coincidentally, the collapse of ethereum came immediately after Vitali Buterin burned 40% of shiba inu. The market did not like it.
i don't think so. ETH price is going down because of bitcoin crash.
That's what I put my money on Ethereum. Currently EIP1559 is in the last call that is BEFORE accepted, we have seen huge development as of now yet because of Bitcoin market ETH follows down. Ethereum is setup to run, so there bunches of room for everybody to win at this moment.
well if you bought ETH last year you may have your profit but 1.5k$ / ETH is still very possible right now.
and it will be very bad for altcoins including ETH if bitcoin will be going down below 20k$ marks.
what you said really does make lot of sense. Look at the charts you’ll see they both played out a lot of something very similar. On the move now maybe but if Bitcoin drops further, like you said will take everything with it. It all moves up and down mostly together, so if it falls to $20k, guess what? It’ll take the entire market with it.