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Ethereum Forum / Re: Why is Ether (ETH) price up today?
« Last post by Litzki1990 on Today at 06:39:55 AM »Since the market of Ethereum is directly dependent on the price of Bitcoin, when the price of Bitcoin falls, it is likely that the price of Ethereum will fall. The market has been positive for a long time and from the market positive for a long time now the market has dumped a bit and by dumping a bit the market is trying to settle in that position. If the market stays in its current position then we don't need to worry too much about this market as the market can go up again from here. But the concern is that if the market can't hold its position and if the market takes a big dump again, it will be very difficult to reach the previous position of the market.In my opinion, the price of ethereum will only experience a correction in the next few months, the price will be slightly cheaper than now. Maybe at that time we can buy ethereum, but if we want it to be cheaper we wait until the bearish season which is likely to occur at the end of next yearUnfortunately we don't know when bearishness will occur again, because so far the price of bitcoin seems to always have strong support so whales have difficulty making the price of bitcoin collapse. If at the end of next year the price collapses then it will still be too long to buy.