Why Ethereum is underperforming?

[Primo1760]

We know that ethereum is the second position crypto in cryptocurrency market. We also know that ethereum is also most valuable crypto in cryptocurrency world. But unfortunately we saw that ethereum prices is underperforming position in this moment. Because we know that bitcoin price is very low down in this moment. So we also know that when bitcoin price will down, than ethereum price will be down. But when bitcoin price will high than ethereum price will be reach in high level. So i believe that in very soon ethereum price will increase gradually.

Yes we know that Ethereum is the second largest altcoin in cryptocurrency after Bitcoin. And I also think that Ethereum is a very valuable coin. But at the moment Ethereum has not changed much in price despite being the most valuable coin and the second largest cryptocurrency. We all thought that when the Bitcoin market rose, Ethereum and its price would change a lot, but it was the complete opposite of what we thought. At the moment, Bitcoin crossed the all-time high of $93,000, but Ethereum did not change its price much. At the moment Ethereum has made its highest price improvement at $3442. Ethereum is going down with Bitcoin price but Ethereum is not going up much when Bitcoin is going up. But I don't know if it will increase in the future, I'm very disappointed myself at the moment because I invested completely by buying an Ethereum. My investment is not very successful. If I had invested in Bitcoin instead of buying Ethereum, my investment would have more than tripled today.

[nakmantu99]

We know that ethereum is the second position crypto in cryptocurrency market. We also know that ethereum is also most valuable crypto in cryptocurrency world. But unfortunately we saw that ethereum prices is underperforming position in this moment. Because we know that bitcoin price is very low down in this moment. So we also know that when bitcoin price will down, than ethereum price will be down. But when bitcoin price will high than ethereum price will be reach in high level. So i believe that in very soon ethereum price will increase gradually.

Yes we know that Ethereum is the second largest altcoin in cryptocurrency after Bitcoin. And I also think that Ethereum is a very valuable coin. But at the moment Ethereum has not changed much in price despite being the most valuable coin and the second largest cryptocurrency. We all thought that when the Bitcoin market rose, Ethereum and its price would change a lot, but it was the complete opposite of what we thought. At the moment, Bitcoin crossed the all-time high of $93,000, but Ethereum did not change its price much. At the moment Ethereum has made its highest price improvement at $3442. Ethereum is going down with Bitcoin price but Ethereum is not going up much when Bitcoin is going up. But I don't know if it will increase in the future, I'm very disappointed myself at the moment because I invested completely by buying an Ethereum. My investment is not very successful. If I had invested in Bitcoin instead of buying Ethereum, my investment would have more than tripled today.

I think Ethereum's achievement at a price of more than $ 3K is already good because previously Ethereum seemed to struggle and had difficulty in rising above the price of $ 3K.
In observing the market, we must be observant and understand the character of the crypto market, because Ethereum also has a problem with gas fees that are too expensive.
I still have confidence that the price of Ethereum will rise next year and reach $ 5K, that's according to my predictions and analysis in observing the market.

[Baofeng]

We know that ethereum is the second position crypto in cryptocurrency market. We also know that ethereum is also most valuable crypto in cryptocurrency world. But unfortunately we saw that ethereum prices is underperforming position in this moment. Because we know that bitcoin price is very low down in this moment. So we also know that when bitcoin price will down, than ethereum price will be down. But when bitcoin price will high than ethereum price will be reach in high level. So i believe that in very soon ethereum price will increase gradually.

Yes we know that Ethereum is the second largest altcoin in cryptocurrency after Bitcoin. And I also think that Ethereum is a very valuable coin. But at the moment Ethereum has not changed much in price despite being the most valuable coin and the second largest cryptocurrency. We all thought that when the Bitcoin market rose, Ethereum and its price would change a lot, but it was the complete opposite of what we thought. At the moment, Bitcoin crossed the all-time high of $93,000, but Ethereum did not change its price much. At the moment Ethereum has made its highest price improvement at $3442. Ethereum is going down with Bitcoin price but Ethereum is not going up much when Bitcoin is going up. But I don't know if it will increase in the future, I'm very disappointed myself at the moment because I invested completely by buying an Ethereum. My investment is not very successful. If I had invested in Bitcoin instead of buying Ethereum, my investment would have more than tripled today.

I think Ethereum's achievement at a price of more than $ 3K is already good because previously Ethereum seemed to struggle and had difficulty in rising above the price of $ 3K.
In observing the market, we must be observant and understand the character of the crypto market, because Ethereum also has a problem with gas fees that are too expensive.
I still have confidence that the price of Ethereum will rise next year and reach $ 5K, that's according to my predictions and analysis in observing the market.

That should be the initial goal of Ethereum investors, at least unlock $3k and see how it goes. And so far it looks good for them, as they have achieved $3,130.70. But still way below it's previous high of $4,800.

But I think it can breach as well as the confidence of investors is already back in the altcoin market. And if ever there will be one altcoins that will start the market's bull run, it will be Ethereum. So it's just a matter of time that all other altcoins as well will follow Ethereum's price movement.

[sampoerna]

I think Ethereum's achievement at a price of more than $ 3K is already good because previously Ethereum seemed to struggle and had difficulty in rising above the price of $ 3K.

For now, the price of ETH is trying to be at a rate above $ 3k. and this makes us increasingly believe that the next target is the new ATH. it's just that, maybe it will wait for the altcoin season first, or even before the altcoin season. this is all thanks to Ethereum's habit of following BTC price movements, although it may not be that significant, but at least the movement of the ETH price is quite influential for the progress and increase of ETH as well. that's why, we are still sure that ETH will print a new ATH even much more than we thought before at what rate.

[vegasus]

I think Ethereum's achievement at a price of more than $ 3K is already good because previously Ethereum seemed to struggle and had difficulty in rising above the price of $ 3K.

For now, the price of ETH is trying to be at a rate above $ 3k. and this makes us increasingly believe that the next target is the new ATH. it's just that, maybe it will wait for the altcoin season first, or even before the altcoin season. this is all thanks to Ethereum's habit of following BTC price movements, although it may not be that significant, but at least the movement of the ETH price is quite influential for the progress and increase of ETH as well. that's why, we are still sure that ETH will print a new ATH even much more than we thought before at what rate.

Even for the past few days, the price of Ethereum has always been above $3k. This proves that the uptrend is still continuing and there are no signs of correction. If you expect the price of ETH to drop below $3k first, it might be a little more difficult. Especially if you look at the current market scheme, it has started a bullrun and altcoin seasons might start soon.

Therefore, we have no choice but to follow Ethereum's movement. Initially, I also hoped that the price of ETH could drop for a moment so that I could take it at a price below $3k, but if you look at the price development, it seems that it will be more difficult to happen during this uptrend race.

[LogitechMouse]

Even for the past few days, the price of Ethereum has always been above $3k. This proves that the uptrend is still continuing and there are no signs of correction. If you expect the price of ETH to drop below $3k first, it might be a little more difficult. Especially if you look at the current market scheme, it has started a bullrun and altcoin seasons might start soon.

Therefore, we have no choice but to follow Ethereum's movement. Initially, I also hoped that the price of ETH could drop for a moment so that I could take it at a price below $3k, but if you look at the price development, it seems that it will be more difficult to happen during this uptrend race.

For me, it's underperforming in terms of price increase. I respect your opinion but just by comparing Bitcoin and Ethereum's price movement in the past few weeks, we saw that Bitcoin has reached ATH after ATH after ATH while Ethereum on one hand, is still sitting on the $3,000 price range. Yes, there's an increase, but not as high as what many are expecting. Altcoin season not started yet? Probably, and we could see an increase in the price of Ethereum on the upcoming weeks, or we might not.

With the current trend that the market has right now, I don't think that it will go below $3,000 yet, but who knows.

[Stompix]

For me, it's underperforming in terms of price increase. I respect your opinion but just by comparing Bitcoin and Ethereum's price movement in the past few weeks, we saw that Bitcoin has reached ATH after ATH after ATH while Ethereum on one hand, is still sitting on the $3,000 price range. Yes, there's an increase, but not as high as what many are expecting. Altcoin season not started yet? Probably, and we could see an increase in the price of Ethereum on the upcoming weeks, or we might not.

And even if there would be a bull run for altcoins, it wouldn't change the fact that till this point you would have been better holding btc, then fiat and then ETH from the previous bull run.
From its peak in December 2021, ETH has fallen against Bitcoin from parity of 0.085 to 0.034, it's close to losing 300% against BTC, no matter how fans try to sugarcoat it, keeping any money in ETH over BTC since 2021 was a loss.

[rizqillah]

For me, it's underperforming in terms of price increase. I respect your opinion but just by comparing Bitcoin and Ethereum's price movement in the past few weeks, we saw that Bitcoin has reached ATH after ATH after ATH while Ethereum on one hand, is still sitting on the $3,000 price range. Yes, there's an increase, but not as high as what many are expecting. Altcoin season not started yet? Probably, and we could see an increase in the price of Ethereum on the upcoming weeks, or we might not.

And even if there would be a bull run for altcoins, it wouldn't change the fact that till this point you would have been better holding btc, then fiat and then ETH from the previous bull run.
From its peak in December 2021, ETH has fallen against Bitcoin from parity of 0.085 to 0.034, it's close to losing 300% against BTC, no matter how fans try to sugarcoat it, keeping any money in ETH over BTC since 2021 was a loss.

I still have ETH in my wallet but it is not a loss because I bought it at a low price. But I agree with you that keeping bitcoin is the right and safer choice because the movement of bitcoin after the US presidential election was quite impressive and we see that the price of bitcoin has reached ATH $93K. But investing in some potential coins like bitcoin, ethereu, BNB and Solanan is the best choice we can do.

[Freemind]

I think the answer is very clear. Ethereum is underperforming because right now all the attention is on Bitcoin. We must remember Trump's words and promises (the move has turned out well) about Bitcoin and cryptocurrencies, and they are being effective at least in terms of popularity and increase in economic value. Now, many more companies and private investors are investing in cryptocurrencies than a few months ago, but they only have eyes for Bitcoin, hence the rest of the coins/tokens barely increase in value, or do so minimally. I don't think it's a cause for concern, when Bitcoin goes down again (some corrections will be necessary) the rest of the market will possibly grow again to some extent.

[Mia Chloe]

I think the answer is very clear. Ethereum is underperforming because right now all the attention is on Bitcoin. We must remember Trump's words and promises (the move has turned out well) about Bitcoin and cryptocurrencies, and they are being effective at least in terms of popularity and increase in economic value.

There are many reasons why Ethereum seems to be under performing . The whole crypto market has been in a bull run for quite a long time now and bitcoin has been the pioneer of this bullish momentum. Ethereum being the largest altcoin or rather second largest cryptocurrency in the crypto space is expected to have made a very huge progress like that of Bitcoin.

Gradually it seems like adoption is drifting away from ethereum. I may not be right about that though based on past behavior of ethereum during the very first Of its lunch, it's expected to have gotten to over $10k by now. Like I always say ethereum is being retarded by problem of infinite supply.

[rizqillah]

I think the answer is very clear. Ethereum is underperforming because right now all the attention is on Bitcoin. We must remember Trump's words and promises (the move has turned out well) about Bitcoin and cryptocurrencies, and they are being effective at least in terms of popularity and increase in economic value.

There are many reasons why Ethereum seems to be under performing . The whole crypto market has been in a bull run for quite a long time now and bitcoin has been the pioneer of this bullish momentum. Ethereum being the largest altcoin or rather second largest cryptocurrency in the crypto space is expected to have made a very huge progress like that of Bitcoin.

Gradually it seems like adoption is drifting away from ethereum. I may not be right about that though based on past behavior of ethereum during the very first Of its lunch, it's expected to have gotten to over $10k by now. Like I always say ethereum is being retarded by problem of infinite supply.

It seems that investors have switched to other altcoins and left Ethereum because we see that Ethereum's high gas fee is always a complaint of many investors. The large supply makes the price of Ethereum unable to rise as high as Bitcoin. And there may be many other reasons why Ethereum does not have a good movement following Bitcoin which has reached ATH $ 93K.

[BitMaxz]

It seems that investors have switched to other altcoins and left Ethereum because we see that Ethereum's high gas fee is always a complaint of many investors. The large supply makes the price of Ethereum unable to rise as high as Bitcoin. And there may be many other reasons why Ethereum does not have a good movement following Bitcoin which has reached ATH $ 93K.

Its not just the gas fee there lots of things that affects the ETH price that is why it couldn't rise even BTC is performing well.
The other reason it doesn't increase because there are less activity on ETH I don't heard any new project about ETH and most of investors are looking for active coins that they know they are going to gain much profit than ETH.
Another reason is that its not altcoin season yet if this day come I am sure ETH will be perform better than the other altcoins.

[Azharul]

It seems that investors have switched to other altcoins and left Ethereum because we see that Ethereum's high gas fee is always a complaint of many investors. The large supply makes the price of Ethereum unable to rise as high as Bitcoin. And there may be many other reasons why Ethereum does not have a good movement following Bitcoin which has reached ATH $ 93K.

Its not just the gas fee there lots of things that affects the ETH price that is why it couldn't rise even BTC is performing well.
The other reason it doesn't increase because there are less activity on ETH I don't heard any new project about ETH and most of investors are looking for active coins that they know they are going to gain much profit than ETH.
Another reason is that its not altcoin season yet if this day come I am sure ETH will be perform better than the other altcoins.

I believe that you could express a best comment in your post, so I am also agree with your comment. We also know that Ethereum is the second level profitable crypto in cryptocurrency world. But we also saw that Ethereum fees is very high then others crypto currency in crypto currency market. So I think it will be very unexpected for us. But if we follow in bitcoin, we can see that bitcoin gas fees are reduce than Ethereum. So I believe that within a short time this problem will be solve.

[Stompix]

I still have ETH in my wallet but it is not a loss because I bought it at a low price.

If you talk about unrealized gains , since you haven't sold your ETH till date to actually get those gains you can't ignore unrealized losses compared to BTC, so it's either one or the other, if we talk cashing out or still holding you must be doing it for both the same time, and right now hiding ETH vs BTC is a loss.

Gradually it seems like adoption is drifting away from ethereum. I may not be right about that though based on past behavior of ethereum during the very first Of its lunch, it's expected to have gotten to over $10k by now. Like I always say ethereum is being retarded by problem of infinite supply.

Doge has infinite supply and is doing just fine, the problem with ETH is far simpler, the hype is gone, there are other shiny new things that want to take its place and after that, there will be other shinny things to replace those, that's what alts are, no matter how bug.

[ZAINmalik75]

So what are the factors that create this situation of Ethereum? Some market participants may attribute the lackluster performance of cryptocurrencies to traditional financial market conditions, but Ether is also facing its own set of challenges, including lower network fees, unappealing staking rewards and weak demand for its recently launched spot exchange-traded fund (ETF) products. Therefore, it’s worth exploring whether these factors will continue to drive Ether’s price down in the future.

Do you agree with the factors stated above or you think that there can be more maybe behind the scene?

ETH is not going to go down even at that time I would say the same because ETH was really low at that time even after the approval of ETFs and it was low because most of the investors wanted to buy BTC from a long time and they bought it over ETH or the delay between ETH and BTC ETFs approval was big that they invested most of their assets in BTC ETFs with a mindset.

ETH is still underperforming and when it rally will start it will shoot right up and make investors money. It's a patience game so we should keep patience and wait for its rally.