Etherum is having a very bad situation now. Nearly 50 percent reduction only occurs in a few weeks. Of course this is a very difficult thing for anyone who suffers from Etherum. This is a direct loss, but when we can think more openly, we must know that the price of Etherum is very likely to increase. The quality of Etherum has been recognized by everyone and therefore Etherum has gained a very good level of public trust.
So it's not impossible that the price of Etherum will increase again.
Ethereum is recognized by many and it will not let it die or roll down so low as not to rise back. Ethereum is a reliable coin, which proved that it is not easy to be the leader among altcoins. The fall that is now taking place is a temporary phenomenon before the start of a new big growth. I have no doubt about that.
Even it was down many times, people are still trusting ETH.
Now that it shows a little improvement, I think this will trigger people to be aggressive in buying again.
Buying it at $1,000 still looks an opportunity to me, if BTC could rise $20,000, I think ETH can achieve at least haft of that in time.
It's one of the most traded, of course next to BTC, $3 billion dollars daily volume now, it shows how it's trusted. s