But it's not only ethereum, everything is in bear mode and bitcoin reagained some dominance (right now at 44%). I don't know when we are going to go bull again, but I hope it's not that far
I wonder what would happen to Ethereum's price if Bitcoin will climb up to 70% dominance as it was a few months ago...
Would be around $200 , all other things being equal. If BTC drops to long term trend at 2-3000, then 70% indicates ETH at around $80.
But why would that dominance figure be so high ?