Ethereum has been stuck around $3200 for quite some time

[Sophokles]

This happens due to the uncertainty of the ETH ETF approval. I don't want to say uncertainty, as speculators already cash out for a possible ETH ETF rejection like they did with BTC ETF approval. This is the reason the price of ETH is not performing as it should compared to BTC. If the ETH ETF gets rejected, there won't be a bigger impact on the market as the speculator has already made their move by selling the rumors. Perhaps it won't be now but gradually ETH ETF will also be approved.

[Bulltard]

its price in $ doesn't matter much. what matters is that it's getting raped against btc.
What it needs is for the etf speculations to end. what it needs is for its foundation to stop dumping whenever it needs money to "build". what it needs is more utility.
what it needs is for eigenlayer and the whole restaking shit to be real progress and not just money makers for greedy devs. what it needs is for solana to stop being degen's favorite chain.
what it needs is for btc to go full bull and then stop because that's how the money flow goes. btc-->eth-->alts

[poodle63]

This happens due to the uncertainty of the ETH ETF approval. I don't want to say uncertainty, as speculators already cash out for a possible ETH ETF rejection like they did with BTC ETF approval. This is the reason the price of ETH is not performing as it should compared to BTC. If the ETH ETF gets rejected, there won't be a bigger impact on the market as the speculator has already made their move by selling the rumors. Perhaps it won't be now but gradually ETH ETF will also be approved.

there are so many fuds around, shitting on ETH saying that the ETF won't get approved because ETH has held ICO in the past, well i don't know whether it could even affect the ETF approval anyway.
but I think ETF does indeed have much influence over the market of ETH.
its now just full of uncertainty and doubt with the market of ethereum, i'm even thinking maybe dumping my bag just to convert but i believe that there will be rainbow eventually.
this news of ETF really shaking the market around, but can't deny the fact that the market right now is not as bullish as it was, probably due to people getting bored.
but i'm sure that its mainly caused by massive fuds everywhere and the fact that probably whales are cashing out for some reasons.

[bitterguy28]

you are worried about 3200 price of ethereum so what more now?
https://coinmarketcap.com/currencies/ethereum/ as ethereum continue to drop at 3k mate 


Dont worry mate because you will get what you are waiting in right time but for now better to keep your funds on hold like what we are doing because we cannot cater to sell for now , from the dumping market and also with the fee going crazy also

Instead on making yourself that aiming or minding too much with those numbers, it would really be that better that you should really be making some buybacks or accumulation specially the price now is really that going down on which it would really be that understandable yet we are dealing on an unpredictable market on which its really that something that you do make yourself that accept out the fact or else you would be finding yourself that impulsive on the time that you would be seeing those dropping prices. When it comes to potential price of ETH then we've seen that it do have that higher ATH compared to 3k. I dont know on why
people or OP is really just that aiming for 3.2 but well if doing some short term trades then it would really be a normal approach.

There are really just that those people who are really that skeptical whenever the market drops on which its not really that shocking anymore. Only to those who are mindful
about their actions would really be aware on whats happening around.

Don't worry , this is my funds so i can do anything what i wanted and what i do believe . others are planning to buybacks or buy low sell high but I will be focusing in my holding for now.
because anyway I only have small amount of Ethereum because i am focusing in accumulating bitcoin these days at least till bull comes.

[Sebas.tian]

It is true that this has happened, but in my opinion this will not affect the future development of ethereum, because ethereum is an altcoin that has a very high market capitalization and popularity, so something like that will not affect its movement, it is possible that it will happen because there is a slight market correction, and I see so far no impact whatsoever on ethereum.

I don't think, it will affect the future of Ethereum because it moved during the bullish season along side with Bitcoin that made many investors to achieve a passive income from Ethereum before the price decrease to $3200 few weeks ago. Ethereum is the most altcoin that has high population in the market and the team behind Ethereum are very strong, which they will not allow the coin to go through some challenges that will make their population to decrease in the bearish season, because there are some new investors who are planning to invest in Ethereum when the price decrease to their satisfaction. If you are holding Ethereum, you don't need to be panic, because it will not collapse like other altcoins that has collapsed for other potential altcoins to take over their position.

[rodskee]

he choose altcoin speculation board instead. Moving on... in the crypto market it's known that BTC controls everything but there are still times that some coin can move on their own, especially if people find something interesting on them like if they release a nice update. So why not? And maybe that is what he is after.

Not sure if what we are saying here is what Op tend to say but yeah let him post in any forum/section
he wanted because the admin will surely act if this is in the wrong board.

ETH have undergone a lot of updates but he is wondering if what is still missing for it to break new limits. If he is badly affected by the performance of ETH, then actually I don't think he will buy more but he might be thinking of selling his coin and transfer to a much better one.

the main problem in Ethereum network now is the high fee still and has been the issue for quite
some time now.
maybe the Dev should act on this accordingly , and another thing is that 3200 is just an easy
target for ethereum once the bull have arrived.