ETH has dropped 10% within 24 hours,
Means someone sold their bag of ETH.
ETH is in real danger as it may turn bearish at this time.
Turning bearish and real danger are not the same. Danger would mean something like their blockchain getting hacked or attacked. Bearish is a term used to denote the market trend. Both are different meanings. I still dont understand how much of a fool you need to be in order to confuse the two terms.
We can clearly see the bullish movement is slowly fading and this is also the lowest point.
Does it matter? Up and down are the ways of the market to go. Does not really mean anything to the project's development.
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.
Let them do so. Again, does it matter? Quick way to buy some ETH at low price if you wish to stock some up though.
You all need to know market psychology and indicators in a better manner.