yes agree with you, the next 24 hours ethereum will dump follow the bitcoin price even now in coinmarketcap ethereum price show drop to 6% and ethereum price become $132. when bitcoin price dropped i think ethereum price will follow it. if ethereumincrease price it will be bitcoin rise first. just little chance to ethereum increase price in the next 24 hours, if it happens i think under 5%
But you do realize that the guys who posted this were talking about a day that is over a month gone now right? And tell you,,, even if ETH dumps in the next 24 hours, so what? People will get more ETH at this point. In fact any more drops and people will get even more ETH if possible. We are talking now about a price less than 10% of the ATH. For a coin that will for sure stay around long term, and even improve with 2.0 next year.
Ethereum will definitely recover at some point in the future, but that is precisely the problem we do not know when that will happen so even if the price of ethereum is very low compared to its ATH I am not really planning to buy ethereum at the moment, the recent drop in the price of most coins in the market made most altcoins to suffer, bitcoin recovered and it is trading at the same levels but coins like ethereum lost ground against bitcoin and the bitcoin dominance has increased as a result of this.