I bought ETH for $ 260 and now ETH is down to $ 220, but I still decide to hold and wait for ETH's return. Hopefully, the crypto market will soon recover.
In all currency markets, prices fluctuate cyclically. The cryptocurrency is no different. Only price fluctuations are greater because the market is decentralized and can not count on the intervention of domestic banks in order to stop the rapid depreciation of the currency. The market is regulated by itself. Therefore, the matter of time is when eth regains its splendor because eth has a lot of trust among users.
Decentralized of crypto doesn't give any impact to the centralized market. It's decentralized on its blockchain system but after it will be used centralized market as the main gateway to get more demand and then the decentralized of crypto means nothing. Ethereum will be recovering a little bit and i believe another bearish trend will come as soon as possible.