As we all know, the exchange rate of Ethereum has fallen during the past few months (vs BTC). From around 0.035 BTC per coin six months back, the prices have fallen to 0.0205 BTC as of now. The market share of Ethereum in the cryptocurrency market has fallen from 11.5% to 8.3% during the same period. Other alts have also fallen, but not by this much.
And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?
There is always a chance for a comeback especially if the market will start to recover, Ethereum is consistent now in the 2nd position base on coinmarketcap therefore the chance for a comeback is very high. The prices now is very low and many will surely use this chance to stock some eth and hold it for a long term.
Though we didn't really know the thinking of big whales but what I am sure of, Ethereum will grow once the market will start to grow again base on how the market is cycling for how many years.