Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?
indeed one of the reasons why ETH prices fell because many ICOs were scams, which made investors sell their coins to ETH and cash out, but another cause of ETH price drops is due to falling BTC prices, so that ETH prices also down, because I'm sure if the price of BTC stays at $ 18,000, maybe the price of ETH won't go down very far like what is happening now.