We have seen ETH going up and down so many time. Now do you think ETH is officially dead, why do you think so?
Dead? Why would it be dead? lol...
We are currently facing a bear market stage, of course prices are down. All there is to do currently is accumulate those great projects out there (if you truly believe in cryptos and their technologies) or HODL if you are in loss.
That being said, ETH is far from being dead... It's a great promissing altcoin.
I believe the market will eventually switch from being bearish to bullish (Hopefully some time in the near future).
I don't know why people would think that ETH is dead.
Perhaps they are trying to make conversation. This is clearly normal bearish behavior and it's only a matter of time since it goes back to $1K or higher.