Bearish Defi Tokens on Sept 21,2020

[Galley]

Some other defi projects like Jarvis Reward Token are also nose diving, personally i like most of these top defi projects but they just went up too quickly and seems like price will now settle to previous support price levels before making new move up.

Friends are all very positive about growth, but this situation can easily repeat the situation almost three years ago, only with bitcoin. Everyone was also optimistic then and waited for Bitcoin at 30k, but it quickly flew from 20k in the opposite direction and still has not won back that position. How do you like this scenario?

[xeroz]

Every coin or token whether it is DeFi or not will always face the fluctuating if it is not stable coins, That is why the decreased price is not a matter again. However, today, deFi projects are growing so high and many coins are coming. Will it really make the market concern only in deFi? or will it is only hype and then left by people after the hype is gone?

[tervel]

Any time an investor assumes his or her investment will grow just because other investments are growing, there is likely to be disappointment.For now, though, it seems that DeFi could be revving up into a truly revolutionary force.

[LogiC]

Almost all coins faced a decrease. But, how can you define that they are bearish? The fact for bearish is that they need a much longer time to decrease the price or rate in the market. So that we can't make it easy because DeFi is still on hype. If we are looking for promising coins, we can consider whether rit comes from DeFi or not.

Actually were are still on accumulation stage. Apart from bearish, there are some good news on ethereum lainching staking so it would be a far great opportunity to filled our wallet with staking. 32 eth staking is probably the most anticipating event that will occur aside from the defi hype.