Re: how low will ethereum go?

Ethereum is seeing a downward trend for quite a few days now, hovering at 260$ right now. I suspect this will go upto about 240$ before starting an upward trend again. What do you guys think? Is this the right time to buy, hold, or sell ethereum?

I have different feelings about this because ethereum price can crash very soon as the miners will move

If miners move, ETH supply will drop and ETH price may or may not go up depending on how demand behaves.

Other coins (assets/tokens) are keeping the ETH at this position and that's why ethereum will be used for a long time from now.

But the price is what matters most for the miners and for the traders but from what I predict I think that we will see ETH at 0.05 very soon.