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..
We dont know the real reason behind the price decline because there are instances that can affect the market. Though it is possible that some investors are switching to defi projects because thats the trend currently.
will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??
The market will recover but its not certain for how long we're going to wait. Since eth decreased a bit I think it will be fine to take advantage the situation and buy if you believe in this coin.