Ethereum has been making some loses for quite some time now and I wonder if this loses are going to continue. Before this time there is always carry along when bitcoin is bearish or bullish but now that is no longer the case. Today I see bitcoin making some gains and there is falling. How long can this continue?
Our market has shown signs of growth from the last two days and you should not worry anymore. The $ 200 price is definitely the bottom price. Although ETH was not long ago, the price dropped to $ 177 but it recovered quickly. This shows that the whales always keep it at $ 200 and that's the real value of it. It will soon grow back.
There are many panic people dumped the ETH at $200 and whales bought ETH at that price and we can expect any the price of ETH will start increasing. There are many people kept very huge expectation on ETH that the price of ETH will cross 500$ easily.