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 ??
If you would carefully observe all the other altcoins right now, you can see that most of them are experiencing this wherein the price doesn't go very high nor very low. The value of the coins sticks to a certain price playing around while going high and going low. It's a big problem for the investors because their investment are just being stagnant in the market. On the case of Ethereum, knowing that its price rely mostly on bitcoin, you can see the root cause on why its price stays on that certain limit, it was because bitcoin is also experiencing it.