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/
So folks, as they say in the movies, we have 2 news for ETH right now, a good one and a bad one?
With which should I start?
1. Good news - we finally cut loose from BTC price dependency!
2. Bad news - dependency is in a negative for ETH direction though. BTC is very far from its all time low for 2018 (6000 USD), while ETH already dipped down further than its all time low for 2018 and reached new one against USD and its also crashing against BTC.