Why ETH coin price comes down.

[kirshna01]

At this time due to the crisis in the world, there is confusion in the market, due to which there has been a recession in the market, due to which the value of ethereum has also fallen down.

[yashwant]

The reduction in the price of Ethereum at this time is favorable to the cryptomarket. You will see that at this time the entire crypto market has declined, and the decline in Ethereum is more than that in proportion to the decline in the market, so there is no need to be discouraged but to be patient.

[surendertakyaan70]

Ethereum is the second crypto currency after bitcoin. There are many reasons why Ethereum dumps. As ethereum may merge through whatever analyses. But the chances of this happening are slim. But no one can say that the merger can happen 100%. This upgrade is required. Because it reduces the consumption of Ethereum by 99%. According to the first data of the week, the price of Ethereum dropped below $1600

[Muneeb22]

At this time all the crypto market is down but soon the market go high. crypto is the world best market where peoples are change their life and this time all the market is down not just the ETH coin market is down but now we need to buy the ETH and hold that for a long term because soon the market go high and that time we need to sell our coin and make good profit through that.

[yashwant]

We saw that in the last few days, many concepts against cryptocurrency spread almost all over the world. And the crypto market is heavily influenced by rumours, whether for it or against it, causing the market to go up and down a lot. This was the reason for the huge fall in the market. Then how could Ethereum be untouched by it?

[Power420]

ETH’s price almost immediately began to plummet shortly thereafter. In the hours following the merge, ETH dropped another 8%, to $1,485.
Why? Some drop in ETH’s price was anticipated following the merge. ETH futures and options backwardation indicated, going into the event, that traders were preparing to “buy the rumor, and sell the news” of the merge, according to data from Glassnode in early

[Clearman]

Ethereum was down 22% for the week, and Bitcoin was down 10%. The declines echo a similarly down week in which overall economic metrics—ranging from the Consumer Price Index to traditional market indicators Nasdaq and the S&P 500—also fell.

[Dark Knight]

Ethereum has been underperforming bitcoin so far in 2022, which experts say could be due to building anticipation for the network’s transition from proof-of-work to proof-of-stake and a broader market retreat from risky assets.
Experts say the crypto market is reflecting heightened volatility that comes with war, continued surging inflation, and shifting U.S. monetary policy.

[Mahindra]

Currently all coins are getting dumped due to poor market conditions. It has been observed that the price of Ethereum coin has dropped more than before. This market has gone down a lot with Bitcoin But I think the market will pump again in the future.

[Evgenklm]

today, the entire market is in the red zone, not only ETH, although I thought that after switching to POS, ETH should have shown growth dynamics, but no...I hope this is another correction that will pass soon.

[Astra]

There is information that the reason for the current price drop lies in the increased risk of centralization and the possible pressure of financial regulators on coins with the PoS algorithm.
So, they write that Lido Finance and Coinbase together occupy 45% of the dominance in the network of these large players, and if two more exchanges (Kraken and Binance) are added to them, then the share increases to 60%.
Fuel is added to the fire by the chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, who, a few hours after the Ethereum merger, announced the possible recognition of PoS coins as securities. If the regulator is able to secure this status, it will require crypto trading participants to follow more stringent rules.
However, reasons and explanations can always be found. I think that the current ethereum price drop is temporary and in the future this coin will significantly strengthen its position, including the price.

[Cadaver20]

I think the drop in ETH coin price is only temporary. ETH coins will be pumped again very soon. It is normal that the market will occasionally correct. And because of the correction, many people get the opportunity to enter the market. So there is nothing to panic. The situation will improve very soon.

[pacar_tiri]

ETH coin is a good coin and it make a very good high almost 1335$ but now the ETH coin price is almost 1065$. Why the ETH coin price is down?

I think during bearish almost all of crypto currency will unstable.
Sometimes we will see pump or dump.
But I agree with several opinion here, better to buy when dump at bearish season then hold until pump.
We can gain profit from it.

[Afony]

How it can be determined at all because of what the market began to fall, most traders still do not know this. Of course, there are moments by which they determine the market, these are the sales of the assets themselves, and so they themselves follow the market.

[lepbagong]

at this time it seems that not only ethereum is going down but all coins are experiencing a correction due to bitcoin as a benchmark for all coins experiencing a free fall. if bitcoin goes down, it is certain that all coins will be affected, but if bitcoin increases not all coins can also increase, because usually the coins are not able to develop properly.
so there is no need to worry if ethereum has decreased, because indeed all coins have experienced it too, but ethereum has a very high chance of making ATH renewed during the bull market later.