down at the same time, if one was down while crypto market was up that would be bad but since everything moves down together that at least means market is not doing well at the moment.

 Obviously we would like to fix that as soon as we can, don't know how long it will take, don't know when the recovery will happen but as long as it happens I will be fine with price of 12k+ for bitcoin and 450+ for ethereum (and all the other crypto similarly up).

[gabbie2010]

 I believe they are both equally down right now and things are not looking like they are going to change any time soon neither. I mean looking at the price right now it is 10.4k for bitcoin and 340 for ethereum which says they are both very down and should be recovering or it would really go a lot more worse. I mean it is of course good that they are both down at the same time, if one was down while crypto market was up that would be bad but since everything moves down together that at least means market is not doing well at the moment.

 Obviously we would like to fix that as soon as we can, don't know how long it will take, don't know when the recovery will happen but as long as it happens I will be fine with price of 12k+ for bitcoin and 450+ for ethereum (and all the other crypto similarly up).

Both coin were held now at a support zone at $10200+ for bitcoin and $330 for ethereum after the dropped I hope the price recovers from those zones, presently there is rejection unfolding from those zones whether the price will dip down again or pump again remains unknown.
I hope the price reached $11000 first for bitcoin thereafter the next resistance at is $12K that should be the next target while ETH next target should be $388+ after breaking that resistance first before $450.

[leea-1334]

Volatility is back it seems. 3 weeks ago ETH was at $480 and now yesterday it was as high was $390 and then past 24 hours it is even $330. A lot of scalpers making money, and a lot losing I expect. End of the day miners are enjoying it all as they are reaping all the fees,,, bubble not yet bursting it seems.

[Silberman]

Volatility is back it seems. 3 weeks ago ETH was at $480 and now yesterday it was as high was $390 and then past 24 hours it is even $330. A lot of scalpers making money, and a lot losing I expect. End of the day miners are enjoying it all as they are reaping all the fees,,, bubble not yet bursting it seems.

It seems that people do not want this DeFi bubble to end and while this is understandable at the same time it is inevitable, the excitement over the technology is fine but they have took it too far and now that scammers have seen their opportunity and more and more people are being disappointed with the results they have gotten, as such it is impossible the bubble continues for long, but what do I know? After all as Keynes said:

The market can remain irrational longer than you can remain solvent.

[X-ray]

So, ETH always profitable if you buy at lower price and hold for few days and when pump then sold it. But it's my perceptions everyone have their own do it at your own risk! Good luck!

The same pattern will always be repeated anytime and what you are saying totally make sense. When people bought ethereum yesterday and they have got 10% profit from their investment and that means if when the bearish trend will come in the next time and people should always be prepared for that and load more ethereum.

The bitcoin can sustain above 10k and that means it's impossible for the dump to happen even dipper than this time.
All of the trend in altcoins depend on bitcoin and how big the dump will be determined by the bitcoin.