I want to know the opinion of all crypto friends in this forum about Ethereum, because the price of Ethereum is currently unable to rise beyond the $ 300 figure. ethereum prices are only between $ 150 - $ 250. and this incident makes me wonder, why did this happen to Ethereum ??
Simply there is no event with Ethereum thus sideways or bearish market is expected. Another factor also is that Bitcoin is becoming more dominant than altcoins. If the gap of market cap between Bitcoin and altcoin increases continuously, expect that Bitcoin wouldn't be able to carry altcoins to the moon which is bad because once Bitcoin gets overwhelmed too much, a bearish trajectory is expected.