it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?
Really its going steady price .It's got a downtrend and fall down heavily and starting to recover once again. The price is around 180$ at the moment and its struggling .Market always is an uncertain place .I think the platform is well established and still on the 2nd position of the market cap .So hopefully it will recover soon .
Most of the altcoins that we have now are all struggling and it is not Ethereum alone, we are just being picky on Ethereum before it is tagged the king of altcoins, and I could understand everyone that have so much expectation in bitcoin that as a king of altcoins, it is meant to still leave differently which I think it is still following. If they were not storing, I am sure that they would have falling long time ago and probably one other coin would have already taken control of the position of altcoins.
I think that the factor that is generally affecting altcoins is what is just making Ethereum to struggle and I am hoping that one day, the factor would be over and Ethereum would return back to its normal price that would encourage more investors and make its users have faith in it again.