ETH Sentiment Poll for June

[saint_casanova]

How does that make you feel?  And the bull market doesn't just come back.  So it'll stay near the bottom for at least a year or so.  At what ever price range that is, we can't be sure.  It could be at 800, 500 even 300?  Just stay away from the market rn.

It may be an unpopular opinion but when the masses is in fearful mode, we should stay away? I tend to disagree on that though. But the possibilities doesn't end there just because it's the trend, potential upside is a possibility too. I may sound a permabull here but selling right now would just give you more losses, it's already down 80% and in my opinion I wouldn't be ever more bullish than before from this range.

We should stay away most of the time and only start investing or 'buy the dip' when the market shows signs of recovery, fix that for you. Believe me, when everyone is in fearful mode, you won't see any decent increase in price while a huge amount of risk for it to be lower.

[KennyR]

The market of ethereum have declined down to $900 in the last 24hrs. However there is bounce reaching close to $1000. This is the market fluctuation as it is in mutual move with the bitcoin market. On the other side there are projects that are developed over the ethereum blockchain standing strong with not much of downward movement. So, it looks like the bounce back will happen within the next few months reaching around $1500. Until then the movements will be within specific limits.

[kotajikikox]

How does that make you feel?  And the bull market doesn't just come back.  So it'll stay near the bottom for at least a year or so.  At what ever price range that is, we can't be sure.  It could be at 800, 500 even 300?  Just stay away from the market rn.

It may be an unpopular opinion but when the masses is in fearful mode, we should stay away? I tend to disagree on that though. But the possibilities doesn't end there just because it's the trend, potential upside is a possibility too. I may sound a permabull here but selling right now would just give you more losses, it's already down 80% and in my opinion I wouldn't be ever more bullish than before from this range.

We should stay away most of the time and only start investing or 'buy the dip' when the market shows signs of recovery, fix that for you. Believe me, when everyone is in fearful mode, you won't see any decent increase in price while a huge amount of risk for it to be lower.

That is the most stupid advise mate , Waiting for DIP? how can you? are you sure that you can find the timing to buy in dumping market?

What is good to do is Invest each time you have a small amount that can afford to risk because  long term Holding is what we can do to keep safe our investments and never to expect fast increase or profit because that is the greediest attitude and will bring losses instead.

[Inspiron14]

How does that make you feel?  And the bull market doesn't just come back.  So it'll stay near the bottom for at least a year or so.  At what ever price range that is, we can't be sure.  It could be at 800, 500 even 300?  Just stay away from the market rn.

It may be an unpopular opinion but when the masses is in fearful mode, we should stay away? I tend to disagree on that though. But the possibilities doesn't end there just because it's the trend, potential upside is a possibility too. I may sound a permabull here but selling right now would just give you more losses, it's already down 80% and in my opinion I wouldn't be ever more bullish than before from this range.

We should stay away most of the time and only start investing or 'buy the dip' when the market shows signs of recovery, fix that for you. Believe me, when everyone is in fearful mode, you won't see any decent increase in price while a huge amount of risk for it to be lower.

Current market price is below $1000 but we will see small corrections in low timeframe charts soon. After each correction selling and joining bears will be best decision, risk is always there and you have to accept it before trading, IMHO.

it's time to buy, $ 1000 is a strong support for Ethereum,
and look at the price had dropped below $ 1000 and now the price is back above $ 1000,
this is because the sentiment from the market is really saturated to continue down, will definitely rebound,
maybe $ 1500 or $ 2000 before there is another dump, take advantage of it

[tokeweed]

^  Not as strong as most thought but it looks like it's up above 1k now and mostly likely we also have a bounce.  I would try to play it with a couple of alts but I'm not expecting the move to be something going over 3k or so.  Maybe it could but do we really expect these coins to hold those gains during a bear market?  I'd be expecting ETH to slowly get back to its lows after the bounce.  Dunno...  Not financial advice. 

The merge is somethng to think about later this year tho.  There's another testnet merge coming in a month or so.

[ElmedoRator]

it's time to buy, $ 1000 is a strong support for Ethereum,
and look at the price had dropped below $ 1000 and now the price is back above $ 1000,
this is because the sentiment from the market is really saturated to continue down, will definitely rebound,
maybe $ 1500 or $ 2000 before there is another dump, take advantage of it

The general situation of both the market and ETH is no exception. The price has dropped and we are seeing support levels being broken gradually according to the knowledge of technical analysis. I also heard about some ETH liquidations from many projects as well as the recent 3AC case. Although I am also a big supporter of ETH, after making a profit with it, I no longer think about when I will have to buy it back. Observing everything is still highly appreciated by me.

[FanEagle]

Current market price is below $1000 but we will see small corrections in low timeframe charts soon. After each correction selling and joining bears will be best decision, risk is always there and you have to accept it before trading, IMHO.

it's time to buy, $ 1000 is a strong support for Ethereum,
and look at the price had dropped below $ 1000 and now the price is back above $ 1000,
this is because the sentiment from the market is really saturated to continue down, will definitely rebound,
maybe $ 1500 or $ 2000 before there is another dump, take advantage of it

I agree, 1000 is definitely one of the best prices to buy ETH right now, not saying that it can't go down more, it can definitely go down more and just because there is a resistance doesn't mean that it has to fail.

But, when you see a strong resistance like this, it is very important to end up finding a bit of money to invest right now so you could make a good return. I mean think about it, making 5x is not that difficult when you buy ETH at this price, it is only 5k and that's nothing we can't do when the bull is back, hell even 10k+ could happen and that is more than 10x return and I bet that everyone is loving that. Hence I would suggest buying right now for sure.

[blue_hurricanger]

I agree, 1000 is definitely one of the best prices to buy ETH right now, not saying that it can't go down more, it can definitely go down more and just because there is a resistance doesn't mean that it has to fail.

But, when you see a strong resistance like this, it is very important to end up finding a bit of money to invest right now so you could make a good return. I mean think about it, making 5x is not that difficult when you buy ETH at this price, it is only 5k and that's nothing we can't do when the bull is back, hell even 10k+ could happen and that is more than 10x return and I bet that everyone is loving that. Hence I would suggest buying right now for sure.

We might not see ETH drop anymore lower than the $1000 for this month. It seems like below the $1000 for a few days is the best time to accumulate it for this month. ETH is considered as long-term investment. ETH price at $1000 for the entry point is still a good investment.

[tokeweed]

Current market price is below $1000 but we will see small corrections in low timeframe charts soon. After each correction selling and joining bears will be best decision, risk is always there and you have to accept it before trading, IMHO.

it's time to buy, $ 1000 is a strong support for Ethereum,
and look at the price had dropped below $ 1000 and now the price is back above $ 1000,
this is because the sentiment from the market is really saturated to continue down, will definitely rebound,
maybe $ 1500 or $ 2000 before there is another dump, take advantage of it

I agree, 1000 is definitely one of the best prices to buy ETH right now, not saying that it can't go down more, it can definitely go down more and just because there is a resistance doesn't mean that it has to fail.

But, when you see a strong resistance like this, it is very important to end up finding a bit of money to invest right now so you could make a good return. I mean think about it, making 5x is not that difficult when you buy ETH at this price, it is only 5k and that's nothing we can't do when the bull is back, hell even 10k+ could happen and that is more than 10x return and I bet that everyone is loving that. Hence I would suggest buying right now for sure.

It could be but I'm still hopeful for 500 bucks some time later this year before the merge.  The current bounce is a natural reaction after a huge sell down.  Shorts should start covering around the current range as a pump could spook them from being squeezed.  There's also a threat of being stop run by whales...  As for how high the bounce is, no idea.  But open an hourly chart and see that there's some resistance at the 1240 - 1260 range.

[SirLancelot]

I agree, 1000 is definitely one of the best prices to buy ETH right now, not saying that it can't go down more, it can definitely go down more and just because there is a resistance doesn't mean that it has to fail.

But, when you see a strong resistance like this, it is very important to end up finding a bit of money to invest right now so you could make a good return. I mean think about it, making 5x is not that difficult when you buy ETH at this price, it is only 5k and that's nothing we can't do when the bull is back, hell even 10k+ could happen and that is more than 10x return and I bet that everyone is loving that. Hence I would suggest buying right now for sure.

It could be but I'm still hopeful for 500 bucks some time later this year before the merge.  The current bounce is a natural reaction after a huge sell down.  Shorts should start covering around the current range as a pump could spook them from being squeezed.  There's also a threat of being stop run by whales...  As for how high the bounce is, no idea.  But open an hourly chart and see that there's some resistance at the 1240 - 1260 range.

Hopeful for 500 sounds so weird when you think of it out of the context I mean normally that would be a bad thing, like if you consider it from a bad person narrative, it could sound like "OH! I hope it goes down to 500 and then to zero so you all lose money!! muhahahahahha" but the reality is different of course, when you add context it becomes like "Oh I hope it drops so I can buy even more and make even more profit because we all know it will recover eventually anyway". That is a good thing, knowing the context, and trusting ethereum enough that even if it falls so much more, you would still be supporting it and would invest into it.

[tokeweed]

^  Just like how BTC maxis like to buy dips, tho they forget that there's a dip to the dip to the dippity dip, ETH maxis also like to get in for as low a possible.  And with the merge coming, ETH should rise over 3k some time in 2023 imho.  But then again we'll see.  I can't wait for either scenario.  If ETH does merge with the beacon chain, maxis get annoyed and be all hate.  And if it doesn't, maxis be all annoyed like they cared and still be all hate.  

Anyway I think the next poll for July would be if ETH can go up over 1700 - 1800.

Edit:  Looking at the monthly...  It don't look good fam.

[darewaller]

Just like how BTC maxis like to buy dips, tho they forget that there's a dip to the dip to the dippity dip, ETH maxis also like to get in for as low a possible.  And with the merge coming, ETH should rise over 3k some time in 2023 imho.  But then again we'll see.  I can't wait for either scenario.  If ETH does merge with the beacon chain, maxis get annoyed and be all hate.  And if it doesn't, maxis be all annoyed like they cared and still be all hate.  

Anyway I think the next poll for July would be if ETH can go up over 1700 - 1800.

I think 3k+ is nothing shocking to reach, that could be reached this year and I wouldn't be shocked. The real kicker comes in at 5k+ if that could be reached, that is going to make a lot of heads turn. We bottomed at around 1k, and 5k would mean a 5x return and I am guessing that in a year or so we could get there.

It is not easy to wait a year in the crypto world for some reason, many people just "actively waiting", instead of passive, they do not just leave and go live their life and come back a year later, they check it every 5 minutes to see what happened, and doing that for a whole year is near impossible, most end up selling eventually.

If people can learn how to ignore and move on after a big investment, they could totally make a lot more money, it is not going to be simple and it is not going to be easy, but it is definitely going to be something that we should be doing in order to make a bigger profit. This is a simple thing, ETH will be 5k one day, maybe a year from now, maybe 2 who knows but making 5x is a big deal, and you just... do nothing, absolutely nothing and you profit.

[slaman29]

tokeweed I don't think there really are ETH maxis, who are comparable to BTC maxis. There definitely are a few whale accumulators but you also have to understand from the perspective of PoS which makes it of course more valuable to hold and stake to earn 'interest'.

Anyway I think darewaller has a point about 3k nothing to be shocked about, although it does seem a bit optimistic for 3x gains in 6 months left to the year but ETH 2.0 might just be cause for that.

[tokeweed]

tokeweed I don't think there really are ETH maxis, who are comparable to BTC maxis. There definitely are a few whale accumulators but you also have to understand from the perspective of PoS which makes it of course more valuable to hold and stake to earn 'interest'.

Anyway I think darewaller has a point about 3k nothing to be shocked about, although it does seem a bit optimistic for 3x gains in 6 months left to the year but ETH 2.0 might just be cause for that.

What do you mean?  They aren't as cringey as the BTC maxis?    

And yeah, while I agree ETH rising back up to around 3k USD isn't really anything to be shocked about because really it's just around 3x, it could also go side ways or even worse...  Drop down below 1k USD and stay there for a little while.  Which would also be not too surprising since we are still in a bear market.  :/

[monineklutak]

4 more days and June is coming to an end, and at the moment Ethereum sentiment is of course with the news of PoW to PoS,
I still don't have any information on when Ethereum will switch PoS algorithm, and I don't know, if this will be a disaster for Ethereum or not,
I really don't know. I'm really still worried, because for sure $2000 has to be touched and Ethereum has to be able to stay at $1000 if it wants to survive the next storm again

[slaman29]

tokeweed I don't think there really are ETH maxis, who are comparable to BTC maxis. There definitely are a few whale accumulators but you also have to understand from the perspective of PoS which makes it of course more valuable to hold and stake to earn 'interest'.

Anyway I think darewaller has a point about 3k nothing to be shocked about, although it does seem a bit optimistic for 3x gains in 6 months left to the year but ETH 2.0 might just be cause for that.

What do you mean?  They aren't as cringey as the BTC maxis?    

And yeah, while I agree ETH rising back up to around 3k USD isn't really anything to be shocked about because really it's just around 3x, it could also go side ways or even worse...  Drop down below 1k USD and stay there for a little while.  Which would also be not too surprising since we are still in a bear market.  :/

Lol well cringey is one thing, but risk is another. BTC holders gain nothing from holding whereas now with PoS ETH holders literally gain more from holding, so it makes sense to just hold and they'll get called maxis simply for that.

I remember the time ETH was below $100 a few times after failing $400 (so that's like x4 price and then falling back down) so yeah, going to $3k is 'normal' but as you said, below 1000 is what we should be well prepared for!

[tokeweed]

^  Heh yeah...

I'm not sure how to read this.  But there have been huge swaps like this happening over the weekend.  :/

https://etherscan.io/tx/0xa56074e1ac59f1db583981c2d1adf047f39c9ec1db2cc295917a071a04a5ef20

These guys prolly know what's coming this week and don't want to spook the market by selling down at centralized exchanges?  That would suck.  I was kinda hoping that this little run would at least knock on 1700 or something.  Which was where support and resistance flipped a couple of weeks ago.

[fullhdpixel]

I'm not sure how to read this.  But there have been huge swaps like this happening over the weekend.  :/

https://etherscan.io/tx/0xa56074e1ac59f1db583981c2d1adf047f39c9ec1db2cc295917a071a04a5ef20

These guys prolly know what's coming this week and don't want to spook the market by selling down at centralized exchanges?  That would suck.  I was kinda hoping that this little run would at least knock on 1700 or something.  Which was where support and resistance flipped a couple of weeks ago.

I agree that there are some stuff going on right now, I know that it may not look good the way it is right now, or maybe this is just a regular exchange move or a rich person moving their money somewhere etc etc? I really hope that it is not a bad thing, I know there is a chance it could be, but the better option for us would be seeing that 1.7k instead since it would hype the market a bit.

I know it is not a simple thing, but it is going to definitely help most of us get more involved. If it is in fact a whale selling slowly and not scaring the market because they know what is going to happen next week, then it would be a sad situation for all the people like me who are holding ETH in their portfolio.

[btc78]

while 76% of votes are favoring that the price will fell down to below 17k yet the value is still holding now to above that level and i think the bad days are over and the increase will start any time soon .

so the sentiment for June is almost over because we are few days away from entering the 3rd quarter that will change the momentum of the market.

[tokeweed]

I'm not sure how to read this.  But there have been huge swaps like this happening over the weekend.  :/

https://etherscan.io/tx/0xa56074e1ac59f1db583981c2d1adf047f39c9ec1db2cc295917a071a04a5ef20

These guys prolly know what's coming this week and don't want to spook the market by selling down at centralized exchanges?  That would suck.  I was kinda hoping that this little run would at least knock on 1700 or something.  Which was where support and resistance flipped a couple of weeks ago.

I agree that there are some stuff going on right now, I know that it may not look good the way it is right now, or maybe this is just a regular exchange move or a rich person moving their money somewhere etc etc? I really hope that it is not a bad thing, I know there is a chance it could be, but the better option for us would be seeing that 1.7k instead since it would hype the market a bit.

I know it is not a simple thing, but it is going to definitely help most of us get more involved. If it is in fact a whale selling slowly and not scaring the market because they know what is going to happen next week, then it would be a sad situation for all the people like me who are holding ETH in their portfolio.

Nope it wasn't as what we had hoped.  He or maybe they knew something was going to happen and they got spooked.  And it's not just that one swap.  There were a few of them all swapping huge amounts of ETH to stables.  It makes you ask yourself if there's light at the end of the tunnel.  Lol.

Anyway after another huge sell down to seal the month of June, I think July will be interesting.  I'll make the thread later tonight or do it tommorow.  Stay safe guys.