I am a bit broken hearted now i know like i know emotions have no place in trading. I am trying my best not to feel a thing but i was so delighted when it went $177 thought that is just paving the way so bull can enter. Now i dont really know when ETH would be tired of going down and finally starts to climb up.
There is some reasons for losing value like this, first reason is of course bad market and bitcoin, it is dropping %15-20 in one day so ethereum or others are dropping much it is normal. And second reason is that there are a lot of shit and scam projects and icos, most probably they are selling their eth when they collected at ico time so there is some big reasons behind this falling.