ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
Bear time over long time before, now only time for correction. The whole coinmarketcap dropped 50 billions USD, we can blame only Ethereum. Top coin (Bitcoin) also dumped more than 1500-1700 USD. Bitcoin halving and Ethereum 2.0 is could be major improvement for this situation. I think instant dump is good for crypto as like now.