Ethereum Has Just Fallen

[MelliCrystal]

the market is pretty wild now but i'm gonna trade anyway.

[sampoerna]

Many complain about this, ethereum's recovery seems slow. BNB and Solana show good progress in the market, fortunately I still hold those two coins because I believe coins like solanan, BNB and TON will recover faster than ethereum, because after the ethereum ETF was approved it did not show a good impact, this is what makes me doubt ethereum at this time.

Yes, indeed, if you look at the increase and decrease in the price that is quite significant that occurred on Ethereum, but it has not been able to really return to normal, we can conclude that the development of the ETH price is quite slow.

Especially this week, it is a very sad week for Ethereum. Because compared to the last week of August, the price of ETH really plummeted by more than 10%. This is the deepest drop compared to the prices of BTC, BNB, and also SOL. Even though it usually doesn't look like this.


https://coinmarketcap.com/

[nakmantu99]

Yes, indeed, if you look at the increase and decrease in the price that is quite significant that occurred on Ethereum, but it has not been able to really return to normal, we can conclude that the development of the ETH price is quite slow.

Especially this week, it is a very sad week for Ethereum. Because compared to the last week of August, the price of ETH really plummeted by more than 10%. This is the deepest drop compared to the prices of BTC, BNB, and also SOL. Even though it usually doesn't look like this.

Ethereum looks sad this week but this is good news for those who still have money to buy ethereum, because ethereum is predicted to reach ATH $ 5K next year, some even dare to predict the price of ethereum will reach more than $ 7K next year. We don't need to target the price of ethereum too high, I also plan to sell my ethereum if it reaches the price of $ $ K, because for me that price is still reasonable. if it is too high and does not reach it, we are afraid that we will be disappointed. LOL

[Parzival204]

In my opinion, ethereum is still strong in maintaining its position in the highest altcoin. Even though BNB and others are also popular, in my opinion, ethereum is difficult to compete with other coins. considering that ethereum has continued to increase over the last few months

[MUGNIA]

Seems to me that Ethereum has been a major victim of circumstances this month of August as it fell around $2100 level before rebounding to where it is now at $2229. Together with Bitcoin and even the whole cryptocurrency industry, we are experiencing a sea of red waves that may be taking some roots for some days as there is a fear of recession for USA and global economy that can surely affect more.

I am just wondering...should we not expect the cryptocurrency industry to be doing fine if there can be recession? I think the answer is that this industry has not yet been decoupled with things happening - good or bad - with the actual economy.

Anyway, do you think that eventually Ethereum will be making a big comeback most especially that we already have ETFs for the said digital asset?

I believe ETH will rise again later, even though ETH is currently experiencing a decline, but it doesn't matter, it will definitely rise again. When the market improves and there is not too much negative news about crypto, all crypto values ​​will definitely return, especially since the bullrun is coming soon.

[rizqillah]

Seems to me that Ethereum has been a major victim of circumstances this month of August as it fell around $2100 level before rebounding to where it is now at $2229. Together with Bitcoin and even the whole cryptocurrency industry, we are experiencing a sea of red waves that may be taking some roots for some days as there is a fear of recession for USA and global economy that can surely affect more.

I am just wondering...should we not expect the cryptocurrency industry to be doing fine if there can be recession? I think the answer is that this industry has not yet been decoupled with things happening - good or bad - with the actual economy.

Anyway, do you think that eventually Ethereum will be making a big comeback most especially that we already have ETFs for the said digital asset?

I believe ETH will rise again later, even though ETH is currently experiencing a decline, but it doesn't matter, it will definitely rise again. When the market improves and there is not too much negative news about crypto, all crypto values ​​will definitely return, especially since the bullrun is coming soon.

Ethereum will go up if bitcoin price goes up, and that's what we will always see. In the crypto market almost all alycoins always follow bitcoin. And I think this is the right time to buy ETH and we hold it until the ethereum price increases. We can use the medium term method or long term hold until the bullish season next year.

[pieppiep]

Seems to me that Ethereum has been a major victim of circumstances this month of August as it fell around $2100 level before rebounding to where it is now at $2229. Together with Bitcoin and even the whole cryptocurrency industry, we are experiencing a sea of red waves that may be taking some roots for some days as there is a fear of recession for USA and global economy that can surely affect more.

I am just wondering...should we not expect the cryptocurrency industry to be doing fine if there can be recession? I think the answer is that this industry has not yet been decoupled with things happening - good or bad - with the actual economy.

Anyway, do you think that eventually Ethereum will be making a big comeback most especially that we already have ETFs for the said digital asset?

I believe ETH will rise again later, even though ETH is currently experiencing a decline, but it doesn't matter, it will definitely rise again. When the market improves and there is not too much negative news about crypto, all crypto values ​​will definitely return, especially since the bullrun is coming soon.

Ethereum will go up if bitcoin price goes up, and that's what we will always see. In the crypto market almost all alycoins always follow bitcoin. And I think this is the right time to buy ETH and we hold it until the ethereum price increases. We can use the medium term method or long term hold until the bullish season next year.

I think Investments require a specific moment in a market tend to be more effective but only when done mathematically. A medium or long-term approach enables one to capitalize on favourable market signals while avoiding situation being overwhelmed by short run fluctuations. However, with the possibility of projected increases, the right decision in investments can produce heft income.

That way, holding assets until the right moment also frees up investors to be cooler in the face of inevitable market swings. Nevertheless, it is inevitable to pay constant attention to the market conditions in order to make certain that decisions being taken are in reference to the situation as it progresses together with the set goals.

[malah]

Seems to me that Ethereum has been a major victim of circumstances this month of August as it fell around $2100 level before rebounding to where it is now at $2229. Together with Bitcoin and even the whole cryptocurrency industry, we are experiencing a sea of red waves that may be taking some roots for some days as there is a fear of recession for USA and global economy that can surely affect more.

I am just wondering...should we not expect the cryptocurrency industry to be doing fine if there can be recession? I think the answer is that this industry has not yet been decoupled with things happening - good or bad - with the actual economy.

Anyway, do you think that eventually Ethereum will be making a big comeback most especially that we already have ETFs for the said digital asset?

I believe ETH will rise again later, even though ETH is currently experiencing a decline, but it doesn't matter, it will definitely rise again. When the market improves and there is not too much negative news about crypto, all crypto values ​​will definitely return, especially since the bullrun is coming soon.

Ethereum will go up if bitcoin price goes up, and that's what we will always see. In the crypto market almost all alycoins always follow bitcoin. And I think this is the right time to buy ETH and we hold it until the ethereum price increases. We can use the medium term method or long term hold until the bullish season next year.

Crypto investments are not an exception, thus the process should be well thought out with laid down strategies. This way they are in a position to capitalise on opportunities, because they keep an eye on emerging trends, they work under the understanding that there are always risks involved. Having long-term visions when dealing with cryptocurrencies means being able to wait for big returns in future. Besides, we have to ensure we are informed of any information concerning market movements and make sure our decisions of the market are well informed. So, using consistent steps, we propose such an investment plan that creates the maximum rates reflecting the goals developed with our cooperation.

[vegasus]

In my opinion, ethereum is still strong in maintaining its position in the highest altcoin. Even though BNB and others are also popular, in my opinion, ethereum is difficult to compete with other coins. considering that ethereum has continued to increase over the last few months

Yes, indeed compared to other altcoins, there is no doubt that Ethereum is still the strongest and the top. In this case, some altcoins may claim to be the next ETH or even want to take over ETH, but that has not happened even until now. ETH still remains as the best altcoin.

but what is at issue here is the price movement, compared to some top altcoins, the increase in ETH's price is not as significant as others.

[bitterguy28]

but what is at issue here is the price movement, compared to some top altcoins, the increase in ETH's price is not as significant as others.

there are so many other altcoins out there that are attracting a lot of attention because of its rapid growth but despite its price increase no altcoin was able to reach ethereum still

even though solana has been named as ethereum killer if we were to just base off of price we can see that ethereum is still the more popular out of the two so it’s not like it’s crashing down it’s price isn’t just growing as fast as other projects

[rizqillah]

In my opinion, ethereum is still strong in maintaining its position in the highest altcoin. Even though BNB and others are also popular, in my opinion, ethereum is difficult to compete with other coins. considering that ethereum has continued to increase over the last few months

Yes, indeed compared to other altcoins, there is no doubt that Ethereum is still the strongest and the top. In this case, some altcoins may claim to be the next ETH or even want to take over ETH, but that has not happened even until now. ETH still remains as the best altcoin.

but what is at issue here is the price movement, compared to some top altcoins, the increase in ETH's price is not as significant as others.

For last year, ethereum's movement in the crypto market, in my opinion, was not good, but ethereum remains the king of altcoins because it has not been replaced by others. However, many investors still hold ethereum so there is no doubt that with this coin, it is likely that next year ethereum will show good movement and reach its ATH.

[Stuart]

Seems to me that Ethereum has been a major victim of circumstances this month of August as it fell around $2100 level before rebounding to where it is now at $2229. Together with Bitcoin and even the whole cryptocurrency industry, we are experiencing a sea of red waves that may be taking some roots for some days as there is a fear of recession for USA and global economy that can surely affect more.

I am just wondering...should we not expect the cryptocurrency industry to be doing fine if there can be recession? I think the answer is that this industry has not yet been decoupled with things happening - good or bad - with the actual economy.

Anyway, do you think that eventually Ethereum will be making a big comeback most especially that we already have ETFs for the said digital asset?

Whence the crypto market faces a downward movement, every coin is affected and when there's a bull run, the entire market faces lots of green candles. So far in the 2024 bull run, ETH reached the ATH of $3,356 at Dec. 30, 2024.

We always experience three aspects of the market, which  include Bull run, consolidation/range and bear market.. These three always happens and the entire market flows with it. Most times, in the consolidation period, ETH will experience a gentle uptrend move and when Bitcoin faces a bull run, then will ETH pick the trend.

ETH has held a very strong foundation in the crypto currency industry and ranking over the years. This is because the project team are up and running for the up keep of the project in the ever competitive crypto ecosystem.

I have strong believe for the long run of ETH in the crypto industry, as they have created a foundation for lots of coins in the market to build on the ERC network, and still having potential for more projects to build on.

[debra]

We always experience three aspects of the market, which  include Bull run, consolidation/range and bear market.. These three always happens and the entire market flows with it. Most times, in the consolidation period, ETH will experience a gentle uptrend move and when Bitcoin faces a bull run, then will ETH pick the trend.

And we don't need to doubt or worry about Ethereum's ability to survive in the market, in fact, ETH has experienced worse things than now. It is very normal for the ETH price to fall so much because the market is also like that. And it is very natural in the downtrend era for this correction.

And for now, in the new year 2025, the market has temporarily started to improve, as well as the ETH price which is quite consistent at $ 3,310 - $ 3,359. It is not that significant, but still, green candles are starting to appear. ..

[Mia Chloe]

Yes, indeed compared to other altcoins, there is no doubt that Ethereum is still the strongest and the top. In this case, some altcoins may claim to be the next ETH or even want to take over ETH, but that has not happened even until now. ETH still remains as the best altcoin.
but what is at issue here is the price movement, compared to some top altcoins, the increase in ETH's price is not as significant as others.

Yes I actually do agree with that. Ethereum is still the top altcoin in the crypto ecosystem however it's still not performing like expected. There have been a couple of discussions in the past trying to compare other altcoins like Solana with Ethereum but the fact remains they are still way far from beating Ethereum both in price and core adoption.
Ethereums draw back is likely as a result of the flaws of its network of which I always suggest that unlimited supply is partly the problem.

[vegasus]

but what is at issue here is the price movement, compared to some top altcoins, the increase in ETH's price is not as significant as others.

there are so many other altcoins out there that are attracting a lot of attention because of its rapid growth but despite its price increase no altcoin was able to reach ethereum still

even though solana has been named as ethereum killer if we were to just base off of price we can see that ethereum is still the more popular out of the two so it’s not like it’s crashing down it’s price isn’t just growing as fast as other projects

Yes, it is true. Altcoins, especially new projects, can achieve glory in a very short time and with extraordinary hype, so that their prices increase very rapidly in a short time. However, it is true that even out of the many altcoins that have risen so drastically, only a few can continue to grow rapidly, the rest will actually fall when they have reached a plateau and cannot go back up. This is the limitation and also the weakness of many new projects that often prioritize hype, and not very high fundamental aspects.