What is to blame for the collapse of Ethereum prices in just three months, following its upsurge to nearly $1,400?
Underlisted are what I thought
1, regulation. 2, The exchanges and 3, Mining profitability: The price of Ethereum is governed not only through speculative actions, but also by mining profitability
Will it rise again?
That is a question I am sure you already know the answer to but just want to ask anyway. This is a market, downtrends are normal and they create a great opportunity for those who would like to buy in to get in at a very low price. Some people usually do not see it as an opportunity but rather prefer to join FOMO instead until they get screwed at the top all over again.
It will definitely recover and rise again and may in the long run deliver a new ATH as the case may be, but all requires some level of patience and being smart.