According To me Ethereum Looks Weak

[SquallLeonhart]

They are blinded for other people or influencers say that bear market is easy way to get money because all coin are so cheap, they don't even realize that all people are still in panic and they need to be careful on their position since they might get drained also for continuous dumping happen and you get panic then dump your bought alts. That's what happening especially for newbies always analyze the movement and be careful on the action we take.

Well.. unless you pick a very terrible project, then you should be fine. In this case we are talking about ETH, which means even if people are in panic and the price doesn't recover right away, and it even goes down, then it could be still fine because we are talking about ETH here which will go up eventually.

So, if they listen to everyone and buy now to hold for a long term, that should be fine, it would only result with them making a great profit when the time comes, maybe in a month, maybe in a year but that profit will come. Too many people are avoiding investment just because they are worried about the price, but in reality it should not be a problem at all.

[1714957545]

1714957545

[1714957545]

1714957545

[1714957545]

1714957545

[jaberwock]

Don't really care about the chart, if there is a decline as long as it is within reasonable limits per day then it's normal you don't need to worry too much about the decline. When there is a downturn and we still have reserve funds and believe that ETH has good fundamentals then accumulating ETH holdings is quite reasonable, or if you are good at reading charts you can wait until the price hits a lower level before deciding to buy more, although it is almost impossible to know for sure the lowest level of a coin.

maybe he is more concern being short term investors in which seeking for profit ASAP and that brings Him this disappointment , because if he is for long term I don't think this will be ever an issue and would surely thankful in this chances of buying more.
so Maybe I understand His sentiment and his desperation ,

If you are looking to make profit ASAP, then you are in the wrong market timing. I mean we are in a bear market right now and it's not just ETH but everything looks weak for the near future, which is understandable because the market is bad but the whole world economy is in shambles right now.

However, if we end up with something better in the long future for the world economy, then stocks and crypto will go back up. When that happens ETH prices will soar as well and we will make a good profit out of it as well. I know it's not that easy to make that profit, but it will be quite possible when the time comes, we just need to be patient for it and it will eventually happen.

[adaseb]

Ethereum is actually much stronger than Bitcoin right now. It survived that nov dump pretty well. Better than Bitcoin.

Right now I am neutral on both. They had a horrible year and honestly they will most likely trade sideways for the next few months like in early 2019. It’s not a bad thing. Better sideways than trading downwards like this entire year.

[redsun114]

Ethereum is actually much stronger than Bitcoin right now. It survived that nov dump pretty well. Better than Bitcoin.

Right now I am neutral on both. They had a horrible year and honestly they will most likely trade sideways for the next few months like in early 2019. It’s not a bad thing. Better sideways than trading downwards like this entire year.

I am not entirely sure if it is much better, but I can say at least as strong at the very minimum so I agree that it's a good investment. I am not sure how long that sideway goes, but I agree that it's going to recover and both of them will make us a lot of money.

First they have to go up so that we would all make a lot of profit, when we all make that much profit, some of the excess will go towards some shitcoins that will pump and will be gone in a week or month but first we need to have those big guns go up. Bitcoin and ethereum at a 70-30% range, or even 50-50% on your portfolio for the next 3 years will be a great investment, there is no doubt about that.

[uneng]

Ethereum is actually much stronger than Bitcoin right now. It survived that nov dump pretty well. Better than Bitcoin.

Right now I am neutral on both. They had a horrible year and honestly they will most likely trade sideways for the next few months like in early 2019. It’s not a bad thing. Better sideways than trading downwards like this entire year.

Ethereum is doing great and accumulating a nice increasement on the monthly period compared to bitcoin. However, I believe if it wasn't for the last bitcoin rally, ETH wouldn't be performing so well right now. Bitcoin is the driving factor of crypto market. When Bitcoin pumps, it affects many other altcoins positively, including Ethereum. So that might be the reason why ETH is looking bullish right now.

[lobo13hf]

Ethereum is actually much stronger than Bitcoin right now. It survived that nov dump pretty well. Better than Bitcoin.

Right now I am neutral on both. They had a horrible year and honestly they will most likely trade sideways for the next few months like in early 2019. It’s not a bad thing. Better sideways than trading downwards like this entire year.

agreed with this, ethereum as much as it has lost many of its value still quite strong compared with the other, current bearish has pretty much eliminated so many coins even the big ones, so I think eth, despite losing majority of its value, still good enough that it still retain most of its value, even now it's slowly recovers, despite the charts that showing grim future, it still good investment for long term regardless unlike other coins of similar utility.

[rodskee]

Don't really care about the chart, if there is a decline as long as it is within reasonable limits per day then it's normal you don't need to worry too much about the decline. When there is a downturn and we still have reserve funds and believe that ETH has good fundamentals then accumulating ETH holdings is quite reasonable, or if you are good at reading charts you can wait until the price hits a lower level before deciding to buy more, although it is almost impossible to know for sure the lowest level of a coin.

maybe he is more concern being short term investors in which seeking for profit ASAP and that brings Him this disappointment , because if he is for long term I don't think this will be ever an issue and would surely thankful in this chances of buying more.
so Maybe I understand His sentiment and his desperation ,

Many are expecting to have a good profit in short term without understanding that bear market is preventing that from happening, even the top coins are struggling and with ETH you can see that easily on its price trend. The market is still at a weak side, there’s still no major movement that can pump the price. I still see ETH good for long term investing, patience is very important during bear market.

you are calling those who are here to have instant  income while we are trusting the coins we are holding for at least a year or 2?

ETH will survive this market and will always continues to increase its value year after year .

Ethereum is actually much stronger than Bitcoin right now. It survived that nov dump pretty well. Better than Bitcoin.

Right now I am neutral on both. They had a horrible year and honestly they will most likely trade sideways for the next few months like in early 2019. It’s not a bad thing. Better sideways than trading downwards like this entire year.

agreed with this, ethereum as much as it has lost many of its value still quite strong compared with the other, current bearish has pretty much eliminated so many coins even the big ones, so I think eth, despite losing majority of its value, still good enough that it still retain most of its value, even now it's slowly recovers, despite the charts that showing grim future, it still good investment for long term regardless unlike other coins of similar utility.

looking at it now? yes Ethereum is truly increasing its value with double digits gains in the last 24 hours .

[peter0425]

Ethereum is actually much stronger than Bitcoin right now. It survived that nov dump pretty well. Better than Bitcoin.

Right now I am neutral on both. They had a horrible year and honestly they will most likely trade sideways for the next few months like in early 2019. It’s not a bad thing. Better sideways than trading downwards like this entire year.

agreed with this, ethereum as much as it has lost many of its value still quite strong compared with the other, current bearish has pretty much eliminated so many coins even the big ones, so I think eth, despite losing majority of its value, still good enough that it still retain most of its value, even now it's slowly recovers, despite the charts that showing grim future, it still good investment for long term regardless unlike other coins of similar utility.

let OP believe in what he wanted but for me? ethereum is much stronger comparing to other altcoin and still next in line with bitcoin so the more  you trusted ethereum is the more safer you are than shitcoin.

so for me? i still choose ethereum against all altcoins (for long term purposes of course) but in short term? maybe I will chose other of course .

[MFahad]

Ethereum is now looking so bullish. Some weeks ago there was chance to down Ethereum to 800$ and I was waiting for it but market turned into bullish and now it's price above 1300$ which is plus point fir this who already took entry. Ethereum Usecase is high and after every dump big whales will accumulate it in big quantity.

[CapGelatik]

Ethereum is now looking so bullish. Some weeks ago there was chance to down Ethereum to 800$ and I was waiting for it but market turned into bullish and now it's price above 1300$ which is plus point fir this who already took entry. Ethereum Usecase is high and after every dump big whales will accumulate it in big quantity.

It's unexpected to see Ethereum bullish and that's a crypto which is hard to predict,
but for now I think the market is still bearish and maybe will head to bullish,
this is certainly interesting and let's see it later in the future.

[lobo13hf]

Ethereum is now looking so bullish. Some weeks ago there was chance to down Ethereum to 800$ and I was waiting for it but market turned into bullish and now it's price above 1300$ which is plus point fir this who already took entry. Ethereum Usecase is high and after every dump big whales will accumulate it in big quantity.

this is right, ethereum is among some coins that's gonna get bagholded by the whales even if it lost its value, there are simply too many quality token running in this platform that I doubt it could someday failing, of course there always possibility for that but I think ethereum will be far from that, if there's bullrun, ethereum will show its tremendous potential like btc, so I think it's still good investment even with all these TA that shows ethereum weak.

[Hypnosis00]

Ethereum is now looking so bullish. Some weeks ago there was chance to down Ethereum to 800$ and I was waiting for it but market turned into bullish and now it's price above 1300$ which is plus point fir this who already took entry. Ethereum Usecase is high and after every dump big whales will accumulate it in big quantity.

With a few pumps, I don't consider it bullish but just normal price interactions when the demand increases. But of course, we know the potentiality of this project and we know that ETH is here to accompany Bitcoin which means that once BTC grows it certainly affects ETH as well. Well, whales can possibly make an effect and could somehow change the trend but I don't care about it because they can't fully control ETH. The dump and pump situation that we see today couldn't be enough to think that ETH is now in the hands of the whales but I see this very usual thing to see in the market.

[crzy]

Ethereum is now looking so bullish. Some weeks ago there was chance to down Ethereum to 800$ and I was waiting for it but market turned into bullish and now it's price above 1300$ which is plus point fir this who already took entry. Ethereum Usecase is high and after every dump big whales will accumulate it in big quantity.

It's unexpected to see Ethereum bullish and that's a crypto which is hard to predict,
but for now I think the market is still bearish and maybe will head to bullish,
this is certainly interesting and let's see it later in the future.

The current pump is fully influenced by Bitcoin and as long as Bitcoin is pumping, altcoins will follow and there’s a high possibility for ETH to follow that as well. The chart might look week but it can be changed easily because ETH is unpredictable and for me, it is still one of the best altcoin to hold today. Bull run will be a good opportunity for ETH again, so better to get some some its cheap remember we are on a cycle and the next cycle is to pump.

[TimeTeller]

Ethereum is now looking so bullish. Some weeks ago there was chance to down Ethereum to 800$ and I was waiting for it but market turned into bullish and now it's price above 1300$ which is plus point fir this who already took entry. Ethereum Usecase is high and after every dump big whales will accumulate it in big quantity.

this is right, ethereum is among some coins that's gonna get bagholded by the whales even if it lost its value, there are simply too many quality token running in this platform that I doubt it could someday failing, of course there always possibility for that but I think ethereum will be far from that, if there's bullrun, ethereum will show its tremendous potential like btc, so I think it's still good investment even with all these TA that shows ethereum weak.

Ethereum network is one of the remaining quality and solid networks out there.
So as we have seen, even at its bearish position, many investors were trying to accumulate this project.
And as we have seen right now, as btc goes up, ETH also goes up.
So I don't think the target of 500-700 USD by the OP will still happen for ETH.
It seems that we will be surpassing the 20k mark for btc, and so with ETH, it will go up more than $1500 very soon.

[Woodie]

Hi guy I drew chart, I know I am not expert but I will say that I will say that In start of new year Bitcoin is looking weak and that's not good for the Cryptocurrency makret.

Usually around this period trading volumes are low too because investors, retail traders and pretty much everyone are off their charts and spending time with family and friends but come mid January price usually has that punch to get back on track as people get back into the markets.

I have seen that Bitcoin is looking too weak, and also volume is also going too much down and also down and that will draw short people to go down more dropped. Let's see what will happen with Ethereum in coming days. I am waiting to buy Ethereum at 500-700 dollars Rnage when it will come.



So what you guys will say if there are some experts. We cannot project anything full clear but we can say that at least technical analysis wouod be great.

Chart markings look good keep it up and that bottom where price was expected to go apparently did hold up well and looks like market swept all the sell side liquidity around the $1k region and at the time of writing this markets are looking bullish...

[Chainsmokers]

Ethereum is now looking so bullish. Some weeks ago there was chance to down Ethereum to 800$ and I was waiting for it but market turned into bullish and now it's price above 1300$ which is plus point fir this who already took entry. Ethereum Usecase is high and after every dump big whales will accumulate it in big quantity.

this is right, ethereum is among some coins that's gonna get bagholded by the whales even if it lost its value, there are simply too many quality token running in this platform that I doubt it could someday failing, of course there always possibility for that but I think ethereum will be far from that, if there's bullrun, ethereum will show its tremendous potential like btc, so I think it's still good investment even with all these TA that shows ethereum weak.

Ethereum network is one of the remaining quality and solid networks out there.
So as we have seen, even at its bearish position, many investors were trying to accumulate this project.
And as we have seen right now, as btc goes up, ETH also goes up.
So I don't think the target of 500-700 USD by the OP will still happen for ETH.
It seems that we will be surpassing the 20k mark for btc, and so with ETH, it will go up more than $1500 very soon.

Indeed, with the price of Bitcoin slowly starting to rise it will also affect the price of Ethereum,
when Bitcoin is back up i think the bearish will end but we never know what will happen next,
just follow the development so that it is clearer.

[len01]

-snip

the current market recovery doesn't mean it's a bearish end, sometimes it's just a cycle. let's look back from a few years ago before the market started to be bullish.
every previous bullish there will definitely be a bearish pass and usually it will run for 3 years or 4 years and that happens after the halving.
well, from that speculation we can conclude that the possibility of this market recovery is only temporary and not the end of the bearish. we will still go through a second recession or go through bearish for another 3 years, IMO

[fullhdpixel]

Usually around this period trading volumes are low too because investors, retail traders and pretty much everyone are off their charts and spending time with family and friends but come mid January price usually has that punch to get back on track as people get back into the markets.

Hmm this could be true. People still have a little hangover over their past new year's celebration and some of them haven't returned yet from their vacation. Fast forward, we are now in the middle of January and as you predicted, the price is now doing well once again. It's in fact better than on what we have last time. He said a weak BTC or price isn't good in the market. I think he forget that a weak price do also have its advantage.

Yes, and that is people can invest at a greater amounts. I also think that he is confused as his title said Ethereum but the chart that he drew is said to be for BTC, unless he thinks it will have an impact with ETH.

[Gladitorcomeback]

It's reality that price goes ups and downs and it is indicated that all the users who holds ethereum and bitcoin does not have big loss. If they sell it when the price is low so it is their own fault otherwise I will suggest that never sell your coin at dumping price. Now the market is not in dump instead it seems to be enhance more in coming months.

The price of ethereum and bitcoin is increasing all those who desires to take benefit from cryptocurrency trading and investment should buy these two coins.

Everyone knows that price highly fluctuates because market not always in pump but waiting is necessary. The time you see the price is that time when market was in dump but now you can see that price of bitcoin is elevated and if price of bitcoin increase all others tokens also increase as well.

[fmz89]

I do believe the next bullrun leading by eth after eth.2 roadmap complete and the first big steep is near. For speed tx thats eth at the moment rely on layer 2. After sharding complete. Layer 2 goona be obsolete if they dont do anything beyond speed. Dunno about fees. Need to real world test bench. The biggest smart contract will be the fastest once again. And many Americans love eth beside btc.