a few days ago hot news / updates about ethereum made me and maybe a lot excited, and ETH prices rose markedly after the next day, it kinda showed a little backward or as I thought. Now ETH prices continue to fall! What caused this? Am I missing something?
The whole market is still bearish. No coin will grow considerably just based off of minor news before the market returns to being bullish. The only way ETH price will increase is if there is actually significant development or if the market goes bullish.
Even though nowadays everything is not in good condition, aka the price is going down but I believe that ethereum will return to the best position again because ethereum has been tested and used to experiencing things like this decline, must be optimistic that all crypto will be passionate in the future.
Question is, would people be willing to wait until that time? I mean, let's face it, eth can take months to get back tona favorable point enough to attract mew investors. I know those that have been long eth supporters would be willing to wait that out but what about the rest?