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 ??
I think like other altcoins the price is still depending on the price flow of bitcoin,
and Ethereum has been quiet, it needs a good update or good news.
There have been several good news in the past years for ethereum and many people were expecting that this could wake up the market and give profits to all of those that had been holding their ethereum for the long term, and despite all of that the market of ethereum is still not recovering, we must admit that there is simply no demand for ethereum and without that demand the price cannot go up, and it is impossible for the demand to go up when bitcoin is moving so much and giving so many profits, if you want to know when ethereum could move up in value then you should know that will be when bitcoin experiences a period of stability.