if eth is high ,how about btc where most people and new comers buy ? but we all have a buying point .
you can wait for more price drops if you dont feel like buying now
Same reason, BTC price is too high for newcomers too. Trust me, you don't want to buy after the biggest bull rally. Things are uncertain now, better wait for long term investment. Either wait for trend reversal sign or expect price to drop and buy more for cheaper price. ETH can't go up when BTC goes down, it's tied to BTC just like all other altcoins.
it could be high for some new comers and they pick up cheap coins instead but its not about the quantity but its the quality .
the bull is done and it was now bear season . this time is good for buying because all coins are now cheap . you can buy btc if you believe eth cant go up itself