What is happening now? Ethereum is now struggling to meet the expectations on its eco-members. Anyway, within each worst situation, there is an advantage. This is the right time to buy more ethereum and make some good profit during upswing.
Yes you are right. I'm sure this is a temporary pressure on Ethereum. Perhaps this is done by competitors intends. But I believe that Ethereum is the strongest team and the most steep prospects to gain a foothold in the first place among all the blockchains. A lot of positive events should happen this year.
I am also still confused why the price of Ethereum down in this week, but I know a lot of positive news about cryptocurrency but for some reason bitcoin and also ethereum even go down the price.