Ethereum is beginning to fall again. It is estimated that the bear will have a profit run for four months.
eth current price is 423$ too much down price is still falling means eth price bottom is still going more down i think 400$ will be the bottom or maybe more but one thing eth is too cheap
3 months ago eth price was more then 1300$.
its because more ICOs are raising funds in eth coin and sell them all for $ but still some companies did not sell their eth. means eth will go down more ?
It might go down a bit more with other coins. But I think it will be up later in the year.
I think that people are losing interest since there are no record prices anymore. Another factor is that nobody wants to invest in a bearish market, especially in riskier projects so the ICO space is currently shut down.
In this article, you can find a good market price review and some other well-argued factors for the current bearish trend: https://coincodex.com/article/1452/the-cryptocurrency-market-in-context-market-cap-slides-to-280-billion-as-slump-continues/