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?
You should not get excited at the minor raise and fall in the price of Eth or any other altcoin.Because it will not be the same for long period.Use the raise and fall in the price to buy and sell the crypto at low price and get profit from it.Ethereum had raised more then 300$,so ust hold to get some profit.
ETH is struggling and the same struggle is experience by most altcoins, the market dominance of BTC has increase to 70% and it's impossible for altcoins to rise holding only 30% of the market dominance while there are a lot of altcoins in the market.
If ETH will improve or increase, that will be the time when the altcoins starts to rally, but at this time, the chance is very dim.
Therefore, we need to be patient and just wait for that right moment because if you hold, you always have a chance to enjoy a possible bull bull run and ETH might be seen again trading over $1,000 when that time comes.