how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
seem like its price was a little bubble, people jumped a lot so now it is coming to balance , thats all. There is no price support by developers they dont have a finance management like this, some coins have but not ethereum, developers develops they dont even watch the prices like traders, most of them maybe sold their owns coins if they had because of outcomes.
Real reason ethereum is falling is btc, eth investors follows btc as a leader , a lot of newcomers panicsells so every drop causes another drops.