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Poll
Question: Is the bottom in for ETH?
Yes - 5 (50%)
No - 5 (50%)
Total Voters: 10

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Author Topic: ETH Sentiment Poll for November  (Read 297 times)
tokeweed (OP)
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November 04, 2022, 03:43:04 PM
Last edit: December 03, 2022, 04:30:53 PM by tokeweed
 #1

Hey guys, we're back for another sentiment poll for the month of November.  I present this chart below without any comments, predictions or any of my personal opinions.  I'm more interested in what you think and any insights you guys have with regards to the poll.  So yeah...  Just vote and drop a line or two and let's see where we are by the end of November.  Wink

But I gotta say...  It has been looking good.


R


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November 05, 2022, 02:51:21 AM
 #2

I really have strong guts because we also need to consider the Bitcoin block halving will happen in the year 2024, so within 1 year, there are still a lot of things to happen.
But if Ethereum will manage to hold above $1,000 then the bottom is already in for me, because the bottom in the year 2022 is the top of 2018 when bear market started that time.

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November 05, 2022, 04:13:30 AM
 #3

standing at 16 hundred now with green on the movement .

https://coinmarketcap.com/currencies/ethereum/

I think we are in good positioning now and better to buy for those who are waiting to re enter the market .

as Bitcoin continues to show some positive act , then Ethereum will surely continued this following .



But I gotta say...  It has been looking good.



Yeah , it looks good for at least a week now so hoping this will be longer till the end of year so we can sell if we are ready to go out.

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November 05, 2022, 09:16:14 AM
 #4

As we are close to December, I'd expect a few pumps in the market prices which include ETH and the top coins. Perhaps, the entire market chart is looking good now, it sounds like the bottom is out of our sight now but not really confident if this will be the beginning of the recovery or was just another short recovery that we normally experience during this bear season.

However, I don't make myself bothered too much and check the market every day. As I was holding long-term, I simply ignored the detailed changes in the market because I'd just wait for the bull season to come.

R


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November 05, 2022, 02:51:54 PM
 #5

As we are close to December, I'd expect a few pumps in the market prices which include ETH and the top coins.
December looks to be a good month for Ethereum: https://cryptorank.io/price/ethereum

I don't think history will always repeat itself but it is one of viewpoint for price speculation. I don't think late months of each year are good for speculators because those months are sensible months for finance and cryptocurrency markets. I will wait for Q1 or Q2 of each year to enter the market because it is more safely in my view.

Quote
Perhaps, the entire market chart is looking good now, it sounds like the bottom is out of our sight now but not really confident if this will be the beginning of the recovery or was just another short recovery that we normally experience during this bear season.
The chart looks good and Ethereum is hanging around that price but we don't know how it will move after that. Falling more or confirming the bottom and recovering from there. Waiting for confirmations from the market before entering is a good and safe approach.

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November 05, 2022, 03:13:51 PM
 #6

I really have strong guts because we also need to consider the Bitcoin block halving will happen in the year 2024, so within 1 year, there are still a lot of things to happen.
But if Ethereum will manage to hold above $1,000 then the bottom is already in for me, because the bottom in the year 2022 is the top of 2018 when bear market started that time.

With ETH emissions going way down since after the merge, I think ETH has more of a chance to hold 1k USD than BTC holding 20k USD.  All around there's just less sell pressure in ETH as the ETH miners are now out of the equation.

And it's not just that...  Come the next bull market, ETH could out perform BTC again and gain more in market cap than BTC can gain more for itself and make the gap between them smaller.  I feel like the 'flippening' narrative could be taken a lot more seriously at the next bull market.  Dunno...

R


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November 05, 2022, 04:12:30 PM
 #7

As we are close to December, I'd expect a few pumps in the market prices which include ETH and the top coins.
December looks to be a good month for Ethereum: https://cryptorank.io/price/ethereum

I don't think history will always repeat itself but it is one of viewpoint for price speculation. I don't think late months of each year are good for speculators because those months are sensible months for finance and cryptocurrency markets. I will wait for Q1 or Q2 of each year to enter the market because it is more safely in my view.

Quote
Perhaps, the entire market chart is looking good now, it sounds like the bottom is out of our sight now but not really confident if this will be the beginning of the recovery or was just another short recovery that we normally experience during this bear season.
The chart looks good and Ethereum is hanging around that price but we don't know how it will move after that. Falling more or confirming the bottom and recovering from there. Waiting for confirmations from the market before entering is a good and safe approach.
many people say the 4 year cycle of bull season once, will not apply again in the future. Indeed, I agree with things like this, because the domination of the majority holds this key that investors expect now. november is a good month that has happened for december is still in question whether the same thing in the past should not happen again. this has to change

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November 06, 2022, 05:34:11 PM
 #8

many people say the 4 year cycle of bull season once, will not apply again in the future. Indeed, I agree with things like this, because the domination of the majority holds this key that investors expect now. november is a good month that has happened for december is still in question whether the same thing in the past should not happen again. this has to change
I thought more people say that it will happen again? But whatever the outcome of the market is, im always ready to face it. If the bear persists then I will just keep on stacking more coins but if the bull run takes its place for real then great, that means I can now release some of my coins to be able to earn something.

So, we are at November finally and eth is showing some nice movements but it was too early to celebrate and like the popular saying said,  "don't judge the book by its cover". The beginning of November is only just a cover but the real contents are yet to be opened as soon as day passes by. Well, let's just wait and see if what November has in store for us.

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November 06, 2022, 06:34:20 PM
 #9

many people say the 4 year cycle of bull season once, will not apply again in the future. Indeed, I agree with things like this, because the domination of the majority holds this key that investors expect now. november is a good month that has happened for december is still in question whether the same thing in the past should not happen again. this has to change
I thought more people say that it will happen again? But whatever the outcome of the market is, im always ready to face it. If the bear persists then I will just keep on stacking more coins but if the bull run takes its place for real then great, that means I can now release some of my coins to be able to earn something.

So, we are at November finally and eth is showing some nice movements but it was too early to celebrate and like the popular saying said,  "don't judge the book by its cover". The beginning of November is only just a cover but the real contents are yet to be opened as soon as day passes by. Well, let's just wait and see if what November has in store for us.
I'm not a fortune teller, but altcoins enter the month of November or certain bulls will see visible results. like in november now all altcoins go up and that's not the case in this month of the year but it's been through the same thing as in the past, not much different if you patiently wait for the market to return in the bull season. if we get stuck in bear season because we will come back again and again

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November 07, 2022, 05:44:00 PM
 #10

100% for sure it's already in. ETH already gone down as much as it could, from here on out we are not going to see a new bottom. Do not mistake this with "it will go up a lot", I am not saying that, maybe the price won't go up too much but we can't really have anything that is much lower. I just do not think that anything bad could happen in the crypto world that would be crashing the prices anymore.

Whatever suppose to happen in the bad ways already happened and crashed the price, from here on out it is going to be just pure profit. This is of course a terrible risk for me to take, because if it does drop, then I was wrong and I will lose some money.

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November 07, 2022, 06:40:17 PM
 #11

^  Yeah looks like it.  And no, I don't think it will go up a lot as these things need time going from sideways to slight trend up then trend up then finally a full blown pump.  It's going to take years just like the last couple of times.

What I really want to know his if we could start aping in without fear that we could be seeing another huge drop again.  If not, I'll be happy to start buying and build a good stack before everything starts going crazy positive again.

R


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November 07, 2022, 09:42:38 PM
 #12

I do think that the bottom is in and that's around $900. We may be or not be close to the end of the bull run and we're going to be back to the capitulation period again.

what is this equation with the 2018 chart there was a big recovery, but after that it went back to basics again all altcoins. Only a few months later this year maybe altcoins will grow well in the market even though they don't touch ATH. and to come back again in the new ATH still takes a long time to happen in the next bull season.
Many of them did touch ATH and that's for last year. Last year when the bull run happened and one leader of it is Ethereum. That's why most of the altcoins have taken the scene and many thought that they'll be richer because of them. But most of them did that for a short period of time.

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November 07, 2022, 10:19:31 PM
 #13

Ethereum has been performing much better than bitcoin lately. The growth of ETH in the last 2.5 weeks is impressive, +$400. I would like to believe that the market has passed its low point and all assets have already shown their bottom and now there will be only growth. Now ETH is preparing to break the trend, which will serve as an additional signal for the bulls, but at the same time I am preparing for the fact that the market can deceive the expectations of most users and update its bottom for the last time.

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November 08, 2022, 04:06:09 PM
 #14

I do think that the bottom is in and that's around $900. We may be or not be close to the end of the bull run and we're going to be back to the capitulation period again.

what is this equation with the 2018 chart there was a big recovery, but after that it went back to basics again all altcoins. Only a few months later this year maybe altcoins will grow well in the market even though they don't touch ATH. and to come back again in the new ATH still takes a long time to happen in the next bull season.
Many of them did touch ATH and that's for last year. Last year when the bull run happened and one leader of it is Ethereum. That's why most of the altcoins have taken the scene and many thought that they'll be richer because of them. But most of them did that for a short period of time.
The time to make a profit in this bull season is only time to really make the best use of it to sell big positions. The whales will be wasted quickly where bull season comes investors sell off massively along with the others. And this year the bears have come to bring the altcoin market down to the bottom that many have been waiting for long term savings

R


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November 08, 2022, 09:21:19 PM
 #15

what is this equation with the 2018 chart there was a big recovery, but after that it went back to basics again all altcoins. Only a few months later this year maybe altcoins will grow well in the market even though they don't touch ATH. and to come back again in the new ATH still takes a long time to happen in the next bull season.
Many of them did touch ATH and that's for last year. Last year when the bull run happened and one leader of it is Ethereum. That's why most of the altcoins have taken the scene and many thought that they'll be richer because of them. But most of them did that for a short period of time.
The time to make a profit in this bull season is only time to really make the best use of it to sell big positions. The whales will be wasted quickly where bull season comes investors sell off massively along with the others. And this year the bears have come to bring the altcoin market down to the bottom that many have been waiting for long term savings
I don't think that the whales will get wasted. They're market makers and movers and they know exactly when to sell and to buy. They are even used as market indicators if they've got something to say or give a hint to the market.
And that's why when they're starting to do that, a massive sell-off happens when some sort of words have been said to make the people panic which is leading everyone to sell in a panic mode. While we're still in a bear market, we should have that plan that we must do something while we're still here because a bigger chance that might occur in the future that we'll never comeback again to this moment.

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November 09, 2022, 10:52:08 AM
 #16

but just today , started last night that Ethereum falls badly  with more than 20% fall?

https://coinmarketcap.com/currencies/ethereum/

actually it is 22% to  be specific as I am posting this  Grin

so more or less? the Lowering still on and bottoming may happen continuously this whole week as the result of falling bitcoin.

hoping that in the coming days , we will see light as the year may end in a month or so.









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November 09, 2022, 02:38:58 PM
 #17

^  But ETH still being above 1k USD is still good imho.  The bulls could still have it.  I know it's not great but it's way better than BTC being 3k being below 20k USD.

I'm not sure how long ETH could hold 1k but has long as it does, there could be more positive possible outcomes than negative ones imho.  Dunno...  Maybe I'm just trying to convince myself to keep holding my bag.  Cheesy Cheesy Cheesy  But yeah...  Everything is usually reflected in the price first before the actual news comes out on why the price did what it did.

R


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sana54210
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November 09, 2022, 07:02:04 PM
 #18

but just today , started last night that Ethereum falls badly  with more than 20% fall?

https://coinmarketcap.com/currencies/ethereum/

actually it is 22% to  be specific as I am posting this  Grin

so more or less? the Lowering still on and bottoming may happen continuously this whole week as the result of falling bitcoin.

hoping that in the coming days , we will see light as the year may end in a month or so.
It’s definitely a huge drop in all of the market right now, but that doesn't mean that all of November will be like this. Don't lose your hope just yet, there is nothing that guarantees that ethereum won't be 2k by the end of this month. I mean there is nothing that can stop it from being there.

This is why I believe that we should not be too much risking at the current moment. I know that it’s going to be as decent as it gets, and there is a good chance it could be recovered, but we should not be really caring about the current situation, just focus on what you can do at the current moment and focus on that, buy as much as you can and hold.
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November 10, 2022, 03:30:37 AM
 #19

it is not obviously , because we have witnessed another Bad market these days as there is a huge dumping since yesterday, while bitcoin falls high 20% ethereum is now dumping at almost 30% .

sad to see this happening because i thought the momentum is really High , and the Bull will enter any time soon but with this?

sorry but we are looking at more bearish as December comes.

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November 10, 2022, 03:17:53 PM
 #20

it is not obviously , because we have witnessed another Bad market these days as there is a huge dumping since yesterday, while bitcoin falls high 20% ethereum is now dumping at almost 30% .

sad to see this happening because i thought the momentum is really High , and the Bull will enter any time soon but with this?

sorry but we are looking at more bearish as December comes.
Yes after all we have to be realistic and don't expect bull market to come any time soon,
this year is likely to end with a bear market and like it or not I think we have to accept it,
to make it clearer, it's better to continue to follow developments

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