Re: Ethereum to go up or down?

I speculate that ETH will have to go down sooner or later. No one is interested to buy at these prices right now. Everyone is waiting for it to go down. So it is good to save your money and wait.

I know somebody is accumulating the ETH at the moment, otherwise, the price will be below $0.1 by now.

The ETH price is around $12 now. It has risen about 20% in the last few days. It means the big whales are not out yet.

It is quite strange the Ethereum price is very stable at the moment. According to certain prediction, it should be $0.1 now.

Ethereum still has very strong community support. If you look at the hashing rate, it is still increasing.

That is right. The hashing rate is increasing quite fast at the moment. If it rises another 50%, some high cost miners will not be profitable.

I think the newly increased hashing rate are based in countries with cheap electricity. They might be from China.