So we are now back at the so-called major resistance point of $220, except now,,, we better hope it becomes a major support line. Actually I am quite surprised to see the price right now because in the past month we have seen Bitcoin drop this far, but ETH managed to keep hold of its price. Now not so. Probably too many people took profit at $240?
This market is no longer rising as before, and people tend to speculate more than invest. In fact, investors only care about profits when investing in this market, and you should also consider carefully before deciding to invest.
You got what my thinking is mate,yeah People are now more speculating but Not investing,meaning they are keeping crying about the price falling but they are not doing anything to help the market grow.
This needs investments,the market need to circulate,but how will this happen if there are no investors but so many speculator ?
In my opinion, ETH price will soon have a major correction this month and will soon return to $180, so be patient and wait for more to buy at a cheap price.
Sorry but how can you say that ethereum will go to correction and may return in 180$ level?am curious because actually i want to re invest again but the value now is too high at more than 220$.