ETH Sentiment Poll for November

[tokeweed]

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.

I think the reason why everything dumped is due to mostly panic and because of a set of avoidable circumstsnces.  And with the panic just being 'a panic', it looks like the market kinda realized that it has nothing to fear anymore.  Just a day after yesterday's entertainment, the market has bounced really hard from a low of 1100 to where it is now at 1300...  That's around a 20% run up.  That's huge and could be a sign that the bottom is def in...  Dunno, we'll see in a month or two but I stand by what I said.  If ETH holds 1k then the bulls still have it.

[Chainsmokers]

for ethereum in november there is no good or bad news so in my opinion Ethereum will be sideways at a price of $1200 to $1400 until the end of the year,
so if there is good news and a $1500 breakout of course the sentiment will be very bullish,
but if there is bad news about Ethereum and breakdown of $ 1000 then it's better to get out of the market and wait for better conditions,
don't be too excited in this bear market because it is very difficult to predict.

[tokeweed]

^  The worst of the worst news came in FTX's demise but it didn't even take ETH to break down 1k USD.  I think we could be at the bottom end of the bear market rn.  But don't take my word for it, I'm a idiot amd def the worst 'trader' here.  Lol.  Please do check your own chart and confirm your analysis with the analysis of good traders.  But I dunno...  Just a hunch, I think we're close at the bottom and it couldn't get any worse from here.

The chart looks like it's gonna do one more leg down tho.  But the FTX fiasco was supposed to do it but didn't.

[Xal0lex]

for ethereum in november there is no good or bad news so in my opinion Ethereum will be sideways at a price of $1200 to $1400 until the end of the year,
so if there is good news and a $1500 breakout of course the sentiment will be very bullish,
but if there is bad news about Ethereum and breakdown of $ 1000 then it's better to get out of the market and wait for better conditions,
don't be too excited in this bear market because it is very difficult to predict.

What do you mean when you talk about exiting the market? Sell ETH if it starts to fall below $1000 or what? If that's the case, there's no logic to it, because if ETH doesn't hold its support at $1000 and starts its fall, then the best solution in that situation is just to HODL, then you just have to wait for the market to recover. This can happen very quickly, but at the same time it can also end very quickly.

[btc78]

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

or maybe if not bear at least we will stay at this level or if there will be an increase at least breaking that 20k back again? i have been worry for what would be the bottom here ,  some says we will see 10k? but i am not affected at all .

for ethereum in november there is no good or bad news so in my opinion Ethereum will be sideways at a price of $1200 to $1400 until the end of the year,
so if there is good news and a $1500 breakout of course the sentiment will be very bullish,
but if there is bad news about Ethereum and breakdown of $ 1000 then it's better to get out of the market and wait for better conditions,
don't be too excited in this bear market because it is very difficult to predict.

why wait for 1k when you can already sell now?

look at your stand ,there is only a few hundred dollars that needs to be taken so best to sell now and wait for more dumping to buy again like that 1k you are saying.

[tokeweed]

^  It's part of an overall trading strategy aka the stop loss.  Go long or short on a coin at some price then set the stop loss if the coin goes below or above some level from the price.  Stop loss placement depends on the trader tho.  Some traders like using a stop loss based on volatility while other traders like to use support and resistance levels. 

And it's easy to say 'sell now' and wait for a dump.  But what if the dump never comes and ETH starts rising higher then your sell price?  Sometimes it's better to get confirmation from the market then react than to anticipate it.

[darewaller]

or maybe if not bear at least we will stay at this level or if there will be an increase at least breaking that 20k back again? i have been worry for what would be the bottom here ,  some says we will see 10k? but i am not affected at all .

$20k is always possible because btc have been on that place, not just once or twice but a lot of times already. What is only hard for now is the actual bull run. Maybe $10k for the bottom is also possible because most predictions that I saw are $13k and $11k but yeah we shouldn't be affected by that. A drop in the price is not a disadvantage but it was an advantage.

As for the eth part. I think you miss understood what he said there. He didn't mean to sell but what he actually mean is to relax for a while in the outside world. Why will he sell now when the market is still in bearish mode? There is no benefits of doing that, just pure losses.

[Chato1977]

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

While there is a good show from ETH this past weeks , yet sideways may come as we all knew that.


So for me , ETH has  a good movement this past month and may see another growth this November but this is not enough to bring this breaking 2k again.

Hope that at least close to 18k will be the next stop of Ethereum before December comes.


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The month has ended and the vote closed to 5/5 meaning the sentiment of the people here is completely divided .