According To me Ethereum Looks Weak

[Marykeller]

Ethereum and bitcoin appeared to be weak at the start of the new year, but as January rolled on before the end of January, their prices sharply surged. Since then, the crypto market has had a significant recovery, giving Ethereum and bitcoin a stronger appearance than previously. Ethereum currently costs $1,670 while the price of bitcoin is $23200 plus.

Waiting for the price of Ethereum to drop to $500–$700 before investing is now an impossible price because the price of Ethereum will not fall to that level. If you have the money, you should invest right away rather than waiting for Ethereum to reach your desired price of $500-$700

[kenshi222]

It was very confusing one on your statement.Because Ethereum is like a queen in the crypto currency.Even after huge crypto currency comes to the market.Ethereum keep their second place.Binance smart chain became a more usable one for the transaction now a days.But till now many projects had their usage in the Ethereum without any partial.People with wide knowledge in crypto currency had their crypto holding till now.Because their will be huge rise in Ethereum at the time of good pump in the price of bitcoin.

[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.

this is why i keep telling my friends that if they are not ready for sideways then never invest in crypto because surely they will be disappointed .
how many times that the market fluctuate and brings us losses? but eventually in the end of each year or best in every halving? we are gaining more and more .
ETH is one of the most trusted cryptocurrency so if you can avail keeping it long term then you'll surely find what you are waiting for.

[sha420hashcollision]

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.

this is why i keep telling my friends that if they are not ready for sideways then never invest in crypto because surely they will be disappointed .
how many times that the market fluctuate and brings us losses? but eventually in the end of each year or best in every halving? we are gaining more and more .
ETH is one of the most trusted cryptocurrency so if you can avail keeping it long term then you'll surely find what you are waiting for.

Trusted CryptoCurrency is an OXYMORON.
If I cannot independently verify it, it's a scam!

[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.

this is why i keep telling my friends that if they are not ready for sideways then never invest in crypto because surely they will be disappointed .
how many times that the market fluctuate and brings us losses? but eventually in the end of each year or best in every halving? we are gaining more and more .
ETH is one of the most trusted cryptocurrency so if you can avail keeping it long term then you'll surely find what you are waiting for.

Trusted CryptoCurrency is an OXYMORON.
If I cannot independently verify it, it's a scam!

so can you verify Ethereum then? 

going back to the topic ,  I am supporting Ethereum because  had been using this for couple of years now , iN my gambling activities and some online Payments but of course it is Bitcoin that I still trust the most and will  support for another many years.

[dragonvslinux]

Well I guess the original TA didn't age well, but I do find an argument for Ethereum looking weak. While it's USD value will likely continue higher alongside Bitcoin (if they are both to rise), I do see ETH/BTC returning to the 2022 lows around 0.05 BTC. Although the consolidation near the highs for almost two years has looked good, the momentum appears to be fading, and there has been lower highs since 2021.



To clarify, I'm not suggesting that Ethereum will go to $500/600 like some bears, it does appear more likely to go back above $2K, but at the same time fail to keep up with Bitcoin. Very much similar to 2019 when Ethereum had bottomed out at around $100, even rising to $300, while at that same time it broke the lows again against Bitcoin and dropped 35%. As while ETH went up 200%, Bitcoin had increased by 350%.

I also don't see a 25% drop in Ethereum's BTC price to be all that drastic. We saw the same in 2022 before a rebound to highs. It would also be reaching it's 200 Week MA for support which would be healthy. Also as nobody is really talking about altcoins losing value to Bitcoin yet, again very similar to 2019, when everyone begun speculating on alts again but 99% failed to keep up with the no.1 as it rallied back to $14K.

[Xal0lex]

Waiting for the price of Ethereum to drop to $500–$700 before investing is now an impossible price because the price of Ethereum will not fall to that level. If you have the money, you should invest right away rather than waiting for Ethereum to reach your desired price of $500-$700

I agree, $500 for ETH looks too unrealistic, ETH's historical chart is always bullish, just like bitcoin, so each new bottom is higher in price than the previous bottom. Waiting for ETH at $500 is equivalent to waiting for bitcoin at $3,000. You can wait for the whole trend and not make any profit, but you should consider more realistic prices. If it turns out that the bearish trend is gone, the price of $1,100 for 1 ETH will be out of reach, not to mention the lower values.

[AmoreJaz]

Waiting for the price of Ethereum to drop to $500–$700 before investing is now an impossible price because the price of Ethereum will not fall to that level. If you have the money, you should invest right away rather than waiting for Ethereum to reach your desired price of $500-$700

I agree, $500 for ETH looks too unrealistic, ETH's historical chart is always bullish, just like bitcoin, so each new bottom is higher in price than the previous bottom. Waiting for ETH at $500 is equivalent to waiting for bitcoin at $3,000. You can wait for the whole trend and not make any profit, but you should consider more realistic prices. If it turns out that the bearish trend is gone, the price of $1,100 for 1 ETH will be out of reach, not to mention the lower values.

eth is in the top 2 of cryptocurrencies, so it hard to see this will go down to 500-700 level again. but the possibility is always there, however, as of the moment, you need to be realistic with your targets. and it is saying that if you will wait such level, it means, you are not interested in investing in this top 2 alt.
it may be weak for some, but just think of other new alts and you will tell yourself that eth is a very strong project to invest with as compared to these meme tokens and other pump and dump projects.

[jaberwock]

eth is in the top 2 of cryptocurrencies, so it hard to see this will go down to 500-700 level again. but the possibility is always there, however, as of the moment, you need to be realistic with your targets. and it is saying that if you will wait such level, it means, you are not interested in investing in this top 2 alt.
it may be weak for some, but just think of other new alts and you will tell yourself that eth is a very strong project to invest with as compared to these meme tokens and other pump and dump projects.

The value of ETH isn't that huge and I think ETH already drop massively during the peak of the bear run last year. I am not only sure though if that price you guys are talking about were hit already or not but there are still people who bought a lot of ETH during those times.

There is no need to be greedy and wait for a lower price because sometimes it will only lead to regrets and like you said Ethereum isn't just a nobody but it is like Bitcoin too but only in the altcoin category. There is still next time anyway if not last or this time. Once this bull run has passed, there will be another bear season again and who knows the 500 to 600 dollar assumption of some people are now going to be achieved for real.

[MusaPk]

Ethereum and bitcoin appeared to be weak at the start of the new year, but as January rolled on before the end of January, their prices sharply surged. Since then, the crypto market has had a significant recovery, giving Ethereum and bitcoin a stronger appearance than previously. Ethereum currently costs $1,670 while the price of bitcoin is $23200 plus.

Waiting for the price of Ethereum to drop to $500–$700 before investing is now an impossible price because the price of Ethereum will not fall to that level. If you have the money, you should invest right away rather than waiting for Ethereum to reach your desired price of $500-$700

That decline in price must be taken as an opportunity to invest, this price ks still good enough to invest. Bitcoin was down to 16k$ before rebounding to current value of 23k$. Ethereum and all other alt prices are linked with bitcoin price moment. There were predictions that Ethereum will jump to new heights after switching to PoS from PoW but that never happened. Just wait for next bitcoin bull run and every alt will run with it.

[Stedsm]

The move was a great opportunity (it even went to near $850) and still people were thinking it'd fall more and waiting for another good price to buy it. Later on, the markets stabilized and the start of the year wasn't good enough but the charts developed very well with the time and all major coins went up around 50% and other alts went up even 10-20 times. I believe that current prices are also a very good opportunity to be dealt with and even buy some great projects' tokens in order to make great profits.

[Charmekkd]

ethereum is altcoin no 1 for now.
and I'm a beginner in crypto so I can't understand more about charts, and I also can't predict.
but in my opinion we should not think too much about it. because in reality the market is difficult to predict. and what is clear is that ethereum and bitcoin are good future assets.

and if we invest for the long term in ethereum and bitcoin it will definitely have good potential for the future.

[Xampeuu]

Ethereum and bitcoin appeared to be weak at the start of the new year, but as January rolled on before the end of January, their prices sharply surged. Since then, the crypto market has had a significant recovery, giving Ethereum and bitcoin a stronger appearance than previously. Ethereum currently costs $1,670 while the price of bitcoin is $23200 plus.

Waiting for the price of Ethereum to drop to $500–$700 before investing is now an impossible price because the price of Ethereum will not fall to that level. If you have the money, you should invest right away rather than waiting for Ethereum to reach your desired price of $500-$700

That decline in price must be taken as an opportunity to invest, this price ks still good enough to invest. Bitcoin was down to 16k$ before rebounding to current value of 23k$. Ethereum and all other alt prices are linked with bitcoin price moment. There were predictions that Ethereum will jump to new heights after switching to PoS from PoW but that never happened. Just wait for next bitcoin bull run and every alt will run with it.

to wait until the price is $ 500-$ 700 I think it's still difficult considering we know there is strong support in the $ 1000 area, unless bitcoin crashes back below $ 16k, most likely other altcoins will follow including ethereum which is closest to bitcoin, of course the movement will follow bitcoins. therefore I think it's the same as bitcoin, we start buying it now with the aim of long-term investment is not a problem

[sha420hashcollision]

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.

this is why i keep telling my friends that if they are not ready for sideways then never invest in crypto because surely they will be disappointed .
how many times that the market fluctuate and brings us losses? but eventually in the end of each year or best in every halving? we are gaining more and more .
ETH is one of the most trusted cryptocurrency so if you can avail keeping it long term then you'll surely find what you are waiting for.

Trusted CryptoCurrency is an OXYMORON.
If I cannot independently verify it, it's a scam!

so can you verify Ethereum then? 

going back to the topic ,  I am supporting Ethereum because  had been using this for couple of years now , iN my gambling activities and some online Payments but of course it is Bitcoin that I still trust the most and will  support for another many years.

No and your stubborn ignorance is SO COMMON amongst Ethereans that it doesn't surprise me one bit you think that the ability to VERIFY TRANSACTIONS INDEPENDENTLY is not a highly necessary quality of usable crypto-currency. Ethereum will be dumped into the trash where it belongs.

[kotajikikox]

Prices you are looking for might never come. Better buy it right now, at least with portion of capital so you don't miss the opportunity that we have currently.

Ethereum is highly adopted, shanghai upgrade in March, deflationary supply plus its pos now — the more people stake, even more scarce it becomes.

If he did follow you advice then maybe he is in good position now because there are  good action in Ethereum these past few weeks.

but since he is not believing in ETH anymore then maybe he changed his way of investing and chooses different currency to invest.

[someone703]

ethereum is altcoin no 1 for now.
and I'm a beginner in crypto so I can't understand more about charts, and I also can't predict.
but in my opinion we should not think too much about it. because in reality the market is difficult to predict. and what is clear is that ethereum and bitcoin are good future assets.

and if we invest for the long term in ethereum and bitcoin it will definitely have good potential for the future.

You have a fairly positive view of ETH in this market and this is always necessary in the investment process. However I want to share this, skills in the market are never superfluous even technical analysis to predict trends gives us visualizations of possible cases. And this market is still so small that its volatility makes it difficult for many people to adapt, as their assets can evaporate in a short time. And in the case of ETH over the years, I think investing with it is gradually like BTC, when it's just a matter of people's patience when participating.

[Boomber]

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.

yes, in my opinion Ethereum will remain the best and most popular blockchain, because until whenever Ethereum will remain top 2 on coinmarketcap, so the price will continue to increase, so if the next bull run occurs, then of course the price of Ethereum will definitely make a new ATH price .

[ElmedoRator]

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.

yes, in my opinion Ethereum will remain the best and most popular blockchain, because until whenever Ethereum will remain top 2 on coinmarketcap, so the price will continue to increase, so if the next bull run occurs, then of course the price of Ethereum will definitely make a new ATH price .

Many newcomers to this market may not be familiar with it, or they are led by information from competitors to Ethereum. However we are all seeing what's going on in the market, the volatility in price I can understand it makes people doubt or believe in the market, with ETH after many years I see it only. maintaining its position as the most powerful altcoin in the market, so even if the price fluctuates, the recovery and growth of this market, its price momentum is still very good. In general, I personally think ETH will maintain its existing position in the future, especially with the positive changes in the past time, I think that there is no need to pay attention to the bad news related and simply it will also be profitable for us if patience is maintained.

[btc78]

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.
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.

better to join this account as both of you seems not trusting Ethereum https://bitcointalk.org/index.php?topic=5414671.0 , why need to crease some post like this? if you think Ethereum is weak then leave from that coin.
there are so many currencies to trust why need to say these words against ethereum when there are so many people who trusted this?

[beerlover]

better to join this account as both of you seems not trusting Ethereum https://bitcointalk.org/index.php?topic=5414671.0 , why need to crease some post like this? if you think Ethereum is weak then leave from that coin.
there are so many currencies to trust why need to say these words against ethereum when there are so many people who trusted this?

But why?, Is creating post like this wrong? I guess not but these peeps are only giving their own opinion on some cryptos. There's even posts here who are much worser than them like shilling and scams. If you think that these posts are like a FUD, well you must not be affected with it because you don't look like a newbie on here.

FUDs are also normal on crypto but as long as we have a faith and some knowledge on the coin that we hold, we will only ignore them. If you will read his post again. He mentioned that he will buy ETH. I think you only misunderstood what he was saying there because he was also a supporter of this coin.