Is it a good time to put some money into eth, or is it falling more?
Yes, I think now is a pretty good time to buy ethereum, because since a few months ago the price of Ethereum has decreased to 50% of its current price, from $4000 and now only $2000. then this is an opportunity for us to make long-term investments. and I believe the price of ethereum will continue to increase in the future up to $5000 to $6000. and this is my opinion. and i have done it. because I don't want to be a spectator when a BULLISH market occurs.
ETH has a better future compared to other altcoins which is a big factor that encourages investors to choose this coin. Thus, buying it now seems to be the best decision as the moment that the market will recover, ETH went high as well. But of course, we need to learn how to become patient, we need somehow to know to hold longer as the market won't just recover instantly as it takes time to have it.
If we can buy ETH last year, then we have no reason that we can't do the same this time which in fact the price is cheap already.
Fibonacci-wise, a decline in the 50% to 61% level becomes an attractive area to buy, and is currently entering that area, so I think it's a good time to collect ethereum. for many people, they may still have doubts if they don't have a personal basis, therefore having a personal analysis is very important, rather than reading the posts of people who told to buy, like me in the selection of that area