As we can see that the market of ETH is again becoming the weak one and there is no way it is even trying to come up with the prices of 300+ and they should have been 500 USD per coin by this time and thats why it is hopeless to see it trading at such low rates.
I wish to see some comments from the people as to why this situation is getting harder for the ETH specifically and why it is not in the recovery mode yet?
Is ETH becoming project which will be overcome by any other projects out there?
There is no doubt in Ethereum, on the contrary, now it is necessary to increase positions on it. Remember the summer-autumn of last year when the price of Ethereum was 200-250 dollars and how much it grew by January. Ethereum is a strong project I'm sure of. One person for 4 years to buy bitcoin every month for $ 500 despite the price whether it is $ 200 or $ 20,000, and now this man is rich. He never doubted that the price would rise. Now the situation is the same-many do not believe, but it's just a pause.