I don't $1700 will be the bottom for ETH. The charts say lower

[legend45]

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.

Indeed, the reality that we see is that ethereum seems to struggle and has difficulty following bitcoin price movements.
In fact, as an altcoin that ranks first on CMC, ethereum should have shown good progress in the market when bitcpin reached ATH, but the reality says otherwise. However, the hope that ethereum will reach ATH is still there because this year's bullish season will peak in Q3, many people predict.

[UNIVERSE]

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.

Ethereum price is increasing a bit, it is almost $2k again recently. In the early of this month, Ethereum price was around $1,9k. So, it seems it is quite safe from the big decline to $1k.

Yes, it will be a big drop if the price will be around $1k. I'm not sure that many holders will keep holding, some of them may start to think about cut-loss. Well, the current price is still far from its ATH. If it dropped to $1k, it is getting far from the ATH. Honestly, it is too bad to see the current condition of Ethereum.

[sampoerna]

Ethereum price is increasing a bit, it is almost $2k again recently. In the early of this month, Ethereum price was around $1,9k. So, it seems it is quite safe from the big decline to $1k.

Yes, it will be a big drop if the price will be around $1k. I'm not sure that many holders will keep holding, some of them may start to think about cut-loss. Well, the current price is still far from its ATH. If it dropped to $1k, it is getting far from the ATH. Honestly, it is too bad to see the current condition of Ethereum.

In fact, one of the most significant declines was experienced by Ethereum, among several other top altcoins. ETH even fell below $ 1.5k a few days ago and this is very bad because after the journey the price can really be that high, but in the end it can collapse again very quickly.

But fortunately, it was only temporary, at least now the price of ETH is still often above $1.5k, so it can still be believed to be able to rise again in this bullish era, regardless of the good news that will happen, whatever in the future.

[Kemarit]

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.

Ethereum price is increasing a bit, it is almost $2k again recently. In the early of this month, Ethereum price was around $1,9k. So, it seems it is quite safe from the big decline to $1k.

Yes, as Bitcoin goes to $85,000, Ethereum at least go to $1600. So that is a good sign for investors that at least it didn't nose dive to critical level as it will really create panic for it's investors.

Yes, it will be a big drop if the price will be around $1k. I'm not sure that many holders will keep holding, some of them may start to think about cut-loss. Well, the current price is still far from its ATH. If it dropped to $1k, it is getting far from the ATH. Honestly, it is too bad to see the current condition of Ethereum.

Maybe there are still some who are holding, or perhaps others might have sold because they don't like what they are seeing right now. And maybe the latter are correct as the price is still far from it's previous all time high. While one of it's competitor like SOL has reached a new all time high already last January.

[NotATether]

Ethereum on Proof of Work looks like a totally different coin from Ethereum on Proof of Stake, so that kind of explains why the price is in free-fall and yet no altcoin can actually replace it.

Nevertheless, I expect Ethereum to surprise us all in 1-2 years and recover all the price that it lost, and maybe it will even surprise us with a new ATH (I don't expect it to be much larger though).

[doc]

Ethereum price is increasing a bit, it is almost $2k again recently. In the early of this month, Ethereum price was around $1,9k. So, it seems it is quite safe from the big decline to $1k.

Yes, it will be a big drop if the price will be around $1k. I'm not sure that many holders will keep holding, some of them may start to think about cut-loss. Well, the current price is still far from its ATH. If it dropped to $1k, it is getting far from the ATH. Honestly, it is too bad to see the current condition of Ethereum.

In fact, one of the most significant declines was experienced by Ethereum, among several other top altcoins. ETH even fell below $ 1.5k a few days ago and this is very bad because after the journey the price can really be that high, but in the end it can collapse again very quickly.

But fortunately, it was only temporary, at least now the price of ETH is still often above $1.5k, so it can still be believed to be able to rise again in this bullish era, regardless of the good news that will happen, whatever in the future.

Indeed, ethereum seems to be struggling, as the king of altcoins and ranked second on CMC, its movement is not good. While solana and XRP; their movements are better following the price of bitcoin on the crypto market. sometimes I feel a little pessimistic whether ethereum can touch ATH this year or will soon be replaced by other altcoins.

[sampoerna]

In fact, one of the most significant declines was experienced by Ethereum, among several other top altcoins. ETH even fell below $ 1.5k a few days ago and this is very bad because after the journey the price can really be that high, but in the end it can collapse again very quickly.

But fortunately, it was only temporary, at least now the price of ETH is still often above $1.5k, so it can still be believed to be able to rise again in this bullish era, regardless of the good news that will happen, whatever in the future.

Indeed, ethereum seems to be struggling, as the king of altcoins and ranked second on CMC, its movement is not good. While solana and XRP; their movements are better following the price of bitcoin on the crypto market. sometimes I feel a little pessimistic whether ethereum can touch ATH this year or will soon be replaced by other altcoins.

And now, when the price of BTC is soaring, Ethereum has also finally managed to follow in its footsteps with a very significant increase, more than 13%. The price of ETH is now at $1.7k, it's going down. But this shows that Ethereum is still very worth it for investment. It's just that the market drop that occurred significantly on ETH some time ago was quite worrying because the drop rate was very drastic. So, when the price has started to rise again, then we will hope that the price of Ethereum can really return to more than $2k again. And I am still part of those who believe in this.

[yohananaomi]

Ethereum price is increasing a bit, it is almost $2k again recently. In the early of this month, Ethereum price was around $1,9k. So, it seems it is quite safe from the big decline to $1k.

Yes, it will be a big drop if the price will be around $1k. I'm not sure that many holders will keep holding, some of them may start to think about cut-loss. Well, the current price is still far from its ATH. If it dropped to $1k, it is getting far from the ATH. Honestly, it is too bad to see the current condition of Ethereum.

In fact, one of the most significant declines was experienced by Ethereum, among several other top altcoins. ETH even fell below $ 1.5k a few days ago and this is very bad because after the journey the price can really be that high, but in the end it can collapse again very quickly.

But fortunately, it was only temporary, at least now the price of ETH is still often above $1.5k, so it can still be believed to be able to rise again in this bullish era, regardless of the good news that will happen, whatever in the future.

Indeed, ethereum seems to be struggling, as the king of altcoins and ranked second on CMC, its movement is not good. While solana and XRP; their movements are better following the price of bitcoin on the crypto market. sometimes I feel a little pessimistic whether ethereum can touch ATH this year or will soon be replaced by other altcoins.

It must be admitted that Ethereum is currently not doing well. That does not mean that they are not trying to increase again, but the market is not on their side at this time.
But it is true that there are already altcoins that can move well at this time, as you said, but once again, it will be difficult for them to be able to remove ethereum at its current ranking and will continue to be able to maintain it.
My assumption is that when all altcoins increase, it is certain that ethereum will also be able to and be able to reach its ATH.

[fruktik]

I see a strong bearish trend that shows no signs of a trend change. Yes, there is an attempt to change it, if you look at the last candle of the monthly chart, but this is only indirect information so far. There is also no fundamental basis for this. There is no positive news, and this affects the price and the continuation of the fall. It is highly likely that after a small rebound upwards, the rate will go down again to the level of 950 dollars.

[Sim_card]

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.

Indeed, the reality that we see is that ethereum seems to struggle and has difficulty following bitcoin price movements.
In fact, as an altcoin that ranks first on CMC, ethereum should have shown good progress in the market when bitcpin reached ATH, but the reality says otherwise. However, the hope that ethereum will reach ATH is still there because this year's bullish season will peak in Q3, many people predict.

Etherum reached $4k when bitcoin price recorded a new ATH in January. However, I don't think that Etherum will be able to reach that amount when bitcoin price will make a new ATH because the price of Etherum doesn't show any significant uptrend so far. Don't be surprised that the price of Etherum might dip below $1500, if the bear market arrives.

[debra]

Etherum reached $4k when bitcoin price recorded a new ATH in January. However, I don't think that Etherum will be able to reach that amount when bitcoin price will make a new ATH because the price of Etherum doesn't show any significant uptrend so far. Don't be surprised that the price of Etherum might dip below $1500, if the bear market arrives.

Why? I think it is not impossible that ETH can be $4k again. But it must be above $2k soon and the price of Bitcoin can keep increasing. I'm sure ETH can be around $3k again if BTC hits a new ATH. And ETH can be around $4k if BTC will be sideways above $100k after it hits a new ATH. The lowest price of ETH in this cycle has passed, it was almost $1k again. But luckily it was still above $1.

[vegasus]

Etherum reached $4k when bitcoin price recorded a new ATH in January. However, I don't think that Etherum will be able to reach that amount when bitcoin price will make a new ATH because the price of Etherum doesn't show any significant uptrend so far. Don't be surprised that the price of Etherum might dip below $1500, if the bear market arrives.

Yes, because the price drop that occurred in ETH at that time, when BTC also dropped, was very drastic, even exceeding what happened to Bitcoins and several other top altcoins. Even down below $1.5k, right at that time? So, when the ETH price increase performance is so rapid, the price will still be quite difficult to follow the movement of Bitcoin which is indeed very impressive.

For now, the price of ETH has only reached $1.8k when the price of BTC has risen to $97k. So, ETH really needs a real and skyrocket high pump so that it can really boost its price maybe up to more than $2.5k.