I want to know the opinion of all crypto friends in this forum about Ethereum, because the price of Ethereum is currently unable to rise beyond the $ 300 figure. ethereum prices are only between $ 150 - $ 250. and this incident makes me wonder, why did this happen to Ethereum ??
I am bullish about ethereum and the recent crash is a good buying opportunity just before eth 2.0 launch in my opinion and after eth 2.0 launch the price is expected to grow rapidly because most of circulating supply will move to stake so bulls will dominate.
Undoubtedly, after the Ethereum 2.0 update takes effect, the supply on the market will decrease. Perhaps initially this will happen insignificantly, but as prices rise, staking will bring more profit than usual. In addition, increasing the scalability of Ethereum will, as always, attract a larger Circle of developers, which will increase the demand for Ethereum in the cryptocurrency market.