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Author Topic: I don't $1700 will be the bottom for ETH. The charts say lower  (Read 2683 times)

Offline Kemarit

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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #30 on: April 07, 2025, 08:23:12 AM »
well eth is tanking bigly as I type it is knocking at 1700 even as we are at 1723


btc is also hurting but not as much as eth still 81.8k


so maybe btc goes to 79k again or worse

and maybe eth goes to 1650


I would say both are likely.

and solana is hurting 113

Its' a bloody Monday, at least for my timezone.

BTC goes to $76,000, Worst is ETH at 1,500 and it looks like the dip is still going to continue as there are a lot of uncertainties as the US is entering a recession under Trump.

Tariff is still the major news that really pull the market, including stocks to it's lowest in years. So it's very hard to hold ETH for now.
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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #30 on: April 07, 2025, 08:23:12 AM »

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Offline KryptoBull

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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #31 on: April 07, 2025, 11:13:12 AM »
Its' a bloody Monday, at least for my timezone.

BTC goes to $76,000, Worst is ETH at 1,500 and it looks like the dip is still going to continue as there are a lot of uncertainties as the US is entering a recession under Trump.

Tariff is still the major news that really pull the market, including stocks to it's lowest in years. So it's very hard to hold ETH for now.
I also saw ETH drop to 1.4K USD today, which was a real surprise because it means a 65% decrease from its peak in December 2024. This really shouldn't be happening in an uptrend with our crypto queen!

In this situation, holding ETH might be stressful for investors, but it could be a great opportunity to DCA ETH for those who still believe in its future. I'm hoping this black swan event will pass soon, and we'll still have enough time in 2025 for the rest of the uptrend.

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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #31 on: April 07, 2025, 11:13:12 AM »

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Offline Jating

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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #32 on: April 07, 2025, 11:28:54 AM »
Its' a bloody Monday, at least for my timezone.

BTC goes to $76,000, Worst is ETH at 1,500 and it looks like the dip is still going to continue as there are a lot of uncertainties as the US is entering a recession under Trump.

Tariff is still the major news that really pull the market, including stocks to it's lowest in years. So it's very hard to hold ETH for now.
I also saw ETH drop to 1.4K USD today, which was a real surprise because it means a 65% decrease from its peak in December 2024. This really shouldn't be happening in an uptrend with our crypto queen!

In this situation, holding ETH might be stressful for investors, but it could be a great opportunity to DCA ETH for those who still believe in its future. I'm hoping this black swan event will pass soon, and we'll still have enough time in 2025 for the rest of the uptrend.
Really bad for investors to really hold not just ETH, other altcoin as well in which we think it will have it's own huge bull run. But not going to happen right now as we have another day of almost everyone is bleeding. Bad start of the week for everyone, and it signal that maybe there will be a lot of those who might really go and sell because they don't want to see what is happening. We couldn't blame them as they've also a lot and maybe just wanted to cut losses as we will see the market continue to go down for this month alone.
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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #33 on: April 07, 2025, 03:28:46 PM »
Its' a bloody Monday, at least for my timezone.

BTC goes to $76,000, Worst is ETH at 1,500 and it looks like the dip is still going to continue as there are a lot of uncertainties as the US is entering a recession under Trump.

Tariff is still the major news that really pull the market, including stocks to it's lowest in years. So it's very hard to hold ETH for now.
I also saw ETH drop to 1.4K USD today, which was a real surprise because it means a 65% decrease from its peak in December 2024. This really shouldn't be happening in an uptrend with our crypto queen!

In this situation, holding ETH might be stressful for investors, but it could be a great opportunity to DCA ETH for those who still believe in its future. I'm hoping this black swan event will pass soon, and we'll still have enough time in 2025 for the rest of the uptrend.
Really bad for investors to really hold not just ETH, other altcoin as well in which we think it will have it's own huge bull run. But not going to happen right now as we have another day of almost everyone is bleeding. Bad start of the week for everyone, and it signal that maybe there will be a lot of those who might really go and sell because they don't want to see what is happening. We couldn't blame them as they've also a lot and maybe just wanted to cut losses as we will see the market continue to go down for this month alone.
Actually, i think that your comment is also very prefer in this time. So i am also agree with your prefer comment. I also believe that maybe ethereum price reach more down level, because we know that in this time ware paws will be spread all over the world. So i think that its the main reason for price down for ethereum. If we follow in cryptocurrency market we can see that ethereum price $1511 now. I also think that gradually ethereum price will be down. So i believe that in this time if we observe cryptocurrency market, i think that it will be correct decision for us.
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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #34 on: April 07, 2025, 04:05:12 PM »
Its' a bloody Monday, at least for my timezone.
BTC goes to $76,000, Worst is ETH at 1,500 and it looks like the dip is still going to continue as there are a lot of uncertainties as the US is entering a recession under Trump.

But, but but....
Recession was supposed to be good for crypto! Tariffs were supposed to be good for crypto! Trump was supposed to be good for crypto!
And what a surprise, when everyone is losing money things are not good for crypto!  ;)
Buckle up as counter-tarrfs from Asian countries and the whole of EU are coming up, this is going to be a bloody week not just Monday!

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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #35 on: April 07, 2025, 11:59:30 PM »
Its' a bloody Monday, at least for my timezone.

BTC goes to $76,000, Worst is ETH at 1,500 and it looks like the dip is still going to continue as there are a lot of uncertainties as the US is entering a recession under Trump.

Tariff is still the major news that really pull the market, including stocks to it's lowest in years. So it's very hard to hold ETH for now.
Yes, it is a big dump in Monday. Honestly, I'm a bit shocked.  :'(

Today, it dropped below $75k. If you checked CMC, the lowest price today was $74,436. Will Bitcoin drop below $70k this week?  :-\
Ethereum did the same way, it also dropped quite a lot. The lowest price of ETH today was $1,415. If this continues, it may be around $1000 very soon.

There is always bad news currently. Tariff is just one of them. We are experiencing many huge dump after Trump was elected. It is totally unexpected impact.


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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #36 on: April 08, 2025, 05:39:59 AM »
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Re: I don't $1700 will be the bottom for ETH. The charts say lower
Well, it dropped to near $1400 just a few days ago.

TBH, I expected that it will happen to the crypto market as well since we've seen the Stock Market went down significantly last week. It's only a matter of time before it happens, and it happened yesterday. Bitcoin created a new year-low which is around $75,000, and Ethereum also created a new one as well at around $1400.

I hope that everybody's okay with that recent dump. I guess I'm just happy that it happened because I might be at a loss on my current portfolio, but I took that opportunity to make some short position and made profit from it. :)

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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #36 on: April 08, 2025, 05:39:59 AM »


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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #37 on: April 12, 2025, 01:04:50 PM »
Its' a bloody Monday, at least for my timezone.
BTC goes to $76,000, Worst is ETH at 1,500 and it looks like the dip is still going to continue as there are a lot of uncertainties as the US is entering a recession under Trump.

But, but but....
Recession was supposed to be good for crypto! Tariffs were supposed to be good for crypto! Trump was supposed to be good for crypto!
And what a surprise, when everyone is losing money things are not good for crypto!  ;)
Buckle up as counter-tarrfs from Asian countries and the whole of EU are coming up, this is going to be a bloody week not just Monday!
I can smell the sarcasm here, Lol. But in any case that's what we have heard and there are people who are preaching this. But we don't know yet, but in the first salvo, tariff is not that good, or at least the ongoing tariff war. China is not going to take this lightly, specially JD Vance calling them peasants. Going to be a huge war from China to their allies and it looks like Trump has poke the bear here and it will not end up good for the US and it really been affected crypto market in general.
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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #38 on: April 16, 2025, 03:57:46 AM »
Quote
Re: I don't $1700 will be the bottom for ETH. The charts say lower
Well, it dropped to near $1400 just a few days ago.

TBH, I expected that it will happen to the crypto market as well since we've seen the Stock Market went down significantly last week. It's only a matter of time before it happens, and it happened yesterday. Bitcoin created a new year-low which is around $75,000, and Ethereum also created a new one as well at around $1400.

I hope that everybody's okay with that recent dump. I guess I'm just happy that it happened because I might be at a loss on my current portfolio, but I took that opportunity to make some short position and made profit from it. :)
Your comment is very prefer in this time. If we follow in cryptocurrency market, we can see that ethereum price is $1592 right now. I think that it is also the down level in cryptocurrency market for ethereum. But we know that ethereum price reach under $1400 in cryptocurrency market. We know that cryptocurrency market is always depending on up and down, i believe that gradually ethereum price reach best position. So i think that down market will be best profitable source for ethereum.
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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #39 on: April 16, 2025, 11:39:55 PM »
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Re: I don't $1700 will be the bottom for ETH. The charts say lower
Well, it dropped to near $1400 just a few days ago.

Actually quite worried about the current condition and even if compared between the rate of price increase and also the opposite point for the drop, it actually dropped higher. if the price of ETH in the last 24 hours was able to rise 2%, then, it actually fell more than 3%. and this continued to happen until the price of ETH had dropped below $ 1.5k. the plan for now, the price has risen enough to return above $ 1.5k. but no one can guarantee that it will happen at that rate. it could be because of bad news, the price will drop again, and even much lower, this is much worse than the fall in the price of bitcoin.
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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #40 on: April 16, 2025, 11:46:22 PM »
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Re: I don't $1700 will be the bottom for ETH. The charts say lower
Well, it dropped to near $1400 just a few days ago.

TBH, I expected that it will happen to the crypto market as well since we've seen the Stock Market went down significantly last week. It's only a matter of time before it happens, and it happened yesterday. Bitcoin created a new year-low which is around $75,000, and Ethereum also created a new one as well at around $1400.

I hope that everybody's okay with that recent dump. I guess I'm just happy that it happened because I might be at a loss on my current portfolio, but I took that opportunity to make some short position and made profit from it. :)
I thought at that time the price of $2500 was the lowest for ETH, ehh know even more fell when bitcoin was experiencing a decline, this is really the deepest price for ETH because it does not show good performance in the market.

Some people even started criticizing Vitalik when he was highlighted in any video, but I don't know what they want because this market condition makes it fall to altcoins.

Will stick with my ETH and won't sell, might buy when the price starts to go to $1000.

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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #41 on: April 17, 2025, 10:14:48 AM »
I can see ETH to drop lower than 1300 at summer...I lost any trust in ETH...

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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #42 on: April 17, 2025, 11:47:48 AM »
Some people even started criticizing Vitalik when he was highlighted in any video, but I don't know what they want because this market condition makes it fall to altcoins. Will stick with my ETH and won't sell, might buy when the price starts to go to $1000.
For those that are familiar with charts the market behavior recently has been quite crazy and not only Bitcoin and ethereum were affected many other instruments and assets were also affected. Even the so called ETFs got hit too it was all based on the trump effect.

Nobody actually can tell 100% just by analyzing the chart that ethereum will not fall below $1,700 that's because fundamentals have a big role to play in price movement especially major ones.
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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #43 on: April 17, 2025, 05:27:05 PM »
Some people even started criticizing Vitalik when he was highlighted in any video, but I don't know what they want because this market condition makes it fall to altcoins. Will stick with my ETH and won't sell, might buy when the price starts to go to $1000.
For those that are familiar with charts the market behavior recently has been quite crazy and not only Bitcoin and ethereum were affected many other instruments and assets were also affected. Even the so called ETFs got hit too it was all based on the trump effect.

Nobody actually can tell 100% just by analyzing the chart that ethereum will not fall below $1,700 that's because fundamentals have a big role to play in price movement especially major ones.
Trump's actions do affect globally not only the crypto market, with trade war tariffs making the economy turbulent and the news is that Trump is pulling trade tariffs on China by more than 200% and then they will meet with the Chinese president, what other theatrics will they do?

Relying on charts will not be as accurate as possible, government policies also greatly affect any market.

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Re: I don't $1700 will be the bottom for ETH. The charts say lower
« Reply #44 on: April 18, 2025, 05:39:17 AM »
Its' a bloody Monday, at least for my timezone.

BTC goes to $76,000, Worst is ETH at 1,500 and it looks like the dip is still going to continue as there are a lot of uncertainties as the US is entering a recession under Trump.

Tariff is still the major news that really pull the market, including stocks to it's lowest in years. So it's very hard to hold ETH for now.
Yes, it is a big dump in Monday. Honestly, I'm a bit shocked.  :'(

Today, it dropped below $75k. If you checked CMC, the lowest price today was $74,436. Will Bitcoin drop below $70k this week?  :-\
Ethereum did the same way, it also dropped quite a lot. The lowest price of ETH today was $1,415. If this continues, it may be around $1000 very soon.

There is always bad news currently. Tariff is just one of them. We are experiencing many huge dump after Trump was elected. It is totally unexpected impact.

Ethereum somewhat is trading at the current price of $1,581.43. And the trend didn't continue and luckily for those holders it didn't go down as low as $1000.00.

I think it will be a disaster if the price reaches that level and probably that could be the last straw for them, but all could be lost if the price goes down, it could be like -70% from it's all time high of $4,891.70.
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