I was panicked for the first time. The entire market is declining. ETH will reach 350 US dollars?
The first few days of the market made me panic. I dare not use funds. Is the bubble really coming? Or other reasons affect market prices? Does anyone know why this is?
the bubble has already come! that is why the prices are still going down. it is the bubbles bursting now that you are seeing. the problem is that instead of price going down as fast as it went up, the drop is being slowed down a lot and that makes it last much longer.
for example instead of ETH going back down to $100 in 2 months, it is taking 8-9 months maybe a year to get there.
but there are smaller altcoins that had to go down to something like $1 from $50 and they did that in about 3 weeks. and because of that these coins are not rising up. we had one a couple of days ago that went up from $1 to something about $20 just because it had its dumping phase finished.