is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..
will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??
I don't think it's 100% because of this and there are many other reasons because in general we also don't know why the market isn't getting better. For the reason of the DeFi hype, I think there are also many traders who enter and sell some of their assets so that they don't fall behind with the current DeFi trend but this is not the reason why some altcoins or BTC prices fall deeply. And is this a good time to enter? no one knows because every trader or investor must have their own analysis. The current situation is very difficult to predict even with a strong TA.