ETH comes down so much what is the main reason?

[Azharul]

We know that ethereum is a very prefer and technological coin in the cryptocurrency world.We also know that it's the best valuable crypto after bitcoin.So we know that cryptocurrency market is depending on up and down.So some time we look the market is down.But in the next time we can see that market is pumping.So i trust that ethereum price will increase in future more and more.

[masudginanjar]

No, Ethereum will not go down so much because Ethereum will continue to be contested by all traders and investors until the best time for us to see the sun shining brightly in the morning because of the effect of the price of Ethereum being so expensive.
Ethereum is seen from now on very expensive and it looks like a rainbow because Ethereum is really the number 2 coin on Coinmarketcap which has a price above 4500 USD. Extraordinary !

[Tunir Baap]

If you are an Ethereum holder and you observe the current market of Ethereum, you will probably be very happy Because at the moment the price of etherium is pumping but much more. A few days ago, the market for etherium suddenly went down a lot, but recently it has been seen that the etherium gelas has recovered very soon.I think Etherium will keep up with its price increase.

[Meta]

The market price of Etherium is now not stopping but not going down but the market price of Etherium is going up straight.The current market price of Etherium is 4810$.Which is almost twice as much as in the past.However, we can expect that the price of etherium will increase further from this situation.

[RSRS]

The etherium coin ranks second in terms of tops All the coins or tokens in the market are pumped No tokens or coins remain stable This is their religion.A review of the etherium coin shows that it is only improving day by day, although at times it is dotted and then covers it later.Etherium is known as a very popular platform So the future of Etherium Coin is likely to be much better If etherium can be bought and held for many days, it will be a good source of profit for them.

[kent47400]

There is no reason why Ethereum has dropped in price because Ethereum is purely up and down in price caused by cryptocurrency traders and I'm also sure if Ethereum goes down in price it will only last for a short time.
Just look at it now that the Ethereum cryptocurrency price has gone up so very expensive and even 200 USD is left for the price of Ethereum to reach the price of 5,000 USD, is that a cheap Ethereum coin price assessment ??

[therozaq]

Ethereum come down, because bitcoin is going down
thats normal, several altcoins have corrections.
When bitcoin has correction, we will see the big red market, almost all of market will become red.
I think It's the right time to buy more and hold it.
I sti believe we will see bullish at december this year.

[sacrotic]

We can call it volatility, simple but create many thing we can use to execute our strategy. I'm not fundamentalist so all plan depend technical and market history because find the truth reason is wasting time. We should see market habit and find the right time for our strategy, buy low sell high is the law so if down just buy or send all token into exchange but don't sell it ( wait the highest price ), simple is that.

[EthereumDev_]

The decline in the price of ethereum in my opinion is due to the influence of the bitcoin price movement which collapsed so that the price fell, it has been seen from some altcoins that they have also been affected by the collapse of the bitcoin price, so in my opinion stay alert to coin price movements in cryptocurrencies because it is not easy to predict.

[Cadaver20]

Crypto market is highly volatile.  All investors know this. The market rises and falls at different times.  Giving this all a quick read, it seems we are pretty much in agreement. ETH dropped to $1700 and then again pumped to $5000. So don't panic.

[Alcor]

In May, there was a large drop in the entire cryptocurrency market, so ethereum fell from about $ 4,700 to the indicated $ 2,300. We see that the price of this coin has recently risen again even above the maximum values, but the cryptocurrency market has again gone into correction, and it may be bearish for some time ...
Overall, ethereum has risen quite well over the past year, so I see no cause for concern. We need to wait for the end of its current update. Then ethereum growth will be cosmic.

[Abdulcrypto784]

due to omicron variant of covid 19 all markets is going down. Its global factor. after this period i hope eherium prices up rise.
 

[Afony]

There is no need to worry about such a strong fall, as we have already seen, it will recover later, this is a simple correction of the entire market. Market fluctuations must be how traders earn on small market jumps.

[cheezcarls]

As of now, looks like ETH will be treading water between $3,700 to $4,000+. We still have a few days left before the New Year. We just don’t know the reason though because we’re not controlling the market price. It’s very unpredictable so it’s better that we know how to manage our risks financially.

[syedrasool2011]

When market is bearish every coin dump not ethereum but now candle is looking good It will pump to 4500$ soon nothing is impossible in this world any thing can happen in future.